Browse by JEL codes

A

Achdou, Yves, Han, Jiequn, Lasry, Jean Michel, Lions, Pierre Louis and Moll, Ben ORCID: 0009-0003-6067-359X (2022) Income and wealth distribution in macroeconomics: a continuous-time approach. Review of Economic Studies, 89 (1). 45 - 86. ISSN 0034-6527

Achdou, Yves, Han, Jiequn, Lasry, Jean Michel, Lions, Pierre Louis and Moll, Benjamin ORCID: 0009-0003-6067-359X (2017) Income and wealth distribution in macroeconomics: a continuous-time approach. NBER Working Paper (23732). National Bureau of Economic Research, Cambridge, MA.

Albert, Juan-Francisco and Gómez Fernández, Nerea (2018) The impact of uncertainty shocks in Spain: SVAR approach with sign restrictions. . Cañada Blanch Centre for Contemporary Spanish Studies, LSE, London, UK.

Alves, Felipe, Kaplan, Greg, Moll, Ben ORCID: 0009-0003-6067-359X and Violente, Gianluca (2020) A further look at the propagation of monetary policy shocks in HANK. Journal of Money, Credit and Banking, 52 (S2). 521 - 559. ISSN 0022-2879

Amior, Michael and Halket, Jonathan (2014) Do households use home-ownership to insure themselves? Evidence across U.S. cities. Quantitative Economics, 5 (3). pp. 631-674. ISSN 1759-7323

Arezki, Rabah, Djankov, Simeon ORCID: 0000-0002-0822-6456, Nguyen, Ha and Yotzov, Ivan (2020) Reversal of fortune for political incumbents after oil shocks. Financial Markets Group Discussion Papers (805). Financial Markets Group, The London School of Economics and Political Science, London, UK.

B

Barr, Nicholas ORCID: 0000-0002-5325-2055 (2021) Pension design and the failed economics of squirrels. LSE Public Policy Review, 2 (1). ISSN 2633-4046

Bernard, Andrew B., Jensen, J. Bradford, Redding, Stephen J. and Schott, Peter K. (2016) Global firms. CEP Discussion Paper (1420). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Bertolotti, Fabio, Gavazza, Alessandro ORCID: 0000-0001-9236-5813 and Lanteri, Andrea (2023) Dynamics of expenditures on durable goods: the role of new-product quality. Economic Journal, 133 (652). 1641 - 1656. ISSN 0013-0133

Besley, Timothy ORCID: 0000-0002-8923-6372, Meads, Neil and Surico, Paolo (2008) Household external finance and consumption. Discussion Papers (6934). Centre for Economic Policy Research (Great Britain), London, UK. (Submitted)

Best, Michael Carlos, Cloyne, James, Ilzetzki, Ethan ORCID: 0000-0002-7573-9411 and Kleven, Henrik Jacobsen (2020) Estimating the elasticity of intertemporal substitution using mortgage notches. Review of Economic Studies, 87 (2). 656 - 690. ISSN 0034-6527

Blake, David (2003) Financial system requirements for successful pension reform. Financial Markets Group Discussion Papers (463). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Blake, David (2002) The impact of wealth on consumption and retirement behaviour in the UK. Financial Markets Group Discussion Papers (429). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Borusyak, Kirill, Jaravel, Xavier ORCID: 0000-0001-9228-2137 and Spiess, Jann (2024) Revisiting event-study designs: robust and efficient estimation. Review of Economic Studies. ISSN 0034-6527

Brunnermeier, Markus K. and Parker, Jonathan A. (2002) Optimal expectations. Financial Markets Group Discussion Papers (434). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Bryzgalova, Svetlana, Huang, Jiantao and Julliard, Christian ORCID: 0000-0001-8177-7441 (2024) Consumption in asset returns. Journal of Finance. ISSN 0022-1082 (In Press)

Bryzgalova, Svetlana and Julliard, Christian ORCID: 0000-0001-8177-7441 (2020) Consumption in asset returns. Systemic Risk Centre Discussion Papers (92). Systemic Risk Centre, The London School of Economics and Political Science, London, UK.

Buch, Claudia M., DeLong, Gayle and Neugebauer, Katja (2007) International banking and the allocation of risk. IAW-Diskussionspapiere (32). InstItut für Angewandte WIrtschaftsforschung, Tübingen, Germany.

