Archives for CORE

The SoFiE Financial Econometrics Schools are annual week-long research-based courses for Ph.D. students and new faculty in financial econometrics. The Brussels SoFiE Summer School will be held at the National Bank of Belgium on June 26-30, 2017. For more information and regsitration, please...

Inference in Structural Vector Autoregressions When the Identifying Assumptions are Not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations Christiane BAUMEISTER, University of Notre Dame, USA We demonstrate that formal Bayesian analysis of structural vector...

Why Wait? A Century of Education, Marriage Timing and Gender Roles Murat Iyigun, University of Colorado, Boulder We document that, over the 20th century, age at first marriage followed a U-shaped pattern, while the gender education gap tracked an inverted-U path in the United States. To...

Monetary Policy According to HANK Benjamin MOLL, Princeton University (Joint with Greg Kaplan and Giovanni L. Violante) We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically...