Research Papers
Publications & Working Papers by GCFP Affiliates
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Why Don’t Households Smooth Consumption? Evidence from a $25 Million Experiment
Jonathan Parker — American Economic Journal: Macroeconomics, October 2017
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The Safe Assets Shortage Conundrum
Ricardo J. Caballero, Emmanuel Farhi & Pierre-Olivier Gourinchas — Journal of Economic Perspectives, Summer 2017
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Dynamics of Housing Debt in the Recent Boom and Great Recession
Antoinette Schoar, Manuel Adelino and Felipe Severino — Working Paper, June 2017
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Macroeconomic Models for Monetary Policy: A Critical Review from a Finance Perspective
Andrew Lo, Winston Wei Dou, Ameya Muley and Harald Uhlig — Working Paper, January 2017
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The Impact of Balanced Budget Restrictions on States’ Fiscal Actions
Joseph P. Weber, Anna M. Costello and Reining Petacchi — The Accounting Review, January 2017
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Accelerator or Brake? Cash for Clunkers, Household Liquidity, and Aggregate Demand
Jonathan A. Parker, Daniel Green, Brian Melzer, and Arcenis Rojas — November 2016
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Retire on the House: The Use of Reverse Mortgages to Enhance Retirement Security
Mark J. Warshawsky & Tatevik Zohrabyan — Working Paper, July, 2016
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Credit Policy as Fiscal Policy
Deborah Lucas — Brookings Papers on Economic Activity, March 2016
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Liquidity Trap and Excessive Leverage
Anton Korinek and Alp Simsek, American Economic Review – March 2016
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