Jesús Fernández-Villaverde

University of Pennsylvania - Department of Economics

Professor

3718 Locust Walk

160 McNeil Building

Philadelphia, PA 19104

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

76

DOWNLOADS
Rank 5,156

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Top 5,156

in Total Papers Downloads

10,586

SSRN CITATIONS
Rank 311

SSRN RANKINGS

Top 311

in Total Papers Citations

1,465

CROSSREF CITATIONS

1,305

Scholarly Papers (76)

1.

Was Malthus Right? Economic Growth and Population Dynamics

Number of pages: 45 Posted: 16 Dec 2001
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 1,134 (24,088)
Citation 48

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The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences

PIER Working Paper No. 10-011
Number of pages: 50 Posted: 15 Mar 2010 Last Revised: 15 Sep 2013
University of Pennsylvania - The Wharton School, University of Pennsylvania - Department of Economics, University of Chicago - Booth School of Business and Federal Reserve Bank of Atlanta - Research Department
Downloads 1,069 (25,853)
Citation 12

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The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences

Number of pages: 49 Posted: 12 Apr 2010 Last Revised: 03 Jun 2021
University of Pennsylvania - The Wharton School, University of Pennsylvania - Department of Economics, University of Chicago - Booth School of Business and Federal Reserve Bank of Atlanta - Research Department
Downloads 53 (480,613)

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The Term Structure of Interest Rates in a DSGE Model with Recursive Preferences

Number of pages: 51 Posted: 19 May 2010
University of Pennsylvania - Department of Economics, University of Chicago - Booth School of Business, Federal Reserve Bank of Atlanta - Research Department and University of Pennsylvania - The Wharton School
Downloads 4 (804,699)
Citation 9
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DSGE models, Epstein-Zin Preferences, Likelihood Estimation

From Shame to Game in One Hundred Years: An Economic Model of the Rise in Premarital Sex and its De-Stigmatization

Journal of the European Economic Association, Forthcoming, Economie d’Avant Garde Research Report No. 16
Number of pages: 57 Posted: 11 Dec 2008 Last Revised: 07 Mar 2013
Jesús Fernández-Villaverde, Jeremy Greenwood and Nezih Guner
University of Pennsylvania - Department of Economics, University of Pennsylvania - Department of Economics and Universidad Carlos III de Madrid
Downloads 481 (75,299)

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Add Health, contraception, culture, peer group effects, premarital sex, shame, socialization, stigma, technological progress

From Shame to Game in One Hundred Years: An Economic Model of the Rise in Premarital Sex and its De-Stigmatization

Number of pages: 50 Posted: 01 Feb 2010
Jesús Fernández-Villaverde, Jeremy Greenwood and Nezih Guner
University of Pennsylvania - Department of Economics, University of Pennsylvania - Department of Economics and Universidad Carlos III de Madrid
Downloads 33 (579,900)
Citation 2

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children, church and state, contraception, culture, parents, premarital sex, out-of-wedlock births, socialization, stigmatization, technological progress

From Shame to Game in One Hundred Years: An Economic Model of the Rise in Premarital Sex and its De-Stigmatization

Number of pages: 59 Posted: 25 Jan 2010 Last Revised: 03 Nov 2021
Jesús Fernández-Villaverde, Jeremy Greenwood and Nezih Guner
University of Pennsylvania - Department of Economics, University of Pennsylvania - Department of Economics and ICREA-MOVE
Downloads 15 (710,700)

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Central Bank Digital Currency: When Price and Bank Stability Collide

Number of pages: 48 Posted: 15 Jun 2020 Last Revised: 23 Nov 2021
Linda Schilling, Jesús Fernández-Villaverde and Harald Uhlig
Washington University in Saint Louis, John M. Olin Business School, University of Pennsylvania - Department of Economics and University of Chicago - Department of Economics
Downloads 431 (85,879)
Citation 2

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Central banking, bank runs, intermediation

Central Bank Digital Currency: When Price and Bank Stability Collide

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-180
Number of pages: 47 Posted: 17 Dec 2020
Linda Schilling, Jesús Fernández-Villaverde and Harald Uhlig
Washington University in Saint Louis, John M. Olin Business School, University of Pennsylvania - Department of Economics and University of Chicago - Department of Economics
Downloads 46 (511,646)

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central bank digital currency, monetary policy, bank runs, financial inter- mediation, inflation targeting, CBDC trilemma

Central Bank Digital Currency: When Price and Bank Stability Collide

Number of pages: 48 Posted: 28 Dec 2020
Linda Schilling, Jesús Fernández-Villaverde and Harald Uhlig
Washington University in Saint Louis, John M. Olin Business School, University of Pennsylvania - Department of Economics and University of Chicago - Department of Economics
Downloads 44 (521,121)

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Central Bank Digital Currency: When Price and Bank Stability Collide

Number of pages: 47 Posted: 21 Dec 2020 Last Revised: 18 Nov 2021
Linda Schilling, Jesús Fernández-Villaverde and Harald Uhlig
Washington University in Saint Louis, John M. Olin Business School, University of Pennsylvania - Department of Economics and University of Chicago - Department of Economics
Downloads 7 (779,249)
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Central Bank Digital Currency: When Price and Bank Stability Collide

Number of pages: 49 Posted: 23 Dec 2020
Jesús Fernández-Villaverde, Linda Schilling and Harald Uhlig
University of Pennsylvania - Department of Economics, Washington University in Saint Louis, John M. Olin Business School and University of Chicago - Department of Economics
Downloads 0
Citation 2
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5.

Can We Really Observe Hyperbolic Discounting?

