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Articles

Here are some articles and papers written by faculty members on topics of current interest: 

Taxes and Pensions
Peter A. Diamond
November 21, 2008

Normalcy is Just a Few Policy Steps Away
Ricardo J. Caballero
December 17, 2008

The Base for Direct Taxation
James Banks and Peter Diamond
March 2008

 

Tax Expenditures for Owner-Occupied Housing: Deductions for Property Taxes and Mortgage Interest and the Exclusion of Imputed Rental Income

James Poterba (MIT), and Todd Sinai (University of Pennsylvania Wharton School)
March 2008

Covering the Uninsured in the U.S.
Jonathan Gruber
January 2008

 

Musical Chairs
by Ricardo Caballero and Arvind Krishnamurthy
August 2007

Consumer Benefits from Increased Competition in Shopping Outlets: Measuring the Effect of Wal-Mart
by Jerry Hausman (MIT) and Ephraim Leibtag (U.S. Department of Agriculture)

CPI Bias from Supercenters: Does the BLS Know that Wal-Mart Exists?
by Jerry Hausman (MIT) and Ephraim Leibtag (U.S. Department of Agriculture)

The Economics of Pensions
by Peter Diamond (MIT) and Nicholas Barr (London School of Economics)

The Public Pension Reform Debate in the U.S. and International Experience
by Peter Diamond (MIT)

The Massachusetts Health Care Revolution: A Local Start for Universal Access
by Jonathan Gruber (MIT)

The Growth in the Social Security Disability Rolls: A Fiscal Crisis Unfolding
by David Autor (MIT) and Mark Duggan (University of Maryland)

Why Has CEO Pay Increased So Much?
by Xavier Gabaix (MIT) and Augustin Landier (New York University)

Defined Contribution Plans, Defined Benefit Plans, and the Accumulation of Retirement Wealth
by James Poterba (MIT), Joshua Rauh (University of Chicago), Steven Venti (Dartmouth College), and David Wise (Harvard University Kennedy School of Government)

Lifecycle Asset Allocation Strategies and the Distribution of 401(k) Retirement Wealth
by James Poterba (MIT), Joshua Rauh (University of Chicago), Steven Venti (Dartmouth College), and David Wise (Harvard University Kennedy School of Government)

Internet Retail Demand: Taxes, Geography, and Online-Offline Competition
by Glenn Ellsion (MIT) and Sara Ellison (MIT)

Making Aid Work: How to Fight Global Poverty---Effectively
by Abhijit Banerjee (MIT)

The Paradox of Indian Growth: A Comment on Kochar et al
by Abhijit Banerjee (MIT)

The Economic Impacts of Climate Change: Evidence from Agricultural Output and Random Fluctuations in Weather
by Michael Greenstone (MIT) and Olivier Deschenes (UC Santa Barbara)

Mandated Disclosure, Stock Returns, and the 1964 Securities Act
by Michael Greenstone (MIT), Paul Oyer (Stanford Graduate School of Business), and Annette Vissing-Jorgensen (Northwestern University Kellogg School of Management)

Does Hazardous Waste Matter? Evidence from the Housing Market and the Superfund Program
by Michael Greenstone (MIT) and Justin Gallagher (UC Berkeley)

Air Quality, Infant Mortality, and the Clean Air Act of 1970
by Michael Greenstone (MIT) and Kenneth Chay (UC Berkeley)

Does Air Quality Matter? Evidence from the Housing Market
by Michael Greenstone (MIT) and Kenneth Chay (UC Berkeley)

The Impact of Air Pollution on Infant Mortality: Evidence from Geographic Variation in Pollution Shocks Induced by a Recession
by Michael Greenstone (MIT) and Kenneth Chay (UC Berkeley)

Trading Up: An Embryonic Model for Easing the Human Costs of Free Markets
by Michael Piore (MIT) and Andrew Schrank (University of New Mexico)

Markets for Power in the United States: An Interim Assessment
by Paul Joskow (MIT)

Regulation of the Electricity Market: Incentive Regulation for Electricity Networks
by Paul Joskow (MIT)

Past Housing Cycles and the Current Housing Boom: What�s Different This Time?
by William Wheaton (MIT) and Gleb Nechayev (Torto Wheaton Research)

Estimating the Effects of Global Patent Protection in Pharmaceuticals: A Case Study of Quinolones in India
by Panle Jia (MIT), Shubham Chaudhuri (The World Bank), Pinelopi Goldberg (Yale University)

On the Macroeconomics of Asset Shortages
by Ricardo Caballero (MIT)

Price Stickiness in Ss Models: Basic Properties
by Ricardo Caballero (MIT)

An Equilibrium Model of Global Imbalances and Low Interest Rates
by Ricardo Caballero (MIT), Emmanuel Farhi (MIT), and Pierre-Olivier Gourinchas (UC Berkeley)

Creative Destruction
by Ricardo Caballero (MIT)

Flight to Quality and Collective Risk Management
by Ricardo Caballero (MIT), and Arvind Krishnamurthy (Northwestern University)

Zombie Lending and Depressed Restructuring in Japan
by Ricardo Caballero (MIT), Takeo Hoshi (UC San Diego), and Anil Kashyap (University of Chicago Graduate School of Business)

Hedging Sudden Stops and Precautionary Contractions
by Ricardo Caballero (MIT), and Stavros Panageas (University of Pennsylvania)

Fear of Sudden Stops: Lessons from Australia and Chile
by Ricardo Caballero (MIT), Kevin Cowan (Central Bank of Chile), and Jonathan Kearns (Reserve Bank of Australia)

A Quantitative Model of Sudden Stops and External Liquidity Management
by Ricardo Caballero (MIT), and Stavros Panageas (University of Pennsylvania)

Speculative Growth: Hints from the U.S. Economy
by Ricardo Caballero (MIT), Emmanuel Farhi (MIT), Mohamad Hammour (Delta and CEPR)

Effective Labor Regulation and Microeconomic Flexibility
by Ricardo Caballero (MIT), Kevin Cowan (Inter-American Development Bank), Eduardo Engel (Yale University), and Alejandro Micco (Inter-American Development Bank)

Contingent Reserves Management: An Applied Framework
by Ricardo Caballero (MIT), and Stavros Panageas (University of Pennsylvania)

Microeconomic Flexibility in Latin America
by Ricardo Caballero (MIT), Eduardo Engle (Yale University), and Alejandro Micco (Inter-American Development Bank)

The Cost of Recessions Revisited: A Reverse-Liquidationist View
by Ricardo Caballero (MIT), and Mohamad Hammour (Delta and CEPR)

Inflation Targeting and Sudden Stops
by Ricardo Caballero (MIT), and Arvind Krishnamurthy (Northwestern University)

Coping with Chile's External Vulnerability: A Financial Problem
by Ricardo Caballero (MIT)

The Wrong Call: The Euro is no match for the Dollar
by Ricardo Caballero (MIT)