Project group C02: Discussion papers
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The Distribution of Household Debt in the United States, 1950-20221
634/2025, A03, C02, Alina Bartscher, Moritz Kuhn, Moritz Schularick, Ulrike Steins
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Markups and Marginal Costs Over the Firm Life: Implications for the Optimal Inflation Target2
626/2025, C02, Klaus Adam, Tobias Renkin, Gabriel Züllig
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Overconfidence in Private Information Explains Biases in Professional Forecasts3
617/2025, C02, Klaus Adam, Pei Kuang, Shihan Xi
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The International Monetary Transmission Mechanism4
608/2024, C02, Santiago Camara, Lawrence Christiano, Husnu Dalgic
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The Optimal Inflation Target5
572/2024, C02, Klaus Adam, Henning Weber
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Active or Passive? Revisiting the Role of Fiscal Policy During High Inflation6
565/2024, C02, Stephanie Ettmeier, Alexander Kriwoluzky
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Asset Price Changes, External Wealth and Global Welfare7
534/2024, C02, Timothy Meyer
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Unemployment Risk, Portfolio Choice, and the Racial Wealth Gap8
508/2024, A03, C02, Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn, Moritz Schularick
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Changes in the Distribution of Black and White Wealth Since the US Civil War9
507/2024, A03, C02, Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn, Moritz Schularick. Published in Journal of Economic Perspectives 37 (2023), 71-90
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No Taxation without Reallocation: The Distributional Effects of Tax Changes10
436/2023, C02, Stephanie Ettmeier
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Evaluating the Financial Instability Hypothesis: A Positive and Normative Analysis of Leveraged Risk-Taking and Extrapolative Expectations11
431/2023, C02, Antoine Camous, Alejandro Van der Ghote. First version: May 2023
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Inflation Distorts Relative Prices: Theory and Evidence12
406/2023, C02, Klaus Adam, Andrey Alexandrov, Henning Weber. First version: April 2023
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Fiscal Progressivity and the Time Consistency of Monetary Policy13
387/2023, C02, Antoine Camous
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Wealth of Two Nations: The U.S. Racial Wealth Gap, 1860-202014
368/2022, A03, C02, Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn, Moritz Schularick. Published in Quarterly Journal of Economics 139 (2024), 693-750
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Corporate Debt Maturity Matters for Monetary Policy15
360/2022, C02, C05, Joachim Jungherr, Matthias Meier, Timo Reinelt, Immo Schott
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Modeling Bank Panics: Challenges16
343/2022, C02, Lawrence Christiano, Husnu Dalgic, Xiaoming Li. Published in Economica 89 (2022), 200-238
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Expectations Data in Asset Pricing17
337/2022, C02, Klaus Adam, Stefan Nagel
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A Behavioral Heterogeneous Agent New Keynesian Model18
334/2022, C02, Oliver Pfäuti, Fabian Seyrich
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The Case for a Positive Euro Area Inflation Target: Evidence from France, Germany and Italy19
317/2021, C02, Klaus Adam, Erwan Gautier, Sergio Santoro, Henning Weber. Published in Journal of Monetary Economics 132 (2022), 140-153
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Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?20
306/2021, C02, Lawrence Christiano, Husnu Dalgic, Armen Nurbekyan
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Monetary Policy Challenges from Falling Natural Interest Rates21
240/2020, C02, Klaus Adam
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COVID-19 Supply Chain Disruptions22
239/2020, C02, Matthias Meier, Eugenio Pinto
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Falling Natural Rates, Rising Housing Volatility and the Optimal Inflation Target23
235/2020, C02, Klaus Adam, Oliver Pfäuti, Timo Reinelt
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The Effects of Trend Inflation on Aggregate Dynamics and Monetary Stabilization24