Number of pages: 24 Posted: 17 Apr 2002
Jesús Fernández-Villaverde and Arijit Mukherji
University of Pennsylvania - Department of Economics and Deceased
Downloads 459 (80,450)
Citation 17

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6.
Downloads 389 ( 97,528)
Citation 47

The Econometrics of DSGE Models

PIER Working Paper No. 09-008
Number of pages: 58 Posted: 19 Feb 2009
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 287 (135,419)
Citation 2

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DSGE Models, Likelihood Estimation, Bayesian Methods

The Econometrics of DSGE Models

Number of pages: 58 Posted: 25 Jan 2009 Last Revised: 09 Aug 2021
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 99 (338,077)

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The Econometrics of DSGE Models

Number of pages: 59 Posted: 18 Feb 2009
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 3 (813,623)
Citation 15
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Bayesian Methods, DSGE Models, Likelihood Estimation

7.

On the Economics of Digital Currencies

Number of pages: 43 Posted: 07 Feb 2018 Last Revised: 29 Apr 2020
Jesús Fernández-Villaverde and Daniel R. Sanches
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 352 (109,170)
Citation 1

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Currency competition, cryptocurrencies, monetary policy

8.

A, B, C's (and D'S) for Understanding Vars

Number of pages: 49 Posted: 04 May 2005
Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Thomas J. Sargent
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and New York University (NYU) - Department of Economics, Leonard N. Stern School of Business
Downloads 335 (115,436)
Citation 57

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VARs , Invertibility, Estimation of Dynamic Equilibrium Models, economic shocks, innovations

9.

Consumption Over the Life Cycle: Some Facts from Consumer Expenditure Survey Data

PIER Working Paper No. 02-044
Number of pages: 60 Posted: 02 Dec 2002
Jesús Fernández-Villaverde and Dirk Krueger
University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 322 (120,466)
Citation 13

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Consumption, Life Cycle Profiles, Durables, Nonparametric Estimation, Bootstrap, Partially Linear Models

10.
Downloads 297 (131,335)
Citation 14

Central Bank Digital Currency: Central Banking For All?

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2020-04
Number of pages: 36 Posted: 27 Jan 2020 Last Revised: 28 Dec 2020
Jesús Fernández-Villaverde, Daniel R. Sanches, Linda Schilling and Harald Uhlig
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Washington University in Saint Louis, John M. Olin Business School and University of Chicago - Department of Economics
Downloads 281 (138,366)
Citation 2

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central bank digital currency, central banking, intermediation, maturity transformation, bank runs, lender of last resort

Central Bank Digital Currency: Central Banking for All?

Number of pages: 34 Posted: 18 Feb 2020 Last Revised: 19 Nov 2021
Jesús Fernández-Villaverde, Daniel R. Sanches, Linda Schilling and Harald Uhlig
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Washington University in Saint Louis, John M. Olin Business School and University of Chicago - Department of Economics
Downloads 15 (710,700)

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Central Bank Digital Currency: Central Banking for All?

Number of pages: 36 Posted: 29 Jan 2020
Jesús Fernández-Villaverde, Daniel R. Sanches, Linda Schilling and Harald Uhlig
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Washington University in Saint Louis, John M. Olin Business School and University of Chicago - Department of Economics
Downloads 1 (837,651)
Citation 12
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bank runs, Central bank digital currency, central banking, intermediation, lender of last resort, maturity transformation

Some Results on the Solution of the Neoclassical Growth Model

FRB of Atlanta Working Paper No. 2003-34
Number of pages: 26 Posted: 25 Jan 2004
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 139 (264,198)
Citation 1

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Dynamic equilibrium economies, computational methods, changes of variables, linear and nonlinear solution methods

Some Results on the Solution of the Neoclassical Growth Model

Number of pages: 27 Posted: 12 Jan 2004
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 125 (286,783)
Citation 1

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Dynamic Equilibrium Economies, Computational Methods, Changes

12.
Downloads 250 (156,591)
Citation 21

Can Currency Competition Work?

PIER Working Paper No. 16-008
Number of pages: 44 Posted: 09 Apr 2016
Jesús Fernández-Villaverde and Daniel R. Sanches
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 225 (172,924)

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Private money, currency competition, cryptocurrencies, monetary policy

Can Currency Competition Work?

Number of pages: 44 Posted: 11 Apr 2016 Last Revised: 18 Jul 2021
Jesús Fernández-Villaverde and Daniel R. Sanches
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 24 (640,012)

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Can Currency Competition Work?

Number of pages: 46 Posted: 18 Apr 2016
Jesús Fernández-Villaverde and Daniel R. Sanches
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 1 (837,651)
Citation 22
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cryptocurrencies, currency competition, Monetary policy, Private money

Comparing Solution Methods for Dynamic Equilibrium Economies

FRB of Atlanta Working Paper No. 2003-27
Number of pages: 39 Posted: 17 Feb 2004
S. Borağan Aruoba, Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Maryland - Department of Economics, University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 124 (290,213)
Citation 87

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Dynamic equilibrium economies, computational methods, linear and nonlinear solution methods

Comparing Solution Methods for Dynamic Equilibrium Economies

Number of pages: 76 Posted: 12 Jan 2004
S. Borağan Aruoba, Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Maryland - Department of Economics, University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 117 (300,867)

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Dynamic Equilibrium Economies, Computational Methods, Linear and Nonlinear Solution Methods

Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors

Economic Research Initiatives at Duke Working Paper No. 86
Number of pages: 17 Posted: 15 Dec 2010
University of California, Santa Cruz, University of Pennsylvania - Department of Economics, Duke University and Federal Reserve Bank of Atlanta - Research Department
Downloads 202 (191,568)
Citation 10

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CUDA, Dynamic Programming, Parallelization, Growth Model, Business Cycles

Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models with Graphics Processors

Number of pages: 13 Posted: 19 Apr 2010 Last Revised: 21 Jun 2021
University of California, Santa Cruz, University of Pennsylvania - Department of Economics, Duke University and Federal Reserve Bank of Atlanta - Research Department
Downloads 34 (574,004)

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15.
Downloads 220 (177,065)
Citation 49

