Publications & Papers

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Macroeconomics

Expenditure on Durable Goods: A Case for Slow Adjustment

The Quarterly Journal of Economics 422(3), 727-744
Ricardo Caballero
January 1990

Comment on Paper by Davis and Haltiwanger

Chapter in Macroeconomics Annual, Olivier Jean Blanchard and Stanley Fischer, eds., MIT Press
Robert M. Townsend
January 1990
Journal of Public Economics
Development Economics, International Economics, Macroeconomics, Public Economics

Fiscal Stabilization and Exchange Rate Instability: A Theoretical Approach and Some Policy Conclusions using Mexican Data

Journal of Public Economics 42, 329-356
Andrew Feltenstein and Stephen Morris
January 1990
Public Economics, Financial Economics

Japanese and U.S. Cross-Border Common Stock Investments

Journal of Japanese and International Economies 4 (1990): 476-493
Kenneth French and James Poterba
January 1990
Macroeconomics

Consumption Puzzles and Precautionary Savings

Journal of Monetary Economics 25(1), 113-136
Ricardo Caballero
January 1990
Journal of Political Economy

Currency and Credit in a Private Information Economy

Journal of Political Economy 97(6): 1323-1345
Robert M. Townsend
December 1989
Macroeconomics

The Effect of Real Exchange Rate Uncertainty on Exports: Empirical Evidence

WorldBank Economic Review 3(2), 263-278
Ricardo Caballero, V. Corbo
May 1989
Industrial Organization

The Effects of Economic Regulation

In Handbook of Industrial Organization, Vol. 2, 1449-1506
Paul L. Joskow, Nancy L. Rose
January 1989
Public Economics, Financial Economics

Venture Capital and Capital Gains Taxation

Tax Policy and the Economy 3 (1989): 47-67
James Poterba
January 1989
Public Economics, Financial Economics

Tax Reform and the Market for Tax-Exempt Debt

Regional Science and Urban Economics 19.3 (1989): 537-562
James Poterba
January 1989
Public Economics, Financial Economics

Lifetime Incidence and the Distributional Burden of Excise Taxes

American Economic Review 79.2 (1989): 325-330
James Poterba
January 1989
Public Economics, Financial Economics

Are Consumers Forward Looking? Evidence from Fiscal Experiments

American Economic Review 78.2 (1988): 413-418
James Poterba
May 1988
The Economic Journal

Models as Economies

The Economic Journal 98(390): 1-24, the Frank Paish Lecture
Robert M. Townsend
March 1988
Public Economics, Financial Economics

Mean Reversion in Stock Prices: Evidence and Implications

Journal of Financial Economics 22.1 (1988): 27-59
James Poterba and Lawrence Summers
March 1988
Public Economics, Financial Economics

What moves stock prices?

No. w2538. National Bureau of Economic Research
David M. Cutler, James M. Poterba, and Lawrence Summers
March 1988
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Information Constrained Insurance: the Revelation Principle Extended

Journal of Monetary Economics 21(2/3): 411-450
Robert M. Townsend
March 1988
Industrial Organization

An Economic Assessment of Surface Freight Transportation Deregulation

In Economic Deregulation: Promise and Performance, Proceedings of the 1987 Donald S. MacNaughton Symposium, 149-172
Nancy L. Rose
January 1988
American Economic Review

Economic Organization with Limited Communication

American Economic Review 77(5): 954-970
Robert M. Townsend
December 1987