当精英 meritocracy 失效:大学扩招与代际固化的兴起
When Meritocracy Fails: College Expansion and the Rise of Intergenerational Persistence
Research Discovery
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When Meritocracy Fails: College Expansion and the Rise of Intergenerational Persistence
Would a larger population increase long-run incomes?
Learning Monetary Policy Strategies at the Effective Lower Bound with Sudden Surprises
Changes in the Fertility of Highly Skilled Women: Accounting for Heterogeneity in Preferences for Children
Estimating Aggregate Human Capital Externalities
Subjective Survival Expectations and Annuitisation Decisions
Equilibrium Yield Curves and the Interest Rate Lower Bound
Health, Gender Division of Labor, and Productivity
A DSGE Model of Downside Risk
Haircut, interest rate, and collateral quality in the tri-party repo market: Evidence and theory
Household Income Inequality and Optimal Trend Inflation
On the elasticity of substitution between labor and ICT and IP capital and traditional capital
Pricing-to-market in business cycle models
Returns to experience and the elasticity of labor supply
Unconventional monetary policies and inequality
Optimal Combination of Patent Instruments in a Cumulative-Innovation Growth Model
Means-Tested Transfers in the U.S.: Facts and Parametric Estimates
An irrelevance theorem for risk aversion and time-varying risk
Medical innovation and health disparities
Adverse selection and small business finances
A Tractable Income Process for Business Cycle Analysis
Mortgage securitization and information frictions in general equilibrium
Bargaining with renegotiation in models with on-the-job search
Who buys high and sells low: Trading against expected returns and wealth inequality