Author Page for Lee E. Ohanian

The Decline of the U.S. Rust Belt: A Macroeconomic Analysis

FRB Atlanta CQER Working Paper No. 14-5

Number of pages: 41 Posted: 04 Apr 2015

Simeon Alder, David Lagakos and Lee E. Ohanian

University of Wisconsin - Madison - Department of Economics, University of California, San Diego (UCSD) - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 490 (82,060)

Abstract:

2.

Unemployment, Negative Equity, and Strategic Default

Number of pages: 50 Posted: 13 Jul 2013

Kristopher Gerardi, Kyle Herkenhoff, Lee E. Ohanian and Paul Willen

Federal Reserve Bank of Atlanta, University of Minnesota - Minneapolis, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Boston - Research Department

Downloads 364 (115,783)

Citation 22

Abstract:

3.

Dynamic Equilibrium Economies: A Framework for Comparing Models and Data

Downloads 202 (209,363)

Citation 5

2

Dynamic Equilibrium Economies: A Framework for Comparing Models and Data

Number of pages: 32 Posted: 28 Jul 1997

Jeremy Berkowitz, Francis X. Diebold and Lee E. Ohanian

University of Houston - Department of Finance, University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 171 (242,353)

Citation 1

Abstract:

Dynamic Equilibrium Economies: A Framework for Comparing Models and Data

NBER Working Paper No. t0174

Number of pages: 40 Posted: 14 Jul 2000 Last Revised: 25 Jun 2022

Francis X. Diebold, Lee E. Ohanian and Jeremy Berkowitz

University of Pennsylvania - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and University of Houston - Department of Finance

Downloads 31 (638,655)

Citation 1

Abstract:

4.

Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004

Downloads 142 (281,668)

Citation 68

2

Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004

FRB of Kansas City Working Paper No. 06-16

Number of pages: 63 Posted: 28 Dec 2006

Andrea Raffo, Lee E. Ohanian and Richard Rogerson

Board of Governors of the Federal Reserve System, University of California, Los Angeles (UCLA) - Department of Economics and Princeton University - Princeton School of Public and International Affairs

Downloads 105 (353,023)

Abstract:

Long-Term Changes in Labor Supply and Taxes: Evidence from OECD Countries, 1956-2004

NBER Working Paper No. w12786

Number of pages: 66 Posted: 23 Dec 2006 Last Revised: 10 Jun 2022

Lee E. Ohanian, Andrea Raffo and Richard Rogerson

University of California, Los Angeles (UCLA) - Department of Economics, Board of Governors of the Federal Reserve System and Princeton University - Princeton School of Public and International Affairs

Downloads 37 (601,134)

Citation 8

Abstract:

5.

Common-Sense Policy Reforms for California Housing

Cato Institute, Policy Analysis No. 920

Number of pages: 16 Posted: 20 Sep 2021

Lee E. Ohanian and Cato Institute

University of California, Los Angeles (UCLA) - Department of Economics and Cato Institute

Downloads 132 (297,943)

Abstract:

6.

The Lack of European Productivity Growth: Causes and Lessons for the U.S.

PIER Working Paper No. 18-024

Number of pages: 31 Posted: 24 Sep 2018

Jesús Fernández-Villaverde and Lee E. Ohanian

University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 82 (408,963)

Citation 1

Abstract:

7.

The Consequences of Bretton Woods Impediments to International Capital Mobility and the Value of Geopolitical Stability

FRB St. Louis Working Paper No. 2020-42

Number of pages: 33 Posted: 02 Nov 2020

Lee E. Ohanian, Paulina Restrepo-Echavarria, Diana Van Patten and Mark L. J. Wright

University of California, Los Angeles (UCLA) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis, Princeton University and Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Downloads 76 (427,219)

Abstract:

8.

What - or Who - Started the Great Depression?

NBER Working Paper No. w15258

Number of pages: 62 Posted: 31 Aug 2009 Last Revised: 12 Mar 2022

Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics

Downloads 75 (430,282)

Citation 7

Abstract:

9.

