Jonathan A. Parker

Massachusetts Institute of Technology (MIT) - Sloan School of Management

100 Main Street

E62-416

Cambridge, MA

United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

  • Massachusetts Institute of Technology (MIT) - Sloan School of Management

    • Email
    • Tel: 617-253-7218
SCHOLARLY PAPERS

41

DOWNLOADS

7,754

TOTAL CITATIONS
Rank 257

SSRN RANKINGS

Top 257

in Total Papers Citations

1,432

Scholarly Papers (41)

Actions:
Email selected abstracts
1.

Household Expenditure and the Income Tax Rebates of 2001

Downloads 1,179 (38,880)
Citation 222

Household Expenditure and the Income Tax Rebates of 2001

Number of pages: 38 Posted: 03 Jan 2005 Last Revised: 13 Dec 2011
David Johnson, Jonathan A. Parker and Nicholas S. Souleles
Bureau of Labor Statistics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Pennsylvania - Finance Department
Downloads 1,103 (42,244)
Citation 13

Abstract:

Loading...

Consumption, saving, Life-Cycle model, Permanent-Income Hypothesis, liquidity constraints; fiscal policy, tax cuts, tax rebates, windfalls

Household Expenditure and the Income Tax Rebates of 2001

NBER Working Paper No. w10784
Number of pages: 38 Posted: 20 Sep 2004 Last Revised: 21 Dec 2022
David Johnson, Jonathan A. Parker and Nicholas S. Souleles
Bureau of Labor Statistics, Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Pennsylvania - Finance Department
Downloads 76 (683,465)
Citation 209

Abstract:

Loading...

2.

Luxury Goods and the Equity Premium

Downloads 794 (67,497)
Citation 45

Luxury Goods and the Equity Premium

Journal of Finance, Vol. 59, No. 6, 2004
Number of pages: 60 Posted: 19 May 2003 Last Revised: 17 Jun 2009
Yacine Ait-Sahalia, Jonathan A. Parker and Motohiro Yogo
National Bureau of Economic Research (NBER), Massachusetts Institute of Technology (MIT) - Sloan School of Management and Princeton University - Department of Economics
Downloads 634 (89,115)
Citation 45

Abstract:

Loading...

Asset pricing, Consumption, Equity premium puzzle, Portfolio choice

Luxury Goods and the Equity Premium

NBER Working Paper No. w8417
Number of pages: 47 Posted: 17 Oct 2005 Last Revised: 03 Jul 2022
Yacine Ait-Sahalia, Jonathan A. Parker and Motohiro Yogo
National Bureau of Economic Research (NBER), Massachusetts Institute of Technology (MIT) - Sloan School of Management and Princeton University - Department of Economics
Downloads 160 (394,765)

Abstract:

Loading...

3.

Asymmetric Consumption Smoothing

Fisher College of Business Working Paper No. 2013-03-20, Charles A. Dice Center Working Paper No. 2013-20
Number of pages: 64 Posted: 22 Dec 2013 Last Revised: 13 Jul 2020
Brian Baugh, Itzhak Ben-David, Hoonsuk Park and Jonathan A. Parker
Univeristy of Nebraska at Lincoln (UNL) - Department of Finance, Ohio State University (OSU) - Department of Finance, University of Melbourne - Faculty of Business and Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 545 (109,328)
Citation 4

Abstract:

Loading...

Consumption, household finance, liquidity constraints, hand-to-mouth, mental accounting, tax refunds

4.

Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds

Downloads 475 (129,242)
Citation 2

Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds

Journal of Finance, Forthcoming, MIT Sloan Research Paper No. 6206-20
Number of pages: 102 Posted: 27 Dec 2022 Last Revised: 17 May 2023
Jonathan A. Parker, Antoinette Schoar and Yang Sun
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Brandeis University- International Business School
Downloads 394 (159,249)

Abstract:

Loading...

target date funds, contrarian strategies, mutual fund flows, price pressure, time series momentum, return predictability, market stability

Retail Financial Innovation and Stock Market Dynamics: The Case of Target Date Funds

NBER Working Paper No. w28028
Number of pages: 61 Posted: 02 Nov 2020 Last Revised: 30 Jan 2023
Jonathan A. Parker, Antoinette Schoar and Yang Sun
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Brandeis University- International Business School
Downloads 81 (658,410)
Citation 2

Abstract:

Loading...

5.

Belief Disagreement and Portfolio Choice

Downloads 429 (145,880)
Citation 74

Belief Disagreement and Portfolio Choice

Journal of Finance, Forthcoming
Number of pages: 118 Posted: 11 Oct 2021
Maarten Meeuwis, Jonathan A. Parker, Antoinette Schoar and Duncan Simester
Washington University in St. Louis - John M. Olin Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 341 (186,964)
Citation 1

Abstract:

Loading...