Solution and Estimation Methods for DSGE Models

Handbook of Macroeconomics, Volume 2, Forthcoming, PIER Working Paper No. 15-042
Number of pages: 245 Posted: 08 Jan 2016
Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Frank Schorfheide
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and University of Pennsylvania - Department of Economics
Downloads 176 (216,725)
Citation 1

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approximation error analysis, Bayesian inference, DSGE model, frequentist inference, GMM estimation, impulse response function matching, likelihood-based inference, Metropolis-Hastings algorithm, minimum distance estimation, particle filter, perturbation methods, projection methods, sequential Monte

Solution and Estimation Methods for DSGE Models

Number of pages: 244 Posted: 12 Jan 2016 Last Revised: 28 Mar 2021
Jesús Fernández-Villaverde, Juan Rubio Ramírez and Frank Schorfheide
University of Pennsylvania - Department of Economics, Emory University and University of Pennsylvania - Department of Economics
Downloads 44 (521,121)
Citation 27

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Solution and Estimation Methods for DSGE Models

Number of pages: 245 Posted: 12 Jan 2016
Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Frank Schorfheide
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and University of Pennsylvania - Department of Economics
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approximation error analysis, Bayesian inference, DSGE model, frequentist inference, GMM estimation, impulse response function matching, likelihood-based inference, Metropolis-Hastings algorithm, minimum distance estimation, particle filter, perturbation methods, projection methods, sequential Monte Carlo

Estimating Nonlinear Dynamic Equilibrium Economies: A Likelihood Approach

Number of pages: 56 Posted: 12 Jan 2004
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 152 (245,681)
Citation 5

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Likelihood-Based Inference, Dynamic Equilibrium Economies, Nonlinear Filtering, Sequential Monte Carlo

Estimating Nonlinear Dynamic Equilibrium Economies: A Likelihood Approach

FRB of Atlanta Working Paper No. 2004-1
Number of pages: 56 Posted: 16 Feb 2004
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 59 (456,730)
Citation 17

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dynamic equilibrium economies, likelihood function, nonlinear solution methods

Evaluating Labor Market Reforms: A General Equilibrium Approach

Number of pages: 45 Posted: 29 Apr 2004
Cesar Alonso-Borrego, Jesús Fernández-Villaverde and Jose E. Galdon-Sanchez
Universidad Carlos III de Madrid - Department of Economics, University of Pennsylvania - Department of Economics and Universidad Publica de Navarra
Downloads 137 (267,371)

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Fixed-term contracts, Firing costs, General equilibrium, Heterogeneous agents

Evaluating Labor Market Reforms: A General Equilibrium Approach

Number of pages: 53 Posted: 14 Sep 2005 Last Revised: 24 Jun 2021
Cesar Alonso-Borrego, Jesús Fernández-Villaverde and Jose E. Galdon-Sanchez
Universidad Carlos III de Madrid - Department of Economics, University of Pennsylvania - Department of Economics and Universidad Publica de Navarra
Downloads 36 (562,611)
Citation 1

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18.
Downloads 169 (224,229)

The Fractured-Land Hypothesis

Number of pages: 63 Posted: 28 Oct 2020
Jesús Fernández-Villaverde, Mark Koyama, Youhong Lin and Tuan-Hwee Sng
University of Pennsylvania - Department of Economics, George Mason University - Department of Economics, Guangdong University of Foreign Studies - China Center for Cliometrics Studies and National University of Singapore (NUS) - Department of Economics
Downloads 162 (232,784)

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China, Europe, Great Divergence, State Capacity, Political Fragmentation, Political Centralization

The Fractured-Land Hypothesis

Number of pages: 64 Posted: 11 Sep 2020 Last Revised: 18 Nov 2021
Jesús Fernández-Villaverde, Mark Koyama, Youhong Lin and Tuan-Hwee Sng
University of Pennsylvania - Department of Economics, George Mason University - Department of Economics, Guangdong University of Foreign Studies - China Center for Cliometrics Studies and National University of Singapore (NUS) - Department of Economics
Downloads 6 (787,862)
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The Fractured-Land Hypothesis

Number of pages: 66 Posted: 12 Sep 2020
Jesús Fernández-Villaverde, Mark Koyama, Youhong Lin and Tuan-Hwee Sng
University of Pennsylvania - Department of Economics, George Mason University - Department of Economics, Guangdong University of Foreign Studies - China Center for Cliometrics Studies and National University of Singapore (NUS) - Department of Economics
Downloads 1 (837,651)
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China, Europe, Great Divergence, Political Centralization, Political Fragmentation, state capacity

19.

Magna Carta, the Rule of Law, and the Limits on Government

PIER Working Paper No. 15-035
Number of pages: 38 Posted: 19 Oct 2015 Last Revised: 21 Oct 2015
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 167 (226,529)
Citation 1

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Rule of Law, Magna Carta, Legal Theory, Limited Government

20.
Downloads 79 (233,614)
Citation 10

Safe Assets

PIER Working Paper No. 17-008
Number of pages: 37 Posted: 16 May 2017
Robert J. Barro, Jesús Fernández-Villaverde, Oren Levintal and Andrew Mollerus
Harvard University - Department of Economics, University of Pennsylvania - Department of Economics, Interdisciplinary Center (IDC) Herzliyah and Harvard University
Downloads 79 (389,601)
Citation 2

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Safe Assets, Risk Premium, Risk-Free Rate, Heterogeneous Agents

Safe Assets

Number of pages: 51 Posted: 15 May 2017
Robert J. Barro, Jesús Fernández-Villaverde, Oren Levintal and Andrew Mollerus
Harvard University - Department of Economics, University of Pennsylvania - Department of Economics, Interdisciplinary Center (IDC) Herzliyah and Harvard University
Downloads 0
Citation 4
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21.

Simple Rules for a Complex World with Artificial Intelligence

PIER Working Paper No. 20-010
Number of pages: 20 Posted: 24 Mar 2020
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 155 (241,157)
Citation 1

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Artificial intelligence, machine learning, economics, law, rule of law

22.