Can't Pay or Won't Pay?: Unemployment, Negative Equity, and Strategic Default

Downloads 67 (456,935)

Citation 48

2

Can't Pay or Won't Pay?: Unemployment, Negative Equity, and Strategic Default

FRB of Boston Working Paper No. 15-13

Number of pages: 81 Posted: 25 Nov 2015

Kristopher Gerardi, Kyle Herkenhoff, Lee E. Ohanian and Paul Willen

Federal Reserve Bank of Atlanta, University of Minnesota - Minneapolis, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Boston - Research Department

Downloads 38 (595,276)

Abstract:

Can&Apos;T Pay or Won&Apos;T Pay? Unemployment, Negative Equity, and Strategic Default

NBER Working Paper No. w21630

Number of pages: 74 Posted: 12 Oct 2015 Last Revised: 07 Feb 2021

Kristopher Gerardi, Kyle Herkenhoff, Lee E. Ohanian and Paul Willen

Federal Reserve Bank of Atlanta, University of Minnesota - Minneapolis, University of California, Los Angeles (UCLA) - Department of Economics and Federal Reserve Bank of Boston - Research Department

Downloads 29 (652,390)

Citation 24

Abstract:

10.

Latin America in the Rearview Mirror

NBER Working Paper No. w11008

Number of pages: 61 Posted: 28 Dec 2004 Last Revised: 30 Jan 2022

Harold L. Cole, Lee E. Ohanian, Alvaro Riascos and James A. Schmitz

University of Pennsylvania - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics, Universidad de los Andes, Colombia - Department of Economics and Federal Reserve Bank of Minneapolis

Downloads 66 (460,350)

Citation 3

Abstract:

11.

Deflation and the International Great Depression: A Productivity Puzzle

Downloads 61 (478,879)

2

Deflation and the International Great Depression: A Productivity Puzzle

NBER Working Paper No. w11237

Number of pages: 58 Posted: 11 May 2005 Last Revised: 17 Mar 2022

Harold L. Cole, Lee E. Ohanian and Ron Leung

University of Pennsylvania - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Universite de Montreal

Downloads 61 (485,878)

Abstract:

Deflation and the International Great Depression: A Productivity Puzzle

Posted: 24 Jul 2008

Harold L. Cole, Lee E. Ohanian and Ron Leung

University of Pennsylvania - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and Universite de Montreal

Abstract:

12.

Neoclassical Models in Macroeconomics

NBER Working Paper No. w22122

Number of pages: 97 Posted: 28 Mar 2016 Last Revised: 13 Jun 2021

Gary D. Hansen and Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 55 (502,404)

Citation 1

Abstract:

13.

Tarnishing the Golden and Empire States: Land-Use Restrictions and the U.S. Economic Slowdown

NBER Working Paper No. w23790

Number of pages: 62 Posted: 11 Sep 2017 Last Revised: 02 Jan 2022

Kyle Herkenhoff, Lee E. Ohanian and Edward C. Prescott

University of Minnesota - Minneapolis, University of California, Los Angeles (UCLA) - Department of Economics and Arizona State University (ASU) - Economics Department

Downloads 48 (532,858)

Citation 15

Abstract:

14.

The Great Recession in the Shadow of the Great Depression: A Review Essay on “Hall of Mirrors: The Great Depression, the Great Recession and the Uses and Misuses of History”

NBER Working Paper No. w22239

Number of pages: 26 Posted: 09 May 2016 Last Revised: 08 Apr 2022

Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics

Downloads 48 (532,858)

Citation 1

Abstract:

15.

The General Theory of Employment, Interest, and Money after 75 Years: The Importance of Being in the Right Place at the Right Time

NBER Working Paper No. w16631

Number of pages: 24 Posted: 01 Jan 2011 Last Revised: 12 Jun 2022

Matthew N. Luzzetti and Lee E. Ohanian

University of California, Los Angeles (UCLA) and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 47 (537,312)

Abstract:

16.

Foreclosure Delay and U.S. Unemployment

FRB of St. Louis Working Paper No. 2012-017A

Number of pages: 52 Posted: 25 Jun 2012

Lee E. Ohanian and Kyle Herkenhoff

University of California, Los Angeles (UCLA) - Department of Economics and University of Minnesota - Minneapolis

Downloads 45 (546,842)

Abstract:

17.

Why Have Business Cycle Fluctuations Become Less Volatile?

NBER Working Paper No. w12079

Number of pages: 23 Posted: 10 May 2006 Last Revised: 04 Jul 2022

Gary D. Hansen, Andres F. Arias and Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics, Ministry of Agriculture, Colombia and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 41 (566,692)

Citation 1

Abstract:

18.

Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis

NBER Working Paper No. w20538

Number of pages: 45 Posted: 06 Oct 2014 Last Revised: 13 Feb 2022

Simeon Alder, David Lagakos and Lee E. Ohanian

University of Wisconsin - Madison - Department of Economics, University of California, San Diego (UCSD) - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 34 (604,589)

Citation 4

Abstract:

19.

