Prof. Dirk Krueger, Ph.D.

 
     
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Dirk Krueger's Publications and Working Papers

(In order to download the PDF file, please click on the file name):

Title Co-Authors Last Unpublished Version Status
On the Distribution of the Welfare Losses of Large Recessions Kurt Mitman and Fabrizio Perri March 2016 forthcoming in Proceedings of Econometric Society World Congress 2015
Macroeconomics and Heterogeneity, Including Inequality Kurt Mitman and Fabrizio Perri March 2016 Published in the 2017 Handbook of Macroeconomics (Vol 2B, chapter 11)
On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrum Alexander Ludwig January 2016 Published in the Journal of Monetary Economics Vol. 77, pp. 72-98
How Does Tax Progressivity and Household Heterogeneity Affect Laffer Curves? Hans Holter and Sergei Stepanchuk January 2017 Under Revision for Quantitative Economics

Inter-generational Redistribution in the Great Recession

Andrew Glover, Jonathan Heathcote and Jose-Victor Rios Rull April 2016 Under Revision for the Journal of Political Economy
High Marginal Tax Rates on the Top 1%? Lessons from a Life Cycle Model with Idiosyncratic Income Risk Fabian Kindermann December 2016 Under Revision for AEJ: Macroeconomics
Analyzing the Effects of Insuring Health Risks: On the Tradeoff between Short Run Insurance Benefits vs. Long Run Incentive Costs Hal Cole and Soojin Kim September 2016 Revised and Resubmitted at the Review of Economic Studies
On the Welfare Costs of Consumption Fluctuations in the Presence of Memorable Goods Rong Hai and Andrew Postlewaite September 2016 Under Revision

On the Redistributive Effects of Government Bailouts in the Mortgage Market

Kurt Mitman July 2013 Under Revision
How Do Households Respond to Income Shocks Fabrizio Perri June 2011 Under Revision
Housing, Mortgage Bailout Guarantees and the Macro Economy Karsten Jeske and Kurt Mitman September 2013 Published in the Journal of Monetary Economics Vol. 60, pp. 917-935
Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation Alexander Ludwig January 2013 Published in the American Economic Review P&P, Vol. 103, pp. 496-501.

A Dynamic Model of Housing Demand: Estimation and Policy Implications

Patrick Bajari, Phoebe Chan, Dan Miller February 2012 Published in International Economic Review Vol. 54, pp. 409-442

Solving the Multi-Country Real Business Cycle Model using a Smolyak-Collocation Method

FORTRAN Program to Compute Solution

FORTRAN Program to Evaluate Solution

Felix Kubler, Benjamin Malin July 2010 Published in Journal of Economic Dynamics and Control Vol 35, pp. 229-239

Public versus Private Risk Sharing Risk Sharing

Theoretical Appendix with Extensive Proofs

Fabrizio Perri October 2010 Published in Journal of Economic Theory Vol 146, pp. 920-956
Consumption and Saving over the Life Cycle: How Important are Consumer Durables? Jesus Fernandez-Villaverde February 2010 Published in Macroeconomic Dynamics, Vol 15, pp. 725-770

When is Market Incompleteness Irrelevant for the Price of Aggregate Risk?

Separate Online Appendix

Hanno Lustig September 2009 Published in Journal of Economic Theory, Vol 145, pp. 1-41

Cross-Sectional Facts for Macroeconomists

Fabrizio Perri, Luigi Pistaferri, Gianluca Violante October 2009 Published in Review of Economic Dynamics, Vol 13(1), pp. 1-14

Inequaliy Trends for Germany in the Last Two Decades: A Tale of Two Countries

Cross-Country Inequality Project

Nicola Fuchs-Schuendeln and Mathias Sommer September 2009 Published in Review of Economic Dynamics, Vol 13(1), pp. 103-132
Taxing Capital? Not a Bad Idea After All!

