A book, 2019, 5360, with juan carlos conesa, vegard m. Gambling for redemption and selffulfilling debt crises nber. On the optimal progressivity of the income tax code sciencedirect. Aging and the macroeconomy research papers in economics. The following chapters offer an introduction to that basic framework and a discussion of its policy implications.
On the optimal progressivity of the income tax code. My primary research interests are in agricultural economics, development economics, economic growth. Gambling for redemption and selffulfilling debt crises, nber working papers 21026, national bureau of economic research, inc. Essays on incomplete markets and macroeconomics by juan. Juan carlos conesa department of economics stony brook university sbs building, office s637 stony brook, ny 117944384 juan. In pension strategies in europe and the united states, leading. Juan carlos conesa, daniela costa, parisa kamali, timothy kehoe, vegard m. This paper develops an overlapping generations model to study the macroeconomic implications of an aging population.
As a general rule, applicants must hold a bachelors degree and a researchoriented masters degree in economics awarded by a notable institution. By continuing to use this website, you consent to columbia universitys usage of cookies and similar technologies, in accordance with the columbia university website cookie notice. The diversity of economic theories is a plus in the analysis of economic problems and principles, by allowing the possibility to focus on different aspects with different methodologies. Household inequality and the consumption response to aggregate real shocks, with gene amromin and karl schulze. This website uses cookies as well as similar tools and technologies to understand visitors experiences. The journal of the economics of ageing macroeconomics of. Citescore values are based on citation counts in a given year e. The aggregate implications of gender and marriage, with margherita borella and fang yang. He obtained his phd degree from unumerit 2018, under the specialisation track on structural change and industrialisation which was sponsored by the united nations industrial development. This paper develops an overlapping generations model to study the macroeconomic effects of an unexpected elimination of medicare. Kehoe, timothy, juan carlos conesa, journal of the economics of ageing, 11 15, 2018. Urjc degrees select an area of knowledge to view all degrees available.
An introduction to the macroeconomics of aging request pdf. We examine economic issues that deeply affect our communities. Carlos garriga acknowledges support from the national science foundation. Macroeconomic effects of medicare juan carlos conesa. Juan carlos conesa stony brook university daniela costa penn wharton budget model parisa kamali. Implications of increasing college attainment for aging in general equilibrium. Gambling for redemption and selffulfilling debt crises, economic theory, 64 2017, 707 740, with juan carlos conesa. On the optimal progressivity of the income tax code, nber working papers 11044, national bureau of economic research, inc. Gambling for redemption and selffulfilling debt crises. We calibrate the model along a transition path from 1950 to 2100 that features rising survival probabilities, an increasing share of college graduates, and rising healthcare costs. Several applications of the theory are discussed covering theorg trends in income inequality in the us and in europe, the life cycle pattern of consumption, the. On the welfare effects of eliminating business cycles.
Macroeconomic effects of medicare, journal of the economics of ageing, 11 2018, 2740, with juan carlos conesa, daniela costa, parisa kamali, vegard m. Nygard, gajendran raveendranathan, and akshar saxena. Numerous and frequentlyupdated resource results are available from this search. Iourii manovski and my coauthors juan carlos conesa, jesus fernandezvillaverde, felix kubler and fabrizio perri as well as victor riosrull for helping me to learn modern macroeconomic theory. Marina azzimonti professor and chair of the department of economics ph. Open economy macroeconomics in developing countries the mit. Economic theory, 2017, 64, 4, 707740 view citations 5. On the optimal progressivity of the income tax code author links open overlay paneljuan carlosconesadirk. Before that, i was an associate professor at indiana university and research economist in the research department of the federal reserve bank of richmond. On the optimal progressivity of the income tax code, working papers 1, barcelona graduate school of economics. Finn kydland and nick pretnar3 employment and the health burden on informal caregivers of the elderlyjan m. The united states introduced the modern individual income tax in 19, france in 1914, japan in. Thanks to seminars participants at several institutions, hal cole, juan carlos conesa, karsten jeske, narayana kocherlakota, dirk krueger, edward prescott and especially lee ohanian for useful comments.
Demographic realities will soon force developed countries to find ways to pay for longer retirements for more people. Trade and structural transformation in spain since 1850. The economics of federal tax policy percent of gdp from federal revenue. Leading economists analyze topical issues in pension policy, including structural reform of payasyougo systems, the political sustainability of pension reforms, and the need for private, funded systems. The depression in finland in the 1990s with juan carlos conesa and kim j. Special issues published in the journal of the economics of ageing. Theory ahead of business cycle measurement edward c. Access statistics for papers by juan carlos conesa. This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor productivity risk gives rise to a.
Download it once and read it on your kindle device, pc, phones or tablets. Status quo problem in social security reforms volume 7 issue 5 juan carlos conesa, carlos garriga. Juan carlos conesa, narayana kocherlakota, antonio rangel,numerousseminarparticipants,twoanonymousreferees,andespeciallykenneth judd for very helpful and detailed comments. Gains from trade with variable trade elasticities brooks. I have served as a visiting scholar in the imf on various occasions. In this paper, we study under what conditions a pay as you go payg type social security program can have regressive outcomes even though the benefits of this program are designed to be progressive. The economics of federal tax policy brookings institution. Macroeconomic effects of medicare staff report 548 published april 26, 2017. Juan carlos conesa stony brook university matthew j. Tim kehoe has been an advisor at the federal reserve bank of minneapolis since 2000. Thus, the course materials will analyze the general equilibrium foundations and the two welfare theorems, infinitely lived representative agent models, the overlapping. Journal of monetary economics 53 7, 14251450, 2006.