Comparing Dynamic Equilibrium Models to Data

Number of pages: 32 Posted: 01 Nov 2001
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 144 (256,113)
Citation 11

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Cryptocurrencies: A Crash Course in Digital Monetary Economics

PIER Working Paper No. 18-023
Number of pages: 24 Posted: 24 Sep 2018
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 141 (261,170)

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Private money, currency competition, cryptocurrencies, monetary policy

Cryptocurrencies: A Crash Course in Digital Monetary Economics

Australian Economic Review, Vol. 51, Issue 4, pp. 514-526, 2018
Number of pages: 13 Posted: 30 Nov 2018
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 1 (837,651)
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24.
Downloads 135 (269,471)
Citation 191

Risk Matters: The Real Effects of Volatility Shocks

PIER Working Paper No. 09-013
Number of pages: 56 Posted: 06 Apr 2009
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Atlanta - Research Department and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 102 (331,429)
Citation 3

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Small Open Economy, DSGE Models, Stochastic Volatility

Risk Matters: The Real Effects of Volatility Shocks

Number of pages: 55 Posted: 13 Apr 2009 Last Revised: 25 Aug 2021
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Atlanta - Research Department and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 32 (585,800)

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Risk Matters: The Real Effects of Volatility Shocks

Number of pages: 57 Posted: 19 May 2009
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Bank of Atlanta - Research Department and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 1 (837,651)
Citation 69
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DSGE Models, Small Open Economy, Stochastic Volatility

25.

Cryptocurrencies and All That: Two Ideas from Monetary Economics

PIER Working Paper No. 21-009
Number of pages: 11 Posted: 25 Feb 2021
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 127 (282,154)

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26.

Estimating Dynamic Equilibrium Economies: Linear Versus Nonlinear Likelihood

Number of pages: 37 Posted: 04 Feb 2004
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 126 (283,888)
Citation 31

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Likelihood-Based Inference, Dynamic Equilibrium Economies, Nonlinear Filtering, Kalman Filter, Sequential Monte Carlo

Estimating and Simulating a Sird Model of Covid-19 for Many Countries, States, and Cities

Number of pages: 60 Posted: 12 May 2020 Last Revised: 16 Aug 2021
Jesús Fernández-Villaverde and Charles I. Jones
University of Pennsylvania - Department of Economics and Stanford Graduate School of Business
Downloads 112 (310,494)
Citation 13

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Estimating and Simulating a Sird Model of Covid-19 for Many Countries, States, and Cities

Number of pages: 47 Posted: 08 May 2020
Jesús Fernández-Villaverde and Charles M. Jones
University of Pennsylvania - Department of Economics and Columbia University
Downloads 2 (824,303)
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COVID-19, estimation, SIRD model

Reading the Recent Monetary History of the U.S., 1959-2007

PIER Working Paper No. 10-016
Number of pages: 41 Posted: 18 Apr 2010
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 72 (411,024)

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DSGE models, Stochastic volatility, Parameter drifting, Bayesian methods

Reading the Recent Monetary History of the U.S., 1959-2007

Number of pages: 40 Posted: 26 Apr 2010 Last Revised: 12 Jul 2010
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 32 (585,800)

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Reading the Recent Monetary History of the U.S., 1959-2007

Number of pages: 42 Posted: 19 May 2010
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 3 (813,623)
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Bayesian methods, DSGE models, Parameter drifting, Stochastic volatility

29.
Downloads 105 (322,881)
Citation 1

Computing DSGE Models with Recursive Preferences

PIER Working Paper No. 09-018
Number of pages: 41 Posted: 27 May 2009
Dario Caldara, Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Wen Yao
Board of Governors of the Federal Reserve System, University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Tsinghua University - Tsinghua University School of Economics and Management
Downloads 69 (420,859)
Citation 1

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DSGE Models, Recursive Preferences, Perturbation

Computing DSGE Models with Recursive Preferences

Number of pages: 41 Posted: 03 Jun 2009 Last Revised: 24 Jul 2021
Dario Caldara, Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Wen Yao
Board of Governors of the Federal Reserve System, University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Tsinghua University - Tsinghua University School of Economics and Management
Downloads 32 (585,800)

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Computing DSGE Models with Recursive Preferences

Number of pages: 43 Posted: 15 Jul 2009
Dario Caldara, Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Wen Yao
Board of Governors of the Federal Reserve System, University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Tsinghua University - Tsinghua University School of Economics and Management
Downloads 4 (804,699)
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DSGE models, perturbation, recursive preferences

30.
Downloads 105 (322,881)
Citation 15

MEDEA: A DSGE Model for the Spanish Economy

PIER Working Paper No. 09-017
Number of pages: 72 Posted: 06 May 2009
Pablo Burriel, Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
Banco de España, University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 104 (327,088)
Citation 6

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DSGE Models, Likelihood Estimation, Bayesian Methods

MEDEA: A DSGE Model for the Spanish Economy

Number of pages: 73 Posted: 15 Jul 2009
Pablo Burriel, Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
Banco de España, University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 1 (837,651)
Citation 5
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Bayesian Methods, DSGE Models, Likelihood Estimation

Convergence Properties of the Likelihood of Computed Dynamic Models

Number of pages: 52 Posted: 03 Sep 2004
Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Manuel Santos
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Arizona State University (ASU) - Economics Department
Downloads 64 (438,164)
Citation 2

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computed dynamic models, likelihood inference, asymptotic properties

Convergence Properties of the Likelihood of Computed Dynamic Models

Number of pages: 53 Posted: 24 Jan 2007 Last Revised: 13 Nov 2021
Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Manuel Santos
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Arizona State University (ASU) - Economics Department
Downloads 29 (604,698)
Citation 5

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32.
Downloads 89 (364,073)
Citation 2