Short-Run Independence of Monetary Policy Under Pegged Exchange Rates and Effects of Money on Exchange Rates and Interest Rates

NBER Working Paper No. w4517

Number of pages: 36 Posted: 18 Apr 2002 Last Revised: 07 May 2022

Alan C. Stockman and Lee E. Ohanian

University of Rochester - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 31 (622,603)

Abstract:

20.

Aggregate Hours Worked in OECD Countries: New Measurement and Implications for Business Cycles

NBER Working Paper No. w17420

Number of pages: 46 Posted: 21 Sep 2011 Last Revised: 06 Feb 2022

Lee E. Ohanian and Andrea Raffo

University of California, Los Angeles (UCLA) - Department of Economics and Board of Governors of the Federal Reserve System

Downloads 28 (641,925)

Citation 13

Abstract:

21.

Short-Run Effects of Money When Some Prices are Sticky

FRB Richmond Economic Quarterly, vol. 80, no. 3, Summer 1994, pp. 1-23

Number of pages: 23 Posted: 14 Nov 2012

Lee E. Ohanian and Alan C. Stockman

University of California, Los Angeles (UCLA) - Department of Economics and University of Rochester - Department of Economics

Downloads 25 (662,856)

Citation 1

Abstract:

22.

Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence from World War Ii

Downloads 24 (670,187)

Citation 18

3

Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence from World War Ii

NBER Working Paper No. w12130

Number of pages: 41 Posted: 18 May 2006 Last Revised: 23 Feb 2022

Ellen R. McGrattan and Lee E. Ohanian

Federal Reserve Bank of Minneapolis - Research Department and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 22 (706,714)

Citation 1

Abstract:

Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence from World War II

International Economic Review, Vol. 51, Issue 2, pp. 509-532, May 2010

Number of pages: 24 Posted: 04 Jun 2010

Ellen R. McGrattan and Lee E. Ohanian

Federal Reserve Bank of Minneapolis - Research Department and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 2 (912,033)

Citation 3

Abstract:

Does Neoclassical Theory Account for the Effects of Big Fiscal Shocks? Evidence from World War II

Posted: 01 Aug 2008

Ellen R. McGrattan and Lee E. Ohanian

Federal Reserve Bank of Minneapolis - Research Department and University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

23.

The Impact of Cartelization, Money, and Productivity Shocks on the International Great Depression

NBER Working Paper No. w18823

Number of pages: 39 Posted: 22 Feb 2013 Last Revised: 08 Jun 2022

Harold L. Cole and Lee E. Ohanian

University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 23 (677,634)

Citation 1

Abstract:

24.

Labor Market Dysfunction During the Great Recession

NBER Working Paper No. w17313

Number of pages: 44 Posted: 29 Aug 2011 Last Revised: 23 Apr 2022

Kyle Herkenhoff and Lee E. Ohanian

University of Minnesota - Minneapolis and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 22 (685,397)

Citation 1

Abstract:

25.

Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America

Downloads 21 (693,074)

Citation 12

2

Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America

FRB of Chicago Working Paper No. WP-2015-8

Number of pages: 57 Posted: 10 Dec 2015

Lee E. Ohanian, Paulina Restrepo-Echavarria and Mark L. J. Wright

University of California, Los Angeles (UCLA) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Downloads 11 (808,017)

Abstract:

Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America

NBER Working Paper No. w21744

Number of pages: 51 Posted: 23 Nov 2015 Last Revised: 01 Jun 2022

Lee E. Ohanian, Paulina Restrepo-Echavarria and Mark L. J. Wright

University of California, Los Angeles (UCLA) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Downloads 10 (818,233)

Citation 9

Abstract:

26.

Labor Market Dysfunction During the Great Recession

Cato Papers on Public Policy Vol. 1, 2011

Number of pages: 59 Posted: 20 Mar 2013

Kyle Herkenhoff and Lee E. Ohanian

University of Minnesota - Minneapolis and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 18 (716,816)

Citation 2

Abstract:

27.

Revisiting Capital-Skill Complementarity, Inequality, and Labor Share

International Finance Discussion Paper No. 1319

Number of pages: 43 Posted: 14 Jun 2021

Lee E. Ohanian, Musa Orak and Shihan Shen

University of California, Los Angeles (UCLA) - Department of Economics, Board of Governors of the Federal Reserve System and University of California, Los Angeles (UCLA)

Downloads 15 (742,191)

Abstract:

28.