216/2020, C02, Andrey Alexandrov
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Monetary Policy, Markup Dispersion, and Aggregate TFP25
161/2020, C02, C05, Matthias Meier, Timo Reinelt. Published in Review of Economics and Statistics 106 (2024), 1012–1027
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Supply Chain Disruptions, Time to Build, and the Business Cycle26
160/2020, C02, Matthias Meier
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Falling Behind: Has Rising Inequality Fueled the American Debt Boom?27
159/2020, A04, C02, Moritz Drechsel-Grau, Fabian Greimel. First version: March 2020
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Robustly Optimal Monetary Policy in a New Keynesian Model with Housing28
154/2020, C02, Klaus Adam, Michael Woodford
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Estimating the Optimal Inflation Target from Trends in Relative Prices29
144/2020, C02, Klaus Adam, Henning Weber. Published as "Optimal Trend Inflation" in American Economic Review, 109(2): 702-737, 2019
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The Emergence of Procyclical Fertility: The Role of Gender Differences in Employment Risk30
142/2020, A03, C02, Sena Coskun, Husnu C. Dalgic. First version: January 2020. Published in Journal of Monetary Economics 142 (2024), 103523
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Stock Price Cycles and Business Cycles31
105/2019, C02, Klaus Adam, Sebastian Merkel
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Do Plants Freeze Upon Uncertainty Shocks?32
075/2019, C02, Ariel Mecikovsky, Matthias Meier
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Financial Dollarization in Emerging Markets: An Insurance Arrangement33
051/2018, C02, Husnu C. Dalgic
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Leaning Against Housing Prices as Robustly Optimal Monetary Policy34
016/2018, C02, Klaus Adam, Michael Woodford
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Optimal Trend Inflation35
010/2018, C02, Klaus Adam, Henning Weber. Published in American Economic Review 109 (2), 702-737
Links
- https://www.crctr224.de/research/discussion-papers/archive/dp634
- https://www.crctr224.de/research/discussion-papers/archive/dp626
- https://www.crctr224.de/research/discussion-papers/archive/dp617
- https://www.crctr224.de/research/discussion-papers/archive/dp608
- https://www.crctr224.de/research/discussion-papers/archive/dp572
- https://www.crctr224.de/research/discussion-papers/archive/dp565
- https://www.crctr224.de/research/discussion-papers/archive/dp534
- https://www.crctr224.de/research/discussion-papers/archive/dp508
- https://www.crctr224.de/research/discussion-papers/archive/dp507
- https://www.crctr224.de/research/discussion-papers/archive/dp436
- https://www.crctr224.de/research/discussion-papers/archive/dp431
- https://www.crctr224.de/research/discussion-papers/archive/dp406
- https://www.crctr224.de/research/discussion-papers/archive/dp387
- https://www.crctr224.de/research/discussion-papers/archive/dp368
- https://www.crctr224.de/research/discussion-papers/archive/dp360
- https://www.crctr224.de/research/discussion-papers/archive/dp343
- https://www.crctr224.de/research/discussion-papers/archive/dp337
- https://www.crctr224.de/research/discussion-papers/archive/dp334
- https://www.crctr224.de/research/discussion-papers/archive/dp317
- https://www.crctr224.de/research/discussion-papers/archive/dp306
- https://www.crctr224.de/research/discussion-papers/archive/dp240
- https://www.crctr224.de/research/discussion-papers/archive/dp239
- https://www.crctr224.de/research/discussion-papers/archive/dp235
- https://www.crctr224.de/research/discussion-papers/archive/dp216
- https://www.crctr224.de/research/discussion-papers/archive/dp161
- https://www.crctr224.de/research/discussion-papers/archive/dp160
- https://www.crctr224.de/research/discussion-papers/archive/dp159
- https://www.crctr224.de/research/discussion-papers/archive/dp154
- https://www.crctr224.de/research/discussion-papers/archive/dp144
- https://www.crctr224.de/research/discussion-papers/archive/dp142
- https://www.crctr224.de/research/discussion-papers/archive/dp105
- https://www.crctr224.de/research/discussion-papers/archive/dp075
- https://www.crctr224.de/research/discussion-papers/archive/dp051
- https://www.crctr224.de/research/discussion-papers/archive/dp016
- https://www.crctr224.de/research/discussion-papers/archive/dp010