Financial Frictions and the Wealth Distribution

PIER Working Paper No. 19-015, September 2019, Jacobs Levy Equity Management Center for Quantitative Financial Research Paper
Number of pages: 64 Posted: 18 Sep 2019 Last Revised: 11 Sep 2020
Jesús Fernández-Villaverde, Samuel Hurtado and Galo Nuno
University of Pennsylvania - Department of Economics, Banco de España and Banco de España
Downloads 41 (535,895)

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heterogeneous agents; aggregate shocks; continuous-time; machine learning; neural networks; structural estimation; likelihood functions

Financial Frictions and the Wealth Distribution

Banco de Espana Working Paper No. 2013
Number of pages: 73 Posted: 02 Jun 2020
Jesús Fernández-Villaverde, Samuel Hurtado and Galo Nuno
University of Pennsylvania - Department of Economics, Banco de España and Banco de España
Downloads 39 (551,661)
Citation 1

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heterogeneous agents, wealth distribution, financial frictions, continuoustime, machine learning, neural networks, structural estimation, likelihood function

Financial Frictions and the Wealth Distribution

Number of pages: 70 Posted: 23 Sep 2019 Last Revised: 14 Nov 2021
Jesús Fernández-Villaverde, Samuel Hurtado and Galo Nuno
University of Pennsylvania - Department of Economics, Banco de España and Banco de España
Downloads 9 (770,604)

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Financial Frictions and the Wealth Distribution

Number of pages: 72 Posted: 07 Oct 2019
Jesús Fernández-Villaverde, Samuel Hurtado and Galo Nuno
University of Pennsylvania - Department of Economics, Banco de España and Banco de España
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Citation 1
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Aggregate shocks, continuous-time, Heterogeneous Agents, Machine Learning, structural estimation

33.

The Economic Consequences of Labor Market Reglations

PIER Working Paper No. 16-027
Number of pages: 21 Posted: 22 Mar 2017
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 89 (359,008)
Citation 1

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Labor market regulations, minimum wages, job creation and job destruction

34.
Downloads 86 (366,724)
Citation 53

Fiscal Volatility Shocks and Economic Activity

PIER Working Paper No. 11-022
Number of pages: 47 Posted: 12 Aug 2011
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 63 (441,821)
Citation 41

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DSGE models, Uncertainty, Fiscal Policy, Monetary Policy

Fiscal Volatility Shocks and Economic Activity

Number of pages: 47 Posted: 29 Aug 2011 Last Revised: 27 Oct 2021
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 23 (647,547)
Citation 19

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Optimal Capital Versus Labor Taxation with Innovation-Led Growth

PIER Working Paper No. 13-025
Number of pages: 45 Posted: 01 Jun 2013
Philippe Aghion, Ufuk Akcigit and Jesús Fernández-Villaverde
College de France and London School of Economics and Political Science, Fellow, University of Chicago - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 61 (449,110)

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Capital tax, labor tax, optimal taxation, innovation, R&D, growth

Optimal Capital Versus Labor Taxation with Innovation-Led Growth

Number of pages: 45 Posted: 31 May 2013 Last Revised: 27 Aug 2021
Philippe Aghion, Ufuk Akcigit and Jesús Fernández-Villaverde
College de France and London School of Economics and Political Science, Fellow, University of Chicago - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 21 (662,916)
Citation 2

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36.

A Comparison of Programming Languages in Economics

Number of pages: 20 Posted: 30 Jun 2014 Last Revised: 14 Nov 2021
S. Borağan Aruoba and Jesús Fernández-Villaverde
University of Maryland - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 81 (380,117)
Citation 1

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37.

Comparing Dynamic Equilibrium Economies to Data

FRB of Atlanta Working Paper No. 2001-23
Number of pages: 32 Posted: 06 Dec 2001
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 76 (394,270)
Citation 2

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Bayesian inference, asymptotics, cattle cycle

Institutions and Political Party Systems: The Euro Case

PIER Working Paper No. 17-014, Columbia Business School Research Paper No. 17-73
Number of pages: 28 Posted: 14 Jul 2017
Jesús Fernández-Villaverde and Tano Santos
University of Pennsylvania - Department of Economics and Columbia Business School
Downloads 64 (438,164)

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Federalism, Political Institutions, Party Systems, Euro

Institutions and Political Party Systems: The Euro Case

Number of pages: 28 Posted: 25 Jul 2017 Last Revised: 26 Jun 2021
Jesús Fernández-Villaverde and Tano Santos
University of Pennsylvania - Department of Economics and Columbia Business School
Downloads 8 (770,604)
Citation 1

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Institutions and Political Party Systems: The Euro Case

Number of pages: 30 Posted: 10 Jul 2017
Jesús Fernández-Villaverde and Tano Santos
University of Pennsylvania - Department of Economics and Columbia Business School
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euro, Federalism, Party Systems, Political Institutions

39.

The Lack of European Productivity Growth: Causes and Lessons for the U.S.

PIER Working Paper No. 18-024
Number of pages: 31 Posted: 24 Sep 2018
Jesús Fernández-Villaverde and Lee E. Ohanian
University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 68 (419,024)
Citation 1

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Productivity growth, Europe's economic performance, economic policy

40.

On the Solution of the Growth Model with Investment-Specific Technological Change

FRB of Atlanta Working Paper No. 2004-39
Number of pages: 11 Posted: 11 Feb 2005
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 68 (419,024)

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Growth model with investment-specific technological change, closed-form solution, long-run growth, business cycle fluctuations

41.

Computing DSGE Models with Recursive Preferences and Stochastic Volatility

Number of pages: 44 Posted: 01 Feb 2012
Dario Caldara, Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Wen Yao
Board of Governors of the Federal Reserve System, University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and Tsinghua University - Tsinghua University School of Economics and Management
Downloads 66 (425,691)
Citation 33

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DSGE models, recursive preferences, perturbation

42.