Further Documentation of Some Results in the Paper

Juan Carlos Conesa, Sagiri Kitao April 2008 published in the American Economic Review, Vol. 99 (1), 25-48
Evaluating Asset Pricing Models with Limited Commitment using Household Consumption Data Hanno Lustig, Fabrizio Perri November 2007 published in the Journal of the European Economic Association, Vol. 6 (2-3), 715-726
Origins and Consequences of Child Labor Restrictions: A Macroeconomic Perspective Matthias Doepke October 2007 published in P. Rupert (ed.) Frontiers in Family Economics
Markov equilibria in macroeconomics Felix Kubler August 2006 published in The New Palgrave: A Dictionary of Economics, 2nd Edition, 2008

On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare

Alexander Ludwig August 2006 published in Journal of Monetary Economics, Vol. 54(1), pp. 49-87

Consumption over the Life Cycle: Facts from the Consumer Expenditure Survey

Technical Appendix containing further Details and Results

Jesus Fernandez-Villaverde May 2006 published in Review of Economics and Statistics, Vol. 89(3), pp. 552-565
On the Optimal Progressivity of the Income Tax Code Juan Carlos Conesa March 2005 published in Journal of Monetary Economics, Vol. 53(7), pp. 1425-1450

Competitive Risk Sharing Contracts with One-Sided Commitment

Theoretical Appendix with Extensive Proofs

Harald Uhlig February 2005 published in Journal of Monetary Economics, Vol. 53(7), pp. 1661-1691

Pareto Improving Social Security when Financial Markets are Incomplete!?

Data Appendix

Felix Kubler September 2005 published in American Economic Review, Vol. 96(3), pp. 737-755

Does Income Inequality Lead to Consumption Inequality? Evidence and Theory

Data and Documentation can be found here

Readme File for the Program

Fabrizio Perri August 2005 published in Review of Economic Studies, Vol. 73(1), pp. 163-193
Public Insurance against Idiosyncratic and Aggregate Risk: The Case of Social Security and Progressive Income Taxation None May 2006 published in CESifo Economic Studies, Vol. 52(4), 587-620.
Understanding Consumption Smoothing: Evidence from US Consumer Expenditure Data? Fabrizio Perri November 2004 published in the Journal of the European Economic Association, Vol. 3 (2-3), pp. 340-350
Skill-specific rather than General Education: A Reason for US-Europe Growth Differences? Krishna Kumar February 2004 published in Journal of Economic Growth, Vol. 9(2), pp. 167-207
Economic Inequality and the Emergence of Child Labor Laws Jessica Tjornhom February 2004 published in the International Economic Review, Vol. 46(3), pp. 785-815

US-Europe Differences in Technology-Driven Growth: Quantifying the Role of Education

Appendix with Detailed Characterization of Balanced Growth Path

Krishna Kumar July 2003 published in Journal of Monetary Economics, Vol. 51(1), pp. 161-190
On the Welfare Consequences of the Increase in Inequality in the United States Fabrizio Perri June 2003 published in the 2003 NBER Macro Annual, pp. 83-121
Computing Equilibrium in OLG Models with Stochastic Production Felix Kubler February 2003 published in Journal of Economic Dynamics and Control, Vol. 28(7), pp. 1411-1436
Intergenerational Risk Sharing via Social Security when Financial Markets are Incomplete Felix Kubler January 2002 published in American Economic Review, Vol. 92(2), pp. 407-410
Social Security with Heterogeneous Agents Juan Carlos Conesa April 1998 published in Review of Economic Dynamics, Vol. 2(4), pp. 757-795
US-Europe Growth Differences: The Role of Education None November 2004 published in Conference Volume of 32nd Annual Meeting of the Austrian National Bank
The Effects of Demographic Changes on Aggregate Savings: Some Implications from the Life Cycle Model None November 2004 published in CFS Conference Volume: Capital Markets in the Long Term: Demography, Economic Development and Funded Pension Systems
A Description of My Research in the SED Newsletter Fabrizio Perri April 2005 published in EconomicDynamics Newsletter, Volume 6, Issue 2, April 2005

 

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