C

Cairns, Andrew J. G., Blake, David and Dowd, Kevin (2004) Stochastic lifestyling: optimal dynamic asset allocation for defined contribution pension plans. Financial Markets Group Discussion Papers (443). Financial Markets Group, The London School of Economics and Political Science, London, UK. (Submitted)

Callen, Mike ORCID: 0000-0002-8408-1404, Imbs, Jean and Mauro, Paolo (2015) Pooling risk among countries. Journal of International Economics, 96 (1). pp. 88-99. ISSN 0022-1996

Carlin, Wendy and Soskice, David (2005) The 3-equation new Keynesian model - a graphical exposition. Contributions to Macroeconomics, 5 (1, Art). pp. 1-38. ISSN 1935-1690

Cerina, Fabio, Moro, Alessio and Petersen Rendall, Michelle (2017) The role of gender in employment polarization. CFM discussion paper series (CFM-DP2017-04). Centre For Macroeconomics, London, UK.

Chen, Xiaohong, Favilukis, Jack and Ludvigson, Sydney C. (2007) An estimation of economic models with recursive preferences. Financial Markets Group Discussion Papers (603). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Chen, Xiaohong, Favilukis, Jack and Ludvigson, Sydney C. (2013) An estimation of economic models with recursive preferences. Quantitative Economics, 4 (1). pp. 39-83. ISSN 1759-7323

Choukhmane, Taha, Coeurdacier, Nicolas and Jin, Keyu ORCID: 0000-0002-0139-799X (2023) The one-child policy and household saving. Journal of the European Economic Association, 21 (3). 987 - 1032. ISSN 1542-4766

Cocco, Joao F. and Lopes, Paula ORCID: 0009-0009-7391-7788 (2019) Aging in place, housing maintenance and reverse mortgages. Review of Economic Studies. ISSN 0034-6527

Coeurdacier, Nicolas, Guibaud, Stéphane and Jin, Keyu ORCID: 0000-0002-0139-799X (2014) Fertility policies and social security reforms in China. IMF Economic Review, 62 (3). pp. 371-408. ISSN 2041-4161

Corsetti, Giancarlo, Duarte, Joao B. and Mann, Samuel (2018) One money, many markets: a factor model approach to monetary policy in the Euro Area with high-frequency identification. CFM Discussion Paper Series (CFM-DP2018-05). Centre For Macroeconomics, London, UK.

Cui, Wei and Sterk, Vincent (2018) Quantitative easing. CFM Discussion Paper Series (CFM-DP2018-30). Centre For Macroeconomics, London, UK.

D

De Nardi, Mariacristina, Fella, Giulio and Paz-Pardo, Gonzalo (2018) Nonlinear household earnings dynamics, self-insurance, and welfare. CFM Discussion Paper Series (CFM-DP2018-17). Centre For Macroeconomics, London School of Economics and Political Science, London, UK.

De Neve, Jan-Emmanuel, Diener, Ed, Tay, Louis and Xuereb, Cody (2013) The objective benefits of subjective well-being. CEP Discussion Papers (CEPDP1236). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Den Haan, Wouter J. ORCID: 0000-0001-6214-8156 and De Wind, Joris (2012) Nonlinear and stable perturbation-based approximations. Journal of Economic Dynamics and Control, 36 (10). pp. 1477-1497. ISSN 0165-1889

Dietrich, Diemo and Gehrig, Thomas (2021) Speculative and precautionary demand for liquidity in competitive banking markets. Systemic Risk Centre Discussion Papers (110). Systemic Risk Centre, The London School of Economics and Political Science, London, UK.

F

Faia, Ester, Ottaviano, Gianmarco Ireo Paolo and Spinella, Saverio (2023) Robot adoption, worker-firm sorting and wage inequality: evidence from administrative panel data. CEP Discussion Papers (CEPDP1902). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Fankhauser, Samuel ORCID: 0000-0003-2100-7888 and Sjtol, Richard (2005) On climate change and economic growth. Resources and Energy Economics, 27 (1). pp. 1-17. ISSN 0928-7655

Farboodi, Maryam and Kondor, Peter ORCID: 0000-0001-9797-9291 (2022) Heterogeneous global booms and busts. American Economic Review, 112 (7). 2178 - 2212. ISSN 0002-8282

Favilukis, Jack (2007) Inequality, stock market participation, and the equity premium. Financial Markets Group Discussion Papers (602). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Favilukis, Jack (2013) Inequality, stock market participation, and the equity premium. Journal of Financial Economics, 107 (3). pp. 740-759. ISSN 0304-405X

Favilukis, Jack, Ludvigson, Sydney C. and Van Nieuwerburgh, Stijn (2012) Foreign ownership of U.S. safe assets: good or bad? Finance working papers (FIN-11-057). Leonard N. Stern School of Business, New York University, New York, USA.

