NBER WORKING PAPER SERIES IRREVERSIBILITY ...

Supply and Demand in Disaggregated Keynesian Economies with ...

NBER WORKING PAPER SERIES. SUPPLY AND DEMAND IN DISAGGREGATED KEYNESIAN ECONOMIES WITH. AN APPLICATION TO THE COVID-19 CRISIS. David Baqaee. Emmanuel Farhi.

USE IT, LOSE IT OR BANK IT Nisvan Erkal Suzanne Scotchmer Worki

NBER WORKING PAPER SERIES. SCARCITY OF IDEAS AND R&D OPTIONS: USE IT, LOSE IT ... An investment is irreversible and could turn out to be a mistake. To.

NBER WORKING PAPER SERIES INTERNATIONAL RESERVE ...

The Quarterly. Journal of Economics 98(1): 85-106. Bertola, G. and R. J. Caballero, 1994. Irreversibility and aggregate investment. The review of economic ...

NBER WORKING PAPER SERIES CAUSAL EFFECTS OF ...

We address these challenges by using the most comprehensive data available on RPS policies and renewable electricity capacity investments and generation in the ...

Verifiability and the Vanishing Intermediate Exchange Rate Regime

NBER WORKING PAPER SERIES. VERIFIABILITY AND THE VANISHING. INTERMEDIATE EXCHANGE RATE REGIME. Jeffrey Frankel. Sergio Schmukler. Luis Servén. Working Paper ...

Economic Growth with Constraints on Tax Revenues and Public Debt

NBER WORKING PAPER SERIES. ECONOMIC GROWTH WITH CONSTRAINTS ON TAX REVENUES ... In this model, investment is reversible. If private investment is ...

NEW DIRECTIONS Rudiger Dornbusch Working Paper No. 2372 ...

NBER WORKING PAPER SERIES. OPEN ECONOMY MACROECONOMICS: NEW DIRECTIONS ... xtensions of work on irreversible investment, drawing on the option ...

Fetters of Gold and Paper Barry Eichengreen and Peter Temin ...

NBER WORKING PAPER SERIES. FETTERS OF GOLD AND PAPER. Barry Eichengreen. Peter Temin. Working Paper 16202 http://www.nber.org/papers/w16202. NATIONAL BUREAU OF ...

NBER WORKING PAPER SERIES CONCENTRATION IN ...

NBER WORKING PAPER SERIES. CONCENTRATION IN ... NBER working papers are circulated for discussion ... Each entrant must pay some irreversible fixed cost fE to enter ...

Measuring the Effects of Firm Uncertainty on Economic Activity

NBER WORKING PAPER SERIES. MEASURING THE EFFECTS OF FIRM UNCERTAINTY ON ... “Irreversibility, Uncertainty, and Cyclical Investment.” The Quarterly.

The Economic Ripple Effects of COVID-19

NBER WORKING PAPER SERIES. THE ECONOMIC RIPPLE EFFECTS OF COVID-19. Francisco J. Buera. Roberto N. Fattal-Jaef. Hugo Hopenhayn. P. Andres ...

NBER working papers series - uncertainty business cycles - really ...

UNCERTAINTY BUSINESS CYCLES - REALLY? Rüdiger Bachmann. Christian Bayer. Working Paper 16862 http://www.nber.org/papers/w16862. NATIONAL BUREAU ...

The Effect of Unconventional Fiscal Policy on Consumption ...

NBER WORKING PAPER SERIES. THE EFFECT OF UNCONVENTIONAL FISCAL POLICY ON ... the tax increase, because of irreversibility, uncertainty, and storage costs.

NBER WORKING PAPER SERIES USING DIVIDE-AND-CONQUER ...

decision to settle si,t ∈ {0,1} is irreversible: if si,t = 1 then for all t/ > t, si,t0 = 1. Chassang et al. (2022) establish that the following dynamic ...

NBER WORKING PAPER SERIES THE FRAGILITY OF MARKET ...

around, especially given the irreversible nature of their investment. For contracts with minimum return guarantees, the semi-elasticity of demand to the.