Per Krusell's Papers and Publications
Published Papers (Work in progress is below):
- 2000. "Tax Policy with Quasi-Geometric Discounting" (joint with Burhanettin Kuruscu and Anthony Smith).
Forthcoming in the International Economic Journal. Postscript
version or PDF version available.
- 1999. "On the Size of Government: Political Economy in the Neoclassical Growth
Model" (joint with José-Víctor Ríos-Rull). American Economic
Review , December
1999.
- 1999. "Capital-Skill Complementarity and Inequality" (joint with Lee Ohanian, José-Víctor Ríos-Rull
, and Giovanni Violante). Forthcoming in Econometrica. Postscript Version
- 1999. "On the Welfare Effects of Eliminating Business Cycles" (joint with Anthony
Smith). Review of Economic Dynamics, 2:1, 245-272. PDF Version
- 1998. "The Role of Investment-Specific Technological Change in the Business Cycle"
(joint with Jeremy Greenwood and Zvi Hercowitz). European Economic Review . PDF Version
- 1998. "Investment-Specific R&D and the Decline in the Relative Price of Capital".
Journal of Economic Growth, 3:2, 131-141.
- 1998. "Income and Wealth Heterogeneity in the Macroeconomy" (joint with Anthony
Smith). Journal of Political Economy , 106:5, 867-896 (lead article). PDF Version
- 1997. "Politico-Economic Equilibrium and Economic Growth" (joint with Vincenzo
Quadrini and José-Víctor Ríos-Rull). Journal of Economic Dynamics and Control ,
21:1, 243-272. PDF Version
- 1997. "Long-Run Implications of Investment-Specific Technological Change" (joint
with Jeremy Greenwood and Zvi Hercowitz). American Economic Review , 87:3, 342-
362.
- 1997. "Income and Wealth Heterogeneity, Portfolio Choice, and Equilibrium Asset
Returns" (joint with Anthony Smith). Macroeconomic Dynamics, 1:2.
- Main body of
paper (Postscript file)
- Figure 1
(binary file; prints like a Postscript file)
- Figure 2
(binary file; prints like a Postscript file)
- Figure 3
(binary file; prints like a Postscript file)
- Figure 4
(binary file; prints like a Postscript file)
- 1996. "Are Consumption Taxes Really Better Than Income Taxes?" (joint with
Vincenzo Quadrini and José-Víctor Ríos-Rull). Journal of Monetary Economics 37:3,
475-504. PDF Version
- 1996. "Can Technology Improvements Cause Productivity Slowdowns?" (joint with
Andreas Hornstein). NBER Macroeconomics Annual 11, 209-259.
- 1996. "Vested Interests in a Positive Theory of Stagnation and Growth" (joint with
José-Víctor Ríos-Rull). Review of Economic Studies 63, 301-331.
- 1996. "Rules of Thumb in Macroeconomic Equilibrium: A Quantitative Analysis"
(joint with Anthony Smith). Journal of Economic Dynamics and Control 20:4, 527-558
(lead article). PDF Version
- 1993. "Money and Insurance in a Turnpike Environment" (joint with Andreas
Hornstein). Economic Theory 3, 19-34.
Work in Progress and Computer Codes:
- "Consumption and Savings Decisions with Quasi-Geometric Discounting"
(co-authored with Anthony A. Smith, Jr.):
With the exception of the material on asset pricing, the papers
listed below supersede this paper.
- "Consumption and Savings Decisions with Quasi-Geometric
Discounting" (co-authored with Anthony A. Smith, Jr.):
- "Equilibrium Welfare and Government Policy with
Quasi-Geometric Discounting" (co-authored with Burhanettin Kuruscu and
Anthony A. Smith, Jr.):
-
"Asset Pricing with Quasi-Geometric Discounting" (joint with Burhanettin Kuruscu
and Anthony Smith).
- Fortran
code for computing equilibrium of stochastic-beta economy in
"Income and Wealth Heterogeneity in the Macroeconomy"
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Department of Economics, Harkness Hall, University of Rochester,
Rochester, NY 14627, USA. (585) 275-5252
Rev. 7/25/2000
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