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Research/Working Papers

Working Papers

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Urban and Spatial Economics

Slavery and the British Industrial Revolution

Stephan HeblichStephen J. ReddingHans-Joachim Voth
Macroeconomics

Micro Risks and Pareto Improving Policies

Mark A. Aguiar Manuel AmadorCristina Arellano
Urban and Spatial Economics

The Economics of Cities: From Theory to Data

Stephen J. Redding
Finance

Who Can Tell Which Banks Will Fail?

Kristian BlickleMarkus BrunnermeierStephan Luck

Self-Fulfilling Debt Crises, Revisited

Mark A. AguiarSatyajit ChatterjeeHarold ColeZachary Stangebye
Finance

Falling Rates and Rising Superstars

Thomas KroenErnest LiuAtif MianAmir Sufi
International Trade

Supply Chain Resilience: Should Policy Promote Diversification or Reshoring?

Gene M. GrossmanElhanan HelpmanHugo Lhuillier
Monetary Economics

Interactions between Monetary and Fiscal Policy: Yesterday, Today, and Tomorrow

Alan S. Blinder

Dynamical Structure and Spectral Properties of Input-Output Networks

Ernest LiuAleh Tsyvinski
Macroeconomics

The Elusive Explanation for the Declining Labor Share

Gene M. GrossmanEzra Oberfield
Monetary Economics

Debt as Safe Asset

Markus BrunnermeierSebastian MerkelYuliy Sannikov
Urban and Spatial Economics

Dynamic Spatial General Equilibrium

Benny KleinmanErnest LiuStephen J. Redding

Dividend Taxes and the Allocation of Capital

Charles BoisselAdrien Matray
Urban and Spatial Economics

Suburbanization in the United States 1970-2010

Stephen J. Redding
International Trade

Trade, Structural Transformation and Development: Evidence from Argentina 1869-1914

Pablo FajgelbaumStephen J. Redding
Monetary Economics

Credit Horizons

Nobuhiro KiyotakiJohn MooreShengxing Zhang

Consumption Access and Agglomeration: Evidence from Smartphone Data

Kentaro NakajimaYuhei MiyauchiStephen J. Redding

Who Are the Hand-to-Mouth?

Mark A. AguiarMark BilsCorina Boar
Political Economy

Electoral Competition with Fake News

Gene M. GrossmanElhanan Helpman
Macroeconomics

Endogenous Education and Long-Run Factor Shares

Gene M. GrossmanElhanan HelpmanEzra OberfieldThomas Sampson