Favilukis, Jack, Ludvigson, Sydney C. and Van Nieuwerburgh, Stijn (2012) The macroeconomic effects of housing wealth, housing finance, and limited risk-sharing in general equilibrium. Finance working papers (FIN-11-054). Leonard N. Stern School of Business, New York University, New York, USA.

G

Gandelman, Néstor (2016) A comparison of saving rates: microdata evidence from seventeen Latin American and Caribbean countries. Economía, 16 (2). 201 - 258. ISSN 1529-7470

Gavazza, Alessandro ORCID: 0000-0001-9236-5813 and Lanteri, Andrea (2021) Credit shocks and equilibrium dynamics in consumer durable goods markets. Review of Economic Studies, 88 (6). 2935 - 2969. ISSN 0034-6527

Gerba, Eddie and Schelkle, Waltraud ORCID: 0000-0003-4127-107X (2014) Household finance and the welfare state: a case study of the United States, 1980-­2010. . London School of Economics and Political Science, London, UK.

Giavazzi, Francesco and McMahon, Michael (2008) Policy uncertainty and precautionary savings. CEPDP (863). London School of Economics and Political Science. Centre for Economic Performance, London, UK. ISBN 9780853282594

Giavazzi, Francesco and Mcmahon, Michael (2012) The household effects of government spending. CEP Discussion Papers (CEPDP1120). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Gilroy, Paul (2010) Darker than blue on the moral economies of black Atlantic culture. The W. E. B. Du Bois Lectures. The Belknap Press of Harvard University Press, London, UK. ISBN 9780674035706

Gomes, Francisco and Michaelides, Alexander (2003) Aggregate implications of defined benefit and defined contribution systems. Financial Markets Group Discussion Papers (469). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Gomes, Francisco and Michaelides, Alexander (2005) Asset pricing with limited risk sharing and heterogeneous agents. Financial Markets Group Discussion Papers (537). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Gomes, Francisco and Michaelides, Alexander (2003) Portfolio choice with internal habit formation: a life-cycle model with uninsurable labour income risk. . Centre for Economic Policy Research (Great Britain), London, UK.

Gomes, Francisco, Michaelides, Alexander and Polkovnichenko, Valery (2009) Optimal savings with taxable and tax-deferred accounts. Review of Economic Dynamics, 12 (4). pp. 718-735. ISSN 1094-2025

Gomes, Francisco J. and Michaelides, Alexander (2003) Portfolio choice with internal habit formation : a life-cycle model with uninsurable labor income risk. Review of Economic Dynamics, 6 (4). pp. 729-766. ISSN 1094-2025

González, Libertad and Özcan, Berkay ORCID: 0000-0003-2255-9406 (2008) The risk of divorce and household saving behavior. Discussion Paper Series (3726). Institute for the Study of Labor (IZA), Bonn, Germany.

Grant, Charles, Koulovatianos, Christos, Michaelides, Alexander and Padula, Mario (2008) Evidence on the insurance effect of marginal income taxes. . Centre for Economic Policy Research (Great Britain), London, UK.

Gârleanu, Nicolae, Kogan, Leonid and Panageas, Stavros (2012) Displacement risk and asset returns. Journal of Financial Economics, 105 (3). pp. 491-510. ISSN 0304-405X

H

Herrendorf, Berthold, Rogerson, Richard and Valentinyi, Ákos (2013) Two perspectives on preferences and structural transformation. American Economic Review, 103 (7). pp. 2752-2789. ISSN 0002-8282

I

Inkmann, Joachim, Lopes, Paula ORCID: 0009-0009-7391-7788 and Michaelides, Alexander (2007) How deep is the annuity market participation puzzle? Financial Markets Group Discussion Papers (593). Financial Markets Group, The London School of Economics and Political Science, London, UK.

