Publications & Papers

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Macroeconomics

Monetary Policy and Asset Price Overshooting: A Rationale for the Wall/Main Street Disconnect

Journal of Finance, forthcoming
Ricardo Caballero, Alp Simsek
March 2024

Public Ownership and Anti-Preemption

Juliano Assuncao, Sergey Mityakov, Robert M. Townsend
March 2024
International Economics

Globalization and the Ladder of Development: Pushed to the Top or Held at the Bottom?

Arnaud Costinot, D. Atkin, M. Fukui
March 2024
Labor Economics, Macroeconomics

Capital and Wages

Daron Acemoglu
February 2024
Labor Economics, Macroeconomics

Automation and Polarization

Daron Acemoglu, Jonas Loebbing
February 2024

Doubly Robust Inference in Causal Latent Factor Models

Alberto Abadie with Anish Agarwal, Raaz Dwivedi, and Abhin Shah
February 2024
Econometrics, Macroeconomics

Evaluating Policy Counterfactuals: A "VAR-Plus" Approach

Tomás Caravello, Alisdair McKay, Christian Wolf
February 2024
Econometrics

Inference on Winners

Quarterly Journal of Economics 2024; 139(1): 305–358
Isaiah Andrews, Toru Kitagawa, Adam McCloskey
February 2024
Macroeconomics

Can Deficits Finance Themselves?

Revise and resubmit, Econometrica
George-Marios Angeletos, Chen Lian, Christian Wolf
January 2024
Labor Economics, Political Economy

The Making of Social Democracy: The Economic and Electoral Consequences of Norway’s 1936 Folk School Reform

forthcoming, Journal of European Economic Association
Daron Acemoglu, Tuomas Pekkarinen, Kjell G. Salvanes, Matti Sarvimäki
January 2024

Sources

Supplement
Econometrics

Local Projections vs. VARs: Lessons From Thousands of DGPs

Accepted, Journal of Econometrics
Dake Li, Mikkel Plagborg-Møller, Christian Wolf
January 2024
Industrial Organization, Labor Economics, Political Economy

Help for the Heartland: The Employment and Electoral Effects of the Trump Tariffs in the United States

David Autor, Anne Beck, David Dorn and Gordon Hanson
January 2024
Macroeconomics

Central Banks, Stock Markets, and the Real Economy

Annual Review of Financial Economics, forthcoming
Ricardo J. Caballero and Alp Simsek
January 2024
Labor Economics

Employment and Community: Socioeconomic Cooperation and Its Breakdown

Daron Acemoglu and Alexander Wolitzky
January 2024

Sources

Slides
Econometrics

Weak Identification with Many Instruments

Forthcoming, Econometrics Journal
Anna Mikusheva and Liyang Sun
January 2024
Development Economics

Propagation and Insurance in Village Networks

American Economic Review
Cynthia Kinnan, Krislert Samphantharak. Robert M. Townsend, Diego Vera-Cossio
January 2024

Zero Settlement Risk Token Systems

Michael Junho Lee, Antoine Martin, and Robert M. Townsend
January 2024