Tapping the Supercomputer Under Your Desk: Solving Dynamic Equilibrium Models With Graphics Processors

PIER Working Paper No. 10-014
Number of pages: 13 Posted: 12 Apr 2010
University of California, Santa Cruz, University of Pennsylvania - Department of Economics, Duke University - Fuqua School of Business, Economics Group and Federal Reserve Bank of Atlanta - Research Department
Downloads 66 (425,691)
Citation 1

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GPU computing, Dynamic Equilibrium models

Macroeconomic Outcomes and Covid-19: A Progress Report

Number of pages: 42 Posted: 27 Oct 2020 Last Revised: 19 Nov 2021
Jesús Fernández-Villaverde and Charles I. Jones
University of Pennsylvania - Department of Economics and Stanford Graduate School of Business
Downloads 63 (441,821)

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Macroeconomic Outcomes and COVID-19: A Progress Report

Number of pages: 44 Posted: 03 Nov 2020
Jesús Fernández-Villaverde and Charles M. Jones
University of Pennsylvania - Department of Economics and Columbia University
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COVID-19, Macroeconomic outcomes, Mobility Reports, Mortality

44.

Central Bank Digital Currency: Central Banking for All?

Number of pages: 34 Posted: 01 Jun 2020
Jesús Fernández-Villaverde, Daniel R. Sanches, Linda Schilling and Harald Uhlig
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, Washington University in Saint Louis, John M. Olin Business School and University of Chicago - Department of Economics
Downloads 57 (457,631)

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45.

A, B, C&Apos;S (and D)&Apos;S for Understanding Vars

Number of pages: 49 Posted: 06 Jul 2005 Last Revised: 06 Nov 2021
Jesús Fernández-Villaverde, Juan Francisco Rubio-Ramirez and Thomas J. Sargent
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta - Research Department and New York University (NYU) - Department of Economics, Leonard N. Stern School of Business
Downloads 56 (461,332)

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46.

Consumption Over the Life Cycle: Facts from Consumer Expenditure Survey Data

Number of pages: 60 Posted: 14 Dec 2002 Last Revised: 22 Aug 2021
Jesús Fernández-Villaverde and Dirk Krueger
University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 54 (468,884)
Citation 18

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Macroeconomics and Volatility: Data, Models, and Estimation

Number of pages: 46 Posted: 18 Dec 2010 Last Revised: 30 May 2021
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 49 (497,738)
Citation 5

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Macroeconomics and Volatility: Data, Models, and Estimation

Number of pages: 48 Posted: 18 Jan 2011
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 2 (824,303)
Citation 6
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Bayesian methods, DSGE models, Stochastic volatility

48.
Downloads 51 (480,885)
Citation 139

Estimating Macroeconomic Models: A Likelihood Approach

Number of pages: 55 Posted: 27 Apr 2006 Last Revised: 19 Nov 2021
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 29 (604,698)
Citation 5

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Estimating Macroeconomic Models: A Likelihood Approach

Number of pages: 56 Posted: 06 Jun 2006
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 22 (655,199)
Citation 26
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Dynamic macroeconomic models, particle filtering, nonlinear and/or non-normal models, business cycle, stochastic volatility

49.

Has Machine Learning Rendered Simple Rules Obsolete?

PIER Working Paper No. 21-008
Number of pages: 19 Posted: 25 Feb 2021
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
Downloads 47 (497,831)

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Artificial intelligence, machine learning, economics, simple rules

Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

PIER Working Paper No. 10-015
Number of pages: 73 Posted: 18 Apr 2010
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 31 (591,893)

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DSGE models, Stochastic volatility, Parameter drifting, Bayesian methods

Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

Number of pages: 72 Posted: 26 Apr 2010 Last Revised: 11 Jul 2010
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 14 (719,220)

Abstract:

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Fortune or Virtue: Time-Variant Volatilities Versus Parameter Drifting in U.S. Data

Number of pages: 74 Posted: 19 May 2010
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 2 (824,303)
Citation 1
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Bayesian methods, DSGE models, Parameter drifting, Stochastic volatility

51.

Can Currency Competition Work?

Number of pages: 44 Posted: 27 Apr 2016
Jesús Fernández-Villaverde and Daniel R. Sanches
University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 39 (534,676)

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Private money, Currency competition, Cryptocurrencies, Monetary policy

52.

The 'Matthew Effect' and Market Concentration: Search Complementarities and Monopsony Power

CAMA Working Paper No. 22/2021
Number of pages: 58 Posted: 18 Feb 2021
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
Downloads 32 (571,508)

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Market concentration, superstar firms, search complementarities, monopsony power in the labor market

53.
Downloads 32 (571,508)
Citation 1

A Practical Guide to Parallelization in Economics

Number of pages: 66 Posted: 02 May 2018 Last Revised: 12 Aug 2021
Jesús Fernández-Villaverde and David Zarruk-Valencia
University of Pennsylvania - Department of Economics and University of Pennsylvania
Downloads 32 (585,800)

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A Practical Guide to Parallelization in Economics

Number of pages: 68 Posted: 01 May 2018
Jesús Fernández-Villaverde and David Zarruk-Valencia
University of Pennsylvania - Department of Economics and University of Pennsylvania
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Citation 2
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Computational Methods, Parallel Computing, Programming Languages

Political Distribution Risk and Aggregate Fluctuations

PIER Working Paper No. 17-016
Number of pages: 110 Posted: 28 Jul 2017
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 18 (686,498)

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Political redistribution risk, bargaining shocks, aggregate fluctuations, partial fil-ter, historical narrative

Political Distribution Risk and Aggregate Fluctuations

Number of pages: 53 Posted: 07 Sep 2017
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 9 (762,019)

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Bargaining Shocks and Aggregate Fluctuations

Number of pages: 113 Posted: 11 Aug 2017 Last Revised: 13 Aug 2021
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Boston College - Department of Economics
Downloads 4 (804,699)

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Political Distribution Risk and Aggregate Fluctuations