Oct 14, 2019 contents1 the what, so what, and now what of population ageingdavid e. Between 1982 and 1995, mexico experienced no economic. Department of economics, 160 mcneil building, 3718 locust walk philadelphia, pa 191046297. Introduction perhaps the most challenging question in development economics is why developing countries are so much poorer than the united states. One of the most widely used methods, generally referred to as generational accounting, con. Optimal fiscal policy in overlapping generations models. Download the understanding the publishing process pdf. Juan carlos herken krauer is a germanparaguayan economist, historian, journalist, writer and professor. Request pdf an introduction to the macroeconomics of aging this special issue contains six articles that.
Journal of public economics university of california. You can also find the degrees by campus, colleges and schools. Models of debt and debt crises, volume of economic theory, 64 2017, edited with cristina arellano and herakles polemarchakis. Professor of economics, university of minnesota, 1987present. Forthcoming in the journal of the economics of ageing, special issue on macroeconomics and aging, edited by tim kehoe and juan carlos conesa, february 2017. Journal of economic dynamics and control 26 2, 333345, 2002. We quantitatively characterize the optimal capital and labor income tax in an overlapping generations model. Reliable information about the coronavirus covid19 is available from the world health organization current situation, international travel. In the first chapter, titled liquidity regulation in a monetary economy, although it is commonly argued that the prevention of bank runs is the main reason to regulate banks asset portfolios, i show that a market failure that.
I want to thank the useful comments of pat kehoe, tim kehoe, v. A large literature has investigated structural transformation, but. Nygard, gajendran raveendranathan and akshar saxena authors registered in the repec author service. Macroeconomic effects of medicare federal reserve bank.
Contents1 the what, so what, and now what of population ageingdavid e. Macroeconomic effects of medicare federal reserve bank of. Update your information in the repec author service. The president of the jury is the governor of the bank of spain.
Kehoe cv january 2020 university of minnesota twin cities. This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many important macroeconomic questions that arise in emerging markets and developing economies. Essays on port economics contributions to economics kindle edition by pablo cotomillan, miguel angel pesquera, juan castanedo. Close this message to accept cookies or find out how to manage your cookie settings. A native of newport, rhode island, he received his b. Stony brook university department of economics course syllabus fall 2016 econ 108 section 02 introduction to. Pikettys book and macro models of wealth inequality, with giulio fella and fang yang. This cited by count includes citations to the following articles in scholar.
Pdf several papers show that a privatization of the social security system will not be politically supported by the current generations. Gambling for redemption and selffulfilling debt crises, 2012 meeting papers 614, society for economic dynamics. Pdf social security reform with heterogeneous agents. Policydriven productivity in chile and mexico in the 1980s and 1990s with raphael bergoeing, patrick j. He was an intellectual giant, and a caring person for his family, friends, students and colleagues. Pdf the status quo problem in social security reforms.
This ebook examines selected issues related to the economics of population ageing. Description of the data and ms excel file with all of the data. Federal reserve bank of minneapolis research department staff report 465 june 2012 gambling for redemption and selffulfilling debt crises juan carlos conesa. By juan carlos conesa, sagiri kitao, and dirk krueger we quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks and permanent productivity differences of households. Oclcs webjunction has pulled together information and resources to assist library staff as they consider how to handle. Vegard mokleiv nygaard no 23389, nber working papers from national bureau of economic research, inc abstract. The journal of the economics of ageing special issues. Kehoe university of minnesota federal reserve bank of minneapolis and national bureau of economic research introduction1 beginning in late 2009, the greek government had difficulties selling its bonds to private investors, who demanded high interest rates. We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Gambling for redemption and selffulfilling debt crises, economic theory, vol 644. List of exercises juan carlos conesa, stony brook university exercise 1. Free exchange zerosum debate finance and economics. Review of economic dynamics 2, mafroeconomic furthermore, this course is not a survey of topics in macroeconomics.
On the optimal progressivity of the income tax code book. Analyzing fiscal policies in a heterogeneousagent overlappinggenerations economy article in handbook of computational economics 3 april 2011 with 337 reads how we measure reads. Juan carlos conesa and dirk krueger models of heterogeneous agents without aggregate risk. The macroeconomics of aging, volume of journal of the economics of ageing, 11 2018, edited with juan carlos conesa. Essays on port economics contributions to economics, pablo. In its last part this course will explore the implications of heterogeneity and incomplete markets for monetary policy. Department of economics, college of arts and sciences.
The book is suitable for use in graduate courses in development economics, international finance, and macroeconomics. We want to thank cristina arellano, jeff bergstrand, juan carlos conesa, svetlana demidova, doireann fitzgerald, antoine gervais, joe kaboski, tim kehoe, vova lugovskyy, jeff thurk, and kei. Congratulations to warren sanderson on his recent book, prospective. Published quarterly by the federal reserve bank of minneapolis. Pujolas mcmaster university gajendran raveendranathan mcmaster university. Dirk krueger macroeconomic theory pdf free serial pdf. The journal of the economics of ageing, 2018, 11, c, 2740 view citations 11. The journal of the economics of ageing, special issue on macroeconomics and aging, edited by tim kehoe and juan carlos conesa, may 2018, vol. These notes were tried out on numerous students at stanford, upenn, frankfurt and mannheim, whose many useful comments i appreciate. Pension strategies in europe and the united states the mit. On the optimal progressivity of the income tax code ebook. Juan carlos castillo is a postdoctoral research fellow in applied economics at bocconi university and an affiliated researcher at unumerit. Generational policy and the macroeconomic measurement of.
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