Bretton Woods and the Reconstruction of Europe

FRB St. Louis Working Paper No. 2019-30

Number of pages: 56 Posted: 27 Nov 2019

Lee E. Ohanian, Diana Van Patten, Paulina Restrepo-Echavarria and Mark L. J. Wright

University of California, Los Angeles (UCLA) - Department of Economics, University of California, Los Angeles (UCLA), Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Downloads 14 (751,097)

Abstract:

29.

The Direction of Capital Flows

Economic Synopses, Issue 22, pp. 1-2, 2016

Number of pages: 2 Posted: 02 Nov 2016 Last Revised: 29 Apr 2020

Lee E. Ohanian, Paulina Restrepo-Echavarria and Mark L. J. Wright

University of California, Los Angeles (UCLA) - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of St. Louis and Federal Reserve Banks - Federal Reserve Bank of Minneapolis

Downloads 13 (760,226)

Abstract:

30.

The Impact of Foreclosure Delay on U.S. Employment

NBER Working Paper No. w21532

Number of pages: 67 Posted: 08 Sep 2015 Last Revised: 02 May 2022

Kyle Herkenhoff and Lee E. Ohanian

University of Minnesota - Minneapolis and University of California, Los Angeles (UCLA) - Department of Economics

Downloads 12 (769,516)

Citation 6

Abstract:

31.

Revisiting Capital-Skill Complementarity, Inequality, and Labor Share

NBER Working Paper No. w28747

Number of pages: 45 Posted: 03 May 2021 Last Revised: 20 Jul 2022

Lee E. Ohanian, Musa Orak and Shihan Shen

University of California, Los Angeles (UCLA) - Department of Economics, Board of Governors of the Federal Reserve System and University of California, Los Angeles (UCLA)

Downloads 7 (818,343)

Add to Cart

Abstract:

32.

Dynamic General Equilibrium Modeling of Long and Short-Run Historical Events

NBER Working Paper No. w28090

Number of pages: 39 Posted: 16 Nov 2020 Last Revised: 03 Apr 2022

Gary D. Hansen, Lee E. Ohanian and Fatih Ozturk

University of California, Los Angeles (UCLA) - Department of Economics, University of California, Los Angeles (UCLA) - Department of Economics and affiliation not provided to SSRN

Downloads 3 (861,533)

Add to Cart

Abstract:

33.

Understanding Economic Crises: The Great Depression and the 2008 Recession

Economic Record, Vol. 86, Issue s1, pp. 2-6, September 2010

Number of pages: 5 Posted: 17 Aug 2010

Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics

Downloads 3 (861,533)

Citation 2

Abstract:

34.

Is There a Trend Break in U.S. GNP? A Macroeconomic Perspective

Posted: 19 Aug 2008

Lutz Kilian and Lee E. Ohanian

Federal Reserve Banks - Federal Reserve Bank of Dallas and University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

35.

Complex Eigenvalues and Trend-Reverting Fluctuations

Posted: 19 Aug 2008

Costas Azariadis, James Bullard and Lee E. Ohanian

Federal Reserve Banks - Federal Reserve Bank of St. Louis, Federal Reserve Banks - Federal Reserve Bank of St. Louis and University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

36.

The Demand for Money and the Nonneutrality of Money

Posted: 19 Aug 2008

Harold L. Cole and Lee E. Ohanian

University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

37.

Back to the Future with Keynes

Federal Reserve Bank of Minneapolis Quarterly Review, Forthcoming

Posted: 28 Jun 2008

Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

38.

New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis

Posted: 08 Jul 2004

Harold L. Cole and Lee E. Ohanian

University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

39.

The Defining Moment: A Review Essay

Posted: 22 Dec 1998

Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics

Abstract:

40.

Post-War British Economic Growth and the Legacy of Keynes

Simon School of Business Working Paper MP 95-04

Posted: 13 Jun 1998

Thomas F. Cooley and Lee E. Ohanian

New York University - Leonard N. Stern School of Business and University of California, Los Angeles (UCLA) - Department of Economics

Lee E. Ohanian

University of California, Los Angeles (UCLA) - Department of Economics

National Bureau of Economic Research (NBER)

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Scholarly Papers (40)

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Revisiting Capital-Skill Complementarity, Inequality, and Labor Share

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Dynamic General Equilibrium Modeling of Long and Short-Run Historical Events

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