Discussion paper DP17126 A granular spatial model Gabriel Ahlfeldt Thilo Albers 22 Mar 2022 Internal city structure Granular spatial model Multiple equilibria Place-based policies International Trade and Regional Economics Labour Economics Public Economics R38 R52 R58
Discussion paper DP17053 The Shadow Value of Unconventional Monetary Policy Ugo Albertazzi Lorenzo Burlon Tomas Jankauskas Nicola Pavanini 20 Feb 2022 Central bank policies Bank runs Multiple equilibria Imperfect competition Structural estimation Financial Economics Industrial Organization E44 E52 E58 G01 G21 L13
Discussion paper DP16822 The Unattractiveness of Indeterminate Dynamic Equilibria Julian Ashwin Paul Beaudry Martin Ellison 19 Dec 2021 Indeterminacy Machine learning Multiple equilibria Neural networks Monetary Economics and Fluctuations
Discussion paper DP16047 Collateral Framework: Liquidity Premia and Multiple Equilibria Yvan Lengwiler Athanasios Orphanides 16 Apr 2021 monetary policy Government finance Yields Liquidity premium Default premium Collateral Cliff effect Multiple equilibria Monetary Economics and Fluctuations E58 E62 E43
Discussion paper DP15677 Urban specialisation; from sectoral to functional Antoine Gervais James Markusen Anthony Venables 16 Jan 2021 Fragmentation Firm organization Geographic concentration Regional specialization Agglomeration economies Multiple equilibria International Trade and Regional Economics R11 R12 R13 F12 F23
Discussion paper DP15236 Superstar Exporters: An Empirical Investigation of Strategic Interactions in Danish Export Markets Federico Ciliberto Ina Jäkel 31 Aug 2020 Export participation Strategic interaction Multiple equilibria Trade policy Industrial Organization F12 F14 L13
Discussion paper DP14627 Asset Prices and Aggregate Demand in a "Covid-19" Shock: A Model of Endogenous Risk Intolerance and LSAPs Ricardo Caballero Alp Simsek 16 Apr 2020 Risk intolerance Leverage Asset price spirals Risk-off Aggregate supply and demand Conventional and unconventional monetary policy Multiple equilibria Lsaps The fed put Covid-19 Financial Economics Monetary Economics and Fluctuations E00 E12 E21 E22 E30 E40 G00 G01 G11
Discussion paper DP14627 A Model of Endogenous Risk Intolerance and LSAPs: Asset Prices and Aggregate Demand in a "Covid-19" Shock Ricardo Caballero Alp Simsek 16 Apr 2020 Risk intolerance Leverage Asset price spirals Aggregate supply and demand Recessions Conventional and unconventional monetary policy Multiple equilibria Lsaps Asset demand (in)elasticity Covid-19 Financial Economics Monetary Economics and Fluctuations E30 E40 E50 G01 G10 G20
Discussion paper DP13761 A Rational Inattention Unemployment Trap Martin Ellison Alistair Macaulay 28 May 2019 Multiple equilibria Rational inattention Unemployment Monetary Economics and Fluctuations D83 E10 E24
Discussion paper DP13346 Market Structure and Competition in Airline Markets Federico Ciliberto 30 Nov 2018 Multiple equilibria market power Self-selection Entry Oligopoly Market structure Merger Industrial Organization C35 C51 D43 L13 L41 L44
Discussion paper DP12750 Sovereign Default: The Role of Expectations Pedro Teles Gaston Navarro Juan Pablo Nicolini 22 Feb 2018 Good and bad times Sovereign default Multiple equilibria International Macroeconomics and Finance E44 F34
Discussion paper DP12369 Stagnant productivity and low unemployment: stuck in a Keynesian equilibrium Wendy Carlin David Soskice 13 Oct 2017 Stagnation Liquidity trap Zero lower bound Strategic complementarity Multiple equilibria Inflation-targeting Monetary Economics and Fluctuations E32 E43 E52 O42