J

Johnes, Geraint (2018) More ice cream, less sticky toffee pudding: the subtle effect of the weather on the UK economy. British Politics and Policy at LSE (30 Jul 2018). Website.

Julliard, Christian ORCID: 0000-0001-8177-7441 (2007) Labor income risk and asset returns. . Christian Julliard, London, UK.

Julliard, Christian ORCID: 0000-0001-8177-7441 (2005) Labor income risk and asset returns. In: Econometric Society 2005 World Congress, 2005-08-19 - 2005-08-24, London, United Kingdom, GBR. (Submitted)

Julliard, Christian ORCID: 0000-0001-8177-7441 (2005) Labor income risk and asset returns. In: European Economic Association 20th Annual Congress, 2005-08-24 - 2005-08-27, Amsterdam, Netherlands, NLD. (Submitted)

K

Kaplan, Greg, Moll, Benjamin ORCID: 0009-0003-6067-359X and Violante, Giovanni L. (2018) Monetary policy according to HANK. American Economic Review, 108 (3). 697 - 743. ISSN 0002-8282

Karagiannaki, Eleni ORCID: 0000-0003-3648-9242 (2023) The scale and drivers of ethnic wealth gaps across the wealth distribution in the UK: evidence from Understanding Society. International Inequalities Institute Working Papers, 97. International Inequalities Institute, London School of Economics and Political Science.

Kolsrud, Jonas, Landais, Camille ORCID: 0000-0002-9534-680X, Reck, Daniel ORCID: 0000-0002-5732-4706 and Spinnewijn, Johannes ORCID: 0000-0002-7963-5847 (2024) Retirement consumption and pension design. American Economic Review, 114 (1). 89 - 133. ISSN 0002-8282

Kovacs, Agnes, Rostom, May and Bunn, Philip (2018) Consumption response to aggregate shocks and the role of leverage. CFM Discussion Paper Series (CFM-DP2018-20). Centre For Macroeconomics, London School of Economics and Political Science, London, UK.

L

Levy, Matthew ORCID: 0000-0002-2508-826X and Tasoff, Joshua (2016) Exponential-growth bias and lifecycle consumption. Journal of the European Economic Association, 14 (3). 545 - 583. ISSN 1542-4766

Lopes, Paula ORCID: 0009-0009-7391-7788 (2003) Are annuities value for money?: who can afford them? Discussion paper: UBS Pensions Series 019 (473). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Lopes, Paula ORCID: 0009-0009-7391-7788 (2008) Credit card debt and default over the life cycle. Journal of Money, Credit and Banking, 40 (4). pp. 769-790. ISSN 0022-2879

Lopes, Paula ORCID: 0009-0009-7391-7788 (2003) Credit card debt and default over the life-cycle. Financial Markets Group Discussion Papers (470). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Lopes, Paula ORCID: 0009-0009-7391-7788 and Michaelides, Alexander (2007) Rare events and annuity market participation. Finance Research Letters, 4 (2). pp. 82-91. ISSN 1544-6123

Lopes, Paula ORCID: 0009-0009-7391-7788 and Michaelides, Alexander (2005) Rare events and annuity market participation. Financial Markets Group Discussion Papers (553). Financial Markets Group, The London School of Economics and Political Science, London, UK.

Ludvigson, Sydney C. and Michaelides, Alexander (2001) Does buffer stock saving explain the smoothness and excess sensitivity of consumption? American Economic Review, 91 (3). pp. 631-647. ISSN 0002-8282

Luetticke, Ralph (2018) Transmission of monetary policy with heterogeneity in household portfolios. CFM Discussion Paper Series (CFM-DP2018-19). Centre For Macroeconomics, London School of Economics and Political Science, London, UK.

Lustig, Nora (2000) Crises and the poor: socially responsible macroeconomics. Economía, 1 (1). 1 - 19. ISSN 1529-7470

M

Martin, Ian W. R. ORCID: 0000-0001-8373-5317 (2008) Disasters and the welfare cost of uncertainty. American Economic Review, 98 (2). pp. 74-78. ISSN 0002-8282

Maxted, Peter, Laibson, David and Moll, Ben ORCID: 0009-0003-6067-359X (2024) Present bias amplifies the household balance-sheet channels of macroeconomic policy. Quarterly Journal of Economics. ISSN 0033-5533 (In Press)

Michaelides, Alexander (2001) Portfolio choice, liquidity constraints and stock market mean reversion. . Centre for Economic Policy Research (Great Britain), London, UK.

