Search Results - "Ellison, Martin"
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Joint Employer Liability in the Franchise Context: One Year After Patterson v. Domino's
Published in Franchise law journal (01-01-2016)“…Historically, the common law agency principle of control served as the guidepost for a finding of joint employer liability: franchisors that exercised…”
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Comments on Keynesian economics without the Phillips curve by R.E.A. Farmer and G. Nicolo
Published in Journal of economic dynamics & control (01-04-2018)Get full text
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A rational inattention unemployment trap
Published in Journal of economic dynamics & control (01-10-2021)“…We show that introducing rational inattention into a model with uninsurable unemployment risk can generate multiple steady states, when the model with full…”
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Managing the UK National Debt 1694–2018
Published in American economic journal. Macroeconomics (01-07-2020)“…We examine UK debt management using a new monthly dataset on the quantity and market price of every individual bond issued by the government since 1694. Our…”
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Beauty Contests and the Term Structure
Published in Journal of the European Economic Association (01-08-2021)“…Abstract A novel decomposition highlights the scope for information to influence the term structure of interest rates. Based on the law of total covariance, we…”
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Optimal monetary policy when lump-sum taxes are unavailable: A reconsideration of the outcomes under commitment and discretion
Published in Journal of economic dynamics & control (2007)“…We re-examine optimal monetary policy when lump-sum taxes are unavailable. Under commitment, we show that, with alternative utility functions to that…”
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Escaping Volatile Inflation
Published in Journal of money, credit and banking (01-06-2007)“…Why has inflation been so stable in developed economies since the early 1990s? In this paper, we answer that the United States and other countries may have…”
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Unconventional government debt purchases as a supplement to conventional monetary policy
Published in Journal of economic dynamics & control (01-06-2014)“…In response to the Great Financial Crisis, the Federal Reserve, the Bank of England and many other central banks have adopted unconventional monetary policy…”
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Health-Care Access of Women Medicaid Recipients: Evidence of Disability-Based Disparities
Published in Journal of disability policy studies (01-09-2007)“…Little is known about the health care received by women with disabilities, who comprise a substantial subset of the population. This article describes the…”
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The great mortgaging: housing finance, crises and business cycles
Published in Economic policy (01-01-2016)“…This paper unveils a new resource for macroeconomic research: a long-run dataset covering disaggregated bank credit for 17 advanced economies since 1870. The…”
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International Gains to Achieving Healthy Longevity
Published in Cold Spring Harbor perspectives in medicine (01-02-2023)“…Utilizing economic tools, we evaluate the gains from improving the relationship between biological and chronological age in dollar terms. We show that the…”
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Evaluating asset-market effects of unconventional monetary policy: a multi-country review
Published in Economic policy (01-10-2014)“…This paper examines the effects of unconventional monetary policy by the Federal Reserve, Bank of England, European Central Bank and Bank of Japan on bond…”
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The economic value of targeting aging
Published in Nature aging (01-07-2021)“…Developments in life expectancy and the growing emphasis on biological and 'healthy' aging raise a number of important questions for health scientists and…”
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Learning and price volatility in duopoly models of resource depletion
Published in Journal of monetary economics (01-10-2013)“…The combination of learning and depletion in non-renewable resource markets adds significant volatility to commodity prices. The market consists of a small…”
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The economic impact of recession announcements
Published in Journal of monetary economics (01-05-2021)“…•News media announce recessions based on an arbitrary definition that the economy is in recession after two consecutive quarters of negative GDP…”
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Learning by Disinflating
Published in Journal of money, credit and banking (01-06-2013)“…Disinflationary episodes are a valuable source of information for economic agents trying to learn about the economy. In this paper, we are particularly…”
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A DEFENSE OF THE FOMC
Published in International economic review (Philadelphia) (01-11-2012)“…We defend the forecasting performance of the Federal Reserve Open Market Committee (FOMC) against the criticism of Christina and David Romer (2008, American…”
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The learning cost of interest rate reversals
Published in Journal of monetary economics (01-11-2006)“…Many central banks in many time periods have sought to avoid interest rate reversals, but at present there is no good explanation of this phenomenon. Our…”
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The confidence effects of fiscal consolidations
Published in Economic policy (01-07-2015)“…We explore how fiscal consolidations affect private sector confidence, a possible channel for the transmission of fiscal policy that has received particular…”
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The Great Inflation and the Greenbook
Published in Journal of monetary economics (01-09-2009)“…Can the story of evolving Federal Reserve beliefs in The Conquest of American Inflation simultaneously explain the Great Inflation and the forecasts published…”
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