MIT Dept. of Economics Working Papers Series: Recent submissions

Now showing items 82-84 of 1293

    • The Unsustainable Rise of the Disability Rolls in the United States: Causes, Consequences, and Policy Options 

      Autor, David (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2012-01-24)
      Two ailments limit the effectiveness and threaten the long-term viability of the U.S. Social Security Disability Insurance program (SSDI). First, the program is ineffective in assisting the vast majority of workers with ...

    • The Network Origins of Aggregate Fluctuations 

      Acemoglu, Daron; Carvalho, Vasco; Ozdaglar, Asuman; Tahbaz-Salehi, Alireza (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2011-10-20)
      This paper argues that in the presence of intersectoral input-output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. In particular, it shows that, as the economy becomes more disaggregated, ...

    • Optimal Monetary Policy with Informational Frictions 

      Angeletos, George-Marios; La'O, Jennifer (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2011-11-05)
      We study optimal monetary policy in an environment in which firms’ pricing and production decisions are subject to informational frictions. Our framework accommodates multiple formalizations of these frictions, including ...