Review of Economic Dynamics

Special Issue in Memory of Alejandro Justiniano

Volume 41 (July 2021)

Introduction to the Special Issue in Memory of Alejandro Justiniano
by Leonardo Melosi & Giorgio Primiceri & Andrea Tambalotti

Why is Unemployment so Countercyclical?
by Lawrence Christiano & Martin Eichenbaum & Mathias Trabandt
Computational Appendix and Data files

The fundamental surplus strikes again
by Lars Ljungqvist & Thomas Sargent
Computational Appendix and Data files

Output Gap, Monetary Policy Trade-offs, and Financial Frictions
by Francesco Furlanetto & Paolo Gelain & Marzie Taheri Sanjani
Computational Appendix and Data files, Online Appendix

Optimal Monetary Policy and Liquidity with Heterogeneous Households
by Florin Bilbiie & Xavier Ragot
Computational Appendix and Data files

Piecewise-Linear Approximations and Filtering for DSGE Models with Occasionally Binding Constraints
by S. Bogan Aruoba & Pablo Cuba-Borda & Kenji Higa-Flores & Frank Schorfheide & Sergio Villalvazo
Computational Appendix and Data files, Online Appendix

A Toolkit for Solving Models with a Lower Bound on Interest Rates of Stochastic Duration
by Gauti Eggertsson & Sergey Egiev & Alessandro Lin & Josef Platzer & Luca Riva
Computational Appendix and Data files

Non-Rational Beliefs in an Open Economy”
by Qingyuan Du & Stefano Eusepi & Bruce Preston
Computational Appendix and Data files, Online Appendix

Why were interest only mortgages so population during U.S. housing boom?
by Gadi Barlevy & Jonas Fisher
Computational Appendix and Data files, Online Appendix

Central Bank Digital Currency: Central Banking For All?
by Jesus Fernandez-Villaverde & Daniel Sanches & Linda Schilling & Harald Uhlig

Discretion rather than rules: Equilibrium uniqueness and forward guidance with inconsistent optimal plans
by Jeffrey Campbell & Jacob Weber
Computational Appendix and Data files 

Mobility, Population Growth, and Public Capital Spending in the United States
by Marco Bassetto & Leslie McGranahan
Computational Appendix and Data files, Online Appendix