Showing results 1 - 10 of 16
June 2021, Paper: "Responding to the global challenges facing our societies requires new analytical frameworks and the emergence of new ideas, especially in the aftermath of the…
May 2020, Paper, "We use a five-age epidemiological model, combined with 66-sector economic accounting, to address a variety of questions concerning the economic reopening. We…
March 2020, Paper: "Traditional banking is built on four pillars: SME lending, insured deposit taking, access to lender of last resort, and prudential supervision. This paper…
Trump’s Tax Plan and the Dollar. Emmanuel Farhi, Gita Gopinath, January 3, 2017, Opinion, "Now that Donald Trump has been elected President of the United States and…
A Theory of Macroprudential Policies in the Presence of Nominal Rigidities. Emmanuel Farhi, May 2015, Paper. "We propose a theory of monetary policy and macroprudential…
Liquidity and growth: the role of counter-cyclical interest rates. Philippe Aghion, Emmanuel Farhi, February 2015, Paper. "In this paper, we use cross-industry, cross-country…
Labor Mobility Within Currency Unions. Emmanuel Farhi, April 2014, Paper. "We study the effects of labor mobility within a currency union suffering from nominal rigidities. When…
The Safety Trap. Emmanuel Farhi, May 31, 2014, Paper. "Recently, the global economy has experienced recurrent episodes of safe asset shortages. In this paper we present a model…
Cyclical Macroeconomic Policy, Financial Regulation, and Economic Growth. Phillippe Aghion, Emmanuel Farhi, December 2013, Paper. "This paper investigates the effect of cyclical…
Dilemma not Trilemma? Capital Controls and Exchange Rates with Volatile Capital Flows. Emmanuel Farhi, October 2013, Paper. "We consider a standard New Keynesian model of a small…