Number of pages: 112 Posted: 04 Aug 2017
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
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Aggregate fluctuations, bargaining shocks, historical narrative., partial filter, Political redistribution risk

Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs

Number of pages: 58 Posted: 29 Mar 2021 Last Revised: 11 Sep 2021
Jonas Arias, Jesús Fernández-Villaverde, Juan Rubio Ramírez and Minchul Shin
Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics, Emory University and University of Illinois
Downloads 19 (678,610)

Abstract:

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Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs

Number of pages: 59 Posted: 05 Apr 2021
Jonas Arias, Jesús Fernández-Villaverde, Juan Rubio Ramírez and Minchul Shin
Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics, Emory University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 10 (753,358)

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Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs

Number of pages: 60 Posted: 01 Apr 2021
Jonas Arias, Jesús Fernández-Villaverde, Juan Rubio Ramírez and Minchul Shin
Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics, Emory University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 1 (837,651)
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56.

Comparing Dynamic Equilibrium Economies to Data: A Bayesian Approach

Number of pages: 51 Posted: 25 Jan 2015
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 30 (582,876)
Citation 12

Abstract:

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Bayesian inference, asymptotics, cattle cycle

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

Number of pages: 78 Posted: 04 May 2019 Last Revised: 29 Apr 2020
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
Downloads 14 (719,220)

Abstract:

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aggregate fluctuations, strategic complementarities, macroeconomic volatility, government spending

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

PIER Working Paper No. 19-016 (2019)
Number of pages: 82 Posted: 18 Sep 2019
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
Downloads 13 (727,697)

Abstract:

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aggregate fluctuations, strategic complementarities, macroeconomic volatility, government spending

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

Number of pages: 84 Posted: 07 Oct 2019
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
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Aggregate fluctuations, government spending, Macroeconomic volatility, strategic complementarities

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

Number of pages: 82 Posted: 03 Sep 2019 Last Revised: 14 Aug 2021
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
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58.
Downloads 14 (607,722)
Citation 3

Bargaining Shocks and Aggregate Fluctuations

Number of pages: 114 Posted: 06 Apr 2021
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and Boston College - Department of Economics
Downloads 14 (719,220)

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Bargaining Shocks and Aggregate Fluctuations

Number of pages: 39 Posted: 31 Mar 2021
Thorsten Drautzburg, Jesús Fernández-Villaverde and Pablo Guerron
Federal Reserve Banks - Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics and affiliation not provided to SSRN
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Exploiting Symmetry in High-Dimensional Dynamic Programming

Number of pages: 50 Posted: 01 Jul 2021
Mahdi Ebrahimi Kahou, Jesús Fernández-Villaverde, Jesse Perla and Arnav Sood
University of British Columbia (UBC), University of Pennsylvania - Department of Economics, University of British Columbia (UBC) and Carnegie Mellon University
Downloads 25 (632,551)

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Exploiting Symmetry in High-Dimensional Dynamic Programming

Number of pages: 51 Posted: 14 Jul 2021
Mahdi Ebrahimi Kahou, Jesús Fernández-Villaverde, Jesse Perla and Arnav Sood
University of British Columbia (UBC), University of Pennsylvania - Department of Economics, University of British Columbia (UBC) and Carnegie Mellon University
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60.
Downloads 24 (621,250)
Citation 50

Political Credit Cycles: The Case of the Euro Zone

Number of pages: 45 Posted: 22 Mar 2013 Last Revised: 21 Feb 2021
Jesús Fernández-Villaverde, Luis Garicano, Luis Garicano and Tano Santos
University of Pennsylvania - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School and Columbia Business School
Downloads 20 (670,663)
Citation 7

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Political Credit Cycles: The Case of the Euro Zone

Number of pages: 47 Posted: 03 Apr 2013
Jesús Fernández-Villaverde, Luis Garicano, Luis Garicano and Tano Santos
University of Pennsylvania - Department of Economics, Centre for Economic Policy Research (CEPR)IE Business School and Columbia Business School
Downloads 4 (804,699)
Citation 18
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bubbles, Euro crisis, Financial crisis, political economy

61.
Downloads 24 (621,250)
Citation 10

Supply-Side Policies and the Zero Lower Bound

Number of pages: 31 Posted: 29 Oct 2011 Last Revised: 09 Jun 2021
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 20 (670,663)

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Supply-Side Policies and the Zero Lower Bound

Number of pages: 33 Posted: 24 Nov 2011
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 4 (804,699)
Citation 4
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New Keynesian models, supply-side policies, zero lower bound

The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power

Number of pages: 58 Posted: 24 Feb 2021
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
Downloads 14 (719,220)

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The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power

Number of pages: 57 Posted: 14 May 2021
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
Downloads 8 (770,604)

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63.

How Structural are Structural Parameters?

Number of pages: 50 Posted: 23 Jun 2012 Last Revised: 24 Jun 2021
Jesús Fernández-Villaverde and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 20 (649,308)
Citation 10

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64.

Nonlinear Adventures at the Zero Lower Bound

Number of pages: 46 Posted: 12 May 2012 Last Revised: 05 Nov 2021
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Richmond, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 20 (649,308)
Citation 25

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Deciphering the Macroeconomic Effects of Internal Devaluations in a Monetary Union

Banco de Espana Working Paper No. 2016
Number of pages: 43 Posted: 08 Jun 2020
Javier Andrés, Oscar Arce, Jesús Fernández-Villaverde and Samuel Hurtado
University of Valencia - Department of Economics, Banco de España, University of Pennsylvania - Department of Economics and Banco de España
Downloads 15 (710,700)
Citation 5

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monetary union, internal devaluation, structural reforms, zero lower bound, policy sequencing

Deciphering the Macroeconomic Effects of Internal Devaluations in a Monetary Union

Number of pages: 38 Posted: 15 Jun 2020 Last Revised: 18 Nov 2021
Javier Andrés, Oscar Arce, Jesús Fernández-Villaverde and Samuel Hurtado
University of Valencia - Department of Economics, Banco de España, University of Pennsylvania - Department of Economics and Banco de España
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Deciphering the Macroeconomic Effects of Internal Devaluations in a Monetary Union

Number of pages: 40 Posted: 03 Jun 2020
Javier Andrés, Oscar Arce, Jesús Fernández-Villaverde and Samuel Hurtado
University of Valencia - Department of Economics, Banco de España, University of Pennsylvania - Department of Economics and Banco de España
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internal devaluation, monetary union, policy sequencing, Structural reforms, zero lower bound

66.

