Heterogeneous-agent New Keynesian (HANK) models characterize how entire cross-sectional distributions respond to structural shocks. Traditional representative-agent models are routinely disciplined by...

Contribute to cm1518/large_structural_VARs development by creating an account on GitHub.

The Department of Economics in the College of Arts & Letters at the University of Notre Dame has added 11 new economists to its faculty, including t...

(October 2025) - We measure the impact of household consumption shocks on aggregate fluctuations. These shocks affect household consumption directly, and production and prices indirectly through their...

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The updates result in a less volatile r* series that more closely reflects our prior belief as to where r* likely is.

The Department of Economics at Indiana University, Bloomington invites applications for tenured position at the rank of Associate or Full Professor in the field of Macroeconomics to begin in the fall ...