Author/Editor: Tryggvi Gudmundsson, Vladimir Klyuev, Leandro Medina, Boaz Nandwa, Dmitry Plotnikov, Francisco Schiffrer, Di Yang.

Release Date:February, 2022

This article documents recent developments in emerging markets in the context of the COVID-19 pandemic, assesses their prospects and challenges, and discusses appropriate policy settings for the more...

Author/Editor: Dmitry Plotnikov.

Release Date:January, 2020

This paper presents a structural model of crime and output. Individuals make an occupational choice between criminal and legal activities. The return to becoming a criminal is endogenously determined more...

Author/Editor: Dmitry Plotnikov.

Release Date:September, 2017

I carry out a business cycle accounting exercise (Chari, Kehoe and McGrattan, 2007) on the U.S. data measured in wage units (Farmer (2010)) for the entire postwar period. In contrast to a more...

Author/Editor: Dmitry Plotnikov.

Release Date:May, 2014

This paper develops and estimates a general equilibrium rational expectations model with search and multiple equilibria where aggregate shocks have a permanent effect on the unemployment rate. If more...