The Pruned State-Space System for Non-Linear DSGE Models: Theory and Empirical Applications

Number of pages: 65 Posted: 20 Apr 2013 Last Revised: 16 May 2021
Aarhus UniversityCREATES, Aarhus University, University of Pennsylvania - Department of Economics and Federal Reserve Bank of Atlanta - Research Department
Downloads 17 (670,873)
Citation 50

Abstract:

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Estimating Dynamic Equilibrium Models with Stochastic Volatility

Number of pages: 71 Posted: 15 Sep 2012 Last Revised: 11 Apr 2021
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 14 (719,220)

Abstract:

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Estimating Dynamic Equilibrium Models with Stochastic Volatility

Number of pages: 73 Posted: 28 Sep 2012
Jesús Fernández-Villaverde, Pablo Guerrón-Quintana and Juan Francisco Rubio-Ramirez
University of Pennsylvania - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Philadelphia and Federal Reserve Bank of Atlanta - Research Department
Downloads 2 (824,303)
Citation 16
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Bayesian methods., Dynamic equilibrium models, Parameter drifting, Stochastic volatility

Estimating DSGE Models: Recent Advances and Future Challenges

Posted: 12 Aug 2021
Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
University of Pennsylvania - Department of Economics and Boston College - Department of Economics

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Estimating DSGE Models: Recent Advances and Future Challenges

Number of pages: 35 Posted: 25 Aug 2020 Last Revised: 19 Nov 2021
Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
University of Pennsylvania - Department of Economics and Boston College - Department of Economics
Downloads 12 (736,223)
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Estimating DSGE Models: Recent Advances and Future Challenges

Number of pages: 37 Posted: 18 Aug 2020
Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
University of Pennsylvania - Department of Economics and Boston College - Department of Economics
Downloads 0
Citation 1
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Bayesian methods, DSGE models, estimation, MCMC, Variational Inference

69.
Downloads 12 (709,120)
Citation 12

Uncertainty Shocks and Business Cycle Research

Number of pages: 53 Posted: 24 Feb 2020 Last Revised: 18 Nov 2021
Jesús Fernández-Villaverde and Pablo Guerrón-Quintana
University of Pennsylvania - Department of Economics and Boston College - Department of Economics
Downloads 12 (736,223)
Citation 1
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Uncertainty Shocks and Business Cycle Research

Number of pages: 55 Posted: 03 Mar 2020
Jesús Fernández-Villaverde
University of Pennsylvania - Department of Economics
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Citation 11
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business cycles, Financial Frictions, Uncertainty shocks

70.
Downloads 10 (724,845)
Citation 12

Solution Methods for Models with Rare Disasters

Number of pages: 38 Posted: 15 Feb 2016 Last Revised: 09 Aug 2021
Jesús Fernández-Villaverde and Oren Levintal
University of Pennsylvania - Department of Economics and Interdisciplinary Center (IDC) Herzliyah
Downloads 10 (753,358)
Citation 3

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Solution Methods for Models with Rare Disasters

Number of pages: 39 Posted: 17 Feb 2016
Jesús Fernández-Villaverde and Oren Levintal
University of Pennsylvania - Department of Economics and Interdisciplinary Center (IDC) Herzliyah
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Citation 5
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DSGE models, perturbation, rare disasters, Smolyak, solution methods, Taylor projection

71.

Exploiting Symmetry in High-Dimensional Dynamic Programming

Number of pages: 49 Posted: 05 Jul 2021 Last Revised: 18 Nov 2021
Mahdi Ebrahimi Kahou, Jesús Fernández-Villaverde, Jesse Perla and Arnav Sood
University of British Columbia (UBC), University of Pennsylvania - Department of Economics, University of British Columbia (UBC) and Carnegie Mellon University
Downloads 7 (748,685)
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72.

Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs

Number of pages: 62 Posted: 14 May 2021 Last Revised: 17 May 2021
Jonas Arias, Jesús Fernández-Villaverde, Juan Rubio Ramírez and Minchul Shin
Federal Reserve Bank of Philadelphia, University of Pennsylvania - Department of Economics, Emory University and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 6 (756,662)

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73.

From Shame to Game in One Hundred Years: The Rise in Premarital Sex and its Destigmitization

Number of pages: 61 Posted: 24 Nov 2011
Jesús Fernández-Villaverde, Jeremy Greenwood and Nezih Guner
University of Pennsylvania - Department of Economics, University of Pennsylvania - Department of Economics and ICREA-MOVE
Downloads 6 (756,662)
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Add Health, children, church and state, contraception, culture, out-of-wedlock births, parents, peer- group effects, premarital sex, shame, socialization, stigmatization, technological progress

74.

Demographic Transitions Across Time and Space

Number of pages: 74 Posted: 15 Nov 2021 Last Revised: 20 Nov 2021
Matt Delventhal, Jesús Fernández-Villaverde and Nezih Guner
Claremont McKenna College, University of Pennsylvania - Department of Economics and Centre for Monetary and Financial Studies (CEMFI)
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75.

The “Matthew Effect” and Market Concentration: Search Complementarities and Monopsony Power

Number of pages: 57 Posted: 01 Mar 2021 Last Revised: 18 Nov 2021
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
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76.

The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power

Number of pages: 59 Posted: 11 Feb 2021
Jesús Fernández-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford
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