Blar i Scientific articles på tidsskrift "American Economic Journal: Macroeconomics"
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The decline of the labor share: new empirical evidence
(Peer reviewed; Journal article, 2022)We use time series techniques to estimate the importance of four main explanations for the decline of the US labor income share: rising firm markups, falling bargaining power of workers, higher investment-specific technology ... -
Mind the gap: stylized dynamic facts and structrual models
(Research report, 2022)We study what happens to identified shocks and to dynamic responses when the data generating process features q disturbances but q1 < q variables are used in an empirical model. Identified shocks are linear combinations ... -
Mind the gap: Stylized dynamic facts and structural models
(Peer reviewed; Journal article, 2022)We study what happens to identified shocks and to dynamic responses when the data generating process features q disturbances but q 1 < q variables are used in an empirical model. Identified shocks are linear combinations ... -
MPC Heterogeneity and Household Balance Sheets
(Journal article; Peer reviewed, 2020)We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time, and how households’ marginal propensities to consume (MPCs) vary with household ...