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The expected, perceived, and realized inflation of U.S. households before and during the COVID-19 pandemic

Weber, Michael; Gorodnichenko, Yuriy; Coibion, Olivier - 2022

We examine the efficacy of affirmative action at universities whose value depends on peer and alumni networks. We study an elite Brazilian university that adopted race- and income-based affirmative action at a large scale. Using employer-employee data, we show that a key benefit of attending the...

Persistent link: https://www.econbiz.de/10012805824

Fiscal multipliers in the COVID-19 recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - 2021

In response to the record-breaking COVID19 recession, many governments have adopted unprecedented fiscal stimuli. While countercyclical fiscal policy is effective in fighting conventional recessions, little is known about the effectiveness of fiscal policy in the current environment with...

Persistent link: https://www.econbiz.de/10012705410

Fiscal multipliers in the Covid19 recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - 2021

Persistent link: https://www.econbiz.de/10012820991

Fiscal Multipliers in the COVID19 Recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - National Bureau of Economic Research - 2021

Persistent link: https://www.econbiz.de/10012794559

Fiscal Multipliers in the Covid19 Recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter; … - 2022

Persistent link: https://www.econbiz.de/10013311891

Fiscal multipliers in the COVID19 recession

Auerbach, Alan J.; Gorodnichenko, Yuriy; McCrory, Peter B. - In: Journal of international money and finance 126 (2022), pp. 1-18

Persistent link: https://www.econbiz.de/10013435476

How did U.S. consumers use their stimulus payments

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...

Persistent link: https://www.econbiz.de/10012266918

Political polarization and expected economic outcomes

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

We use a large-scale representative survey of households from October 19-21 that elicits respondents' expectations … about the presidential election's outcome as well as their economic expectations to document several new facts. First … changes in economic expectations in turn are likely to affect household economic decisions. …

Persistent link: https://www.econbiz.de/10012306053

How did U.S. consumers use their stimulus payments?

Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020

Using a large-scale survey of U.S. consumers, we study how the large one-time transfers to individuals from the CARES Act affected their consumption, saving and labor-supply decisions. Most respondents report that they primarily saved or paid down debts with their transfers, with only about 15...

Persistent link: https://www.econbiz.de/10012263377

The expected, perceived, and realized inflation of US households before and during the COVID19 pandemic

Weber, Michael; Gorodnichenko, Yuriy; Coibion, Olivier - In: IMF economic review 71 (2023) 1, pp. 326-368

Persistent link: https://www.econbiz.de/10014251764

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