Michaelides, Alexander (2003) A reconciliation of two alternative approaches towards buffer stock saving. Economics Letters, 79 (1). pp. 137-143. ISSN 0165-1765

Michaillat, Pascal and Saez, Emmanuel (2013) A model of aggregate demand and unemployment. CEP Discussion Papers (CEPDP1235). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Moll, Benjamin ORCID: 0009-0003-6067-359X (2014) Productivity losses from financial frictions: can self-financing undo capital misallocation? American Economic Review, 104 (10). 3186 - 3221. ISSN 0002-8282

Muñoz, Sònia (2004) Real effects of regional house prices: dynamic panel estimation with heterogeneity. Financial Markets Group Discussion Papers (493). Financial Markets Group, The London School of Economics and Political Science, London, UK.

O

Obermeier, Tim (2023) Individual welfare analysis: a tale of consumption, time use and preference heterogeneity. CEP Discussion Papers (CEPDP1954). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

Ortu, F., Tamoni, Andrea and Tebaldi, C. (2013) Long-run risk and the persistence of consumption shocks. Review of Financial Studies, 26 (11). pp. 2876-2915. ISSN 0893-9454

P

Paravisini, Daniel ORCID: 0009-0006-8803-8442, Rappoport, Veronica ORCID: 0009-0007-3665-4304 and Ravina, Enrichetta (2010) Risk aversion and wealth: evidence from person-to-person lending portfolios. NBER working paper (16063). National Bureau of Economic Research, Massachusetts, USA.

Paravisini, Daniel ORCID: 0009-0006-8803-8442, Rappoport, Veronica ORCID: 0009-0007-3665-4304 and Ravina, Enrichetta (2017) Risk aversion and wealth: evidence from person-to-person lending portfolios. Management Science, 63 (2). pp. 279-297. ISSN 0025-1909

Parker, Jonathan A. and Julliard, Christian ORCID: 0000-0001-8177-7441 (2003) Consumption risk and cross-sectional returns. . National Bureau of Economic Research, Cambridge, MA., USA.

Perets, Gadi S. and Yashiv, Eran (2015) The fundamental nature of HARA utility. CFM discussion paper series (CFM-DP2015-22). Centre For Macroeconomics, London, UK.

Petrongolo, Barbara and Pissarides, Christopher ORCID: 0000-0002-0695-058X (2000) Looking into the black box: a survey of the matching function. . Centre for Economic Policy Research (Great Britain), London, UK.

Pissarides, Christopher ORCID: 0000-0002-0695-058X (2002) Consumption and savings with unemployment risk: implications for optimal employment contracts. CEP discussion paper; CEPDP0542 (0542). London School of Economics and Political Science. Centre for Economic Performance, London, UK. ISBN 0-75-301563-3

Pissarides, Christopher ORCID: 0000-0002-0695-058X (1978) Liquidity considerations in the theory of consumption. Quarterly Journal of Economics, 92 (2). pp. 279-296. ISSN 0033-5533

R

Ravn, Morten O. and Sterk, Vincent (2015) Job uncertainty and deep recessions. CFM discussion paper series (CFM-DP2015-01). Centre For Macroeconomics, London, UK.

Ravn, Morten O. and Sterk, Vincent (2016) Macroeconomic fluctuations with HANK & SAM: an analytical approach. CFM discussion paper series (CFM-DP2016-33). Centre For Macroeconomics, London, UK.

S

Sheedy, Kevin D. ORCID: 0000-0002-0247-6323 (2013) Debt and incomplete financial markets: a case for nominal GDP targeting. CEP Discussion Papers (CEPDP1209). London School of Economics and Political Science. Centre for Economic Performance, London, UK.

T

Tenreyro, Silvana ORCID: 0000-0002-9816-7452 and Thwaites, Gregory (2016) Pushing on a string: US monetary policy is less powerful in recessions. American Economic Journal: Macroeconomics, 8 (4). pp. 43-74. ISSN 1945-7707

V

Ventura, Luigi and Ventura, Maria (2021) Migration, diversity and regional risk sharing. Applied Economics, 53 (44). 5090 - 5102. ISSN 0003-6846