-Saxon countries (the US and the UK), two Continental European countries (France and Germany) and two Scandinavian countries (Norway … probabilities observed in US, with mixed success in Europe. In contrast, matching shocks and job destruction shocks play a larger … role in most European countries relative to the US …

We study a new data set of prices of traded dividends with maturities up to 10 years across three world regions: the US … to obtain a term structure of expected dividend growth rates and a term structure of risk premia, which allows us to …

Over the postwar, the U.S., Europe and Japan have experienced what may be thought of as medium frequency oscillations …

We simulate corporate tax reform in a single good, five-region (U.S., Europe, Japan, China, India) model, featuring … skilled and unskilled labor, detailed region-specific demographics and fiscal policies. Eliminating the model's U.S. corporate … income tax produces rapid and dramatic increases in the model's level of U.S. investment, output, and real wages, making the …

international patent applications in the US, Japan, the European Patent Office, and corresponding filings in three developing …