Working Papers

Macroeconomics

Importing Aggregate Demand

Chen Lian, Dmitry Mukhin, Christian Wolf
Macroeconomics

Fiscal Inaction as Monetary Support

Revise and Resubmit, Econometrica
George-Marios Angeletos, Chen Lian, Christian Wolf

Sources

Supplement
Econometrics, Macroeconomics

Local Projections or VARs? A Primer for Macroeconomists

José Luis Montiel Olea, Mikkel Plagborg-Møller, Eric Qian, Christian Wolf
Econometrics, Macroeconomics

Evaluating Monetary Policy Counterfactuals: (When) Do We Need Structural Models?

Tomás Caravello, Alisdair McKay, Christian Wolf

Sources

Supplement
Econometrics

Double Robustness of Local Projections and Some Unpleasant VARithmetic

Forthcoming, Econometrica
José Luis Montiel Olea, Mikkel Plagborg-Møller, Eric Qian, Christian Wolf
Macroeconomics

Optimal Policy Rules in HANK

Forthcoming, The Review of Economic Studies
Alisdair McKay, Christian Wolf

Demand Composition and the Strength of Recoveries

Revise and resubmit, The Review of Economic Studies
Martin Beraja, Christian K. Wolf


February 2022
Macroeconomics

Aggregation in Heterogeneous-Firm Models: Theory and Measurement

Yann Koby, Christian Wolf