Belief Disagreement and Portfolio Choice

NBER Working Paper No. w25108
Number of pages: 59 Posted: 01 Oct 2018 Last Revised: 08 Feb 2023
Maarten Meeuwis, Jonathan A. Parker, Antoinette Schoar and Duncan Simester
Washington University in St. Louis - John M. Olin Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 88 (625,503)
Citation 73

Abstract:

Loading...

6.

Dynamic Marketing Policies: Constructing Markov States for Reinforcement Learning

Number of pages: 37 Posted: 16 Jul 2020
Yuting Zhu, Duncan Simester, Jonathan A. Parker and Antoinette Schoar
National University of Singapore, Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 422 (148,762)

Abstract:

Loading...

7.

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

Downloads 422 (148,762)
Citation 97

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

Number of pages: 33 Posted: 30 Mar 2007
Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker
Princeton University - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 344 (185,269)
Citation 4

Abstract:

Loading...

portfolio choice, asset pricing, expectations, heterogeneous beliefs, optimal

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

NBER Working Paper No. w12940
Number of pages: 34 Posted: 24 Feb 2007 Last Revised: 11 Nov 2022
Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker
Princeton University - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 75 (688,662)
Citation 59

Abstract:

Loading...

Optimal Beliefs, Asset Prices and the Preference for Skewed Returns

CEPR Discussion Paper No. DP6181
Number of pages: 36 Posted: 20 May 2008
Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker
Princeton University - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 3 (1,365,296)
Citation 34
  • Add to Cart

Abstract:

Loading...

Belief biases, heterogeneous beliefs, optimal expectations, skewness

8.

The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption

Downloads 327 (197,341)
Citation 65

The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption

Kilts Center for Marketing at Chicago Booth – Nielsen Dataset Paper Series 1-005
Number of pages: 39 Posted: 03 May 2014 Last Revised: 28 Aug 2016
Jonathan A. Parker and Christian M. Broda
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Chicago - Booth School of Business
Downloads 283 (228,485)
Citation 1

Abstract:

Loading...

Consumption, stabilization, tax policy

The Economic Stimulus Payments of 2008 and the Aggregate Demand for Consumption

NBER Working Paper No. w20122
Number of pages: 38 Posted: 19 May 2014 Last Revised: 26 Jun 2022
Christian M. Broda and Jonathan A. Parker
University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 44 (904,917)
Citation 64

Abstract:

Loading...

9.

Consumption Risk and the Cross-Section of Expected Returns

Downloads 281 (231,816)
Citation 65

Consumption Risk and the Cross-Section of Expected Returns

Number of pages: 48 Posted: 03 Jan 2005
Christian Julliard and Jonathan A. Parker
London School of Economics & Political Science (LSE) - Department of Finance and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 281 (230,160)
Citation 65

Abstract:

Loading...

Consumption Capital Asset Pricing Model, Expected returns, Equity

Consumption Risk and the Cross Section of Expected Returns

Posted: 13 Jan 2005
Christian Julliard and Jonathan A. Parker
London School of Economics & Political Science (LSE) - Department of Finance and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

10.

Precautionary Saving and Consumption Fluctuations

Downloads 219 (296,956)
Citation 13

Precautionary Saving and Consumption Fluctuations

Woodrow Wilson School Economics Discussion Paper No. 227
Number of pages: 35 Posted: 07 Apr 2004
Jonathan A. Parker and Bruce J. Preston
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 171 (372,253)

Abstract:

Loading...

Incomplete markets, precautionary saving, permanent income hypothesis, business cycles, consumption smoothing, Euler equation

Precautionary Saving and Consumption Fluctuations

NBER Working Paper No. w9196
Number of pages: 53 Posted: 14 Sep 2002 Last Revised: 19 Aug 2022
Jonathan A. Parker and Bruce J. Preston
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Columbia University - Graduate School of Arts and Sciences - Department of Economics
Downloads 48 (869,514)
Citation 13

Abstract:

Loading...

11.

Revenue Collapses and the Consumption of Small Business Owners in the Early Stages of the Covid-19 Pandemic

NBER Working Paper No. w28151
Number of pages: 60 Posted: 01 Dec 2020 Last Revised: 03 Jun 2023
Olivia Kim, Jonathan A. Parker and Antoinette Schoar
Harvard Business School, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 199 (324,920)
Citation 7

Abstract:

Loading...

12.

Why Don't Households Smooth Consumption? Evidence from a 25 Million Dollar Experiment

Downloads 181 (354,571)
Citation 68

Why Don't Households Smooth Consumption? Evidence from a 25 Million Dollar Experiment

Kilts Center for Marketing at Chicago Booth – Nielsen Dataset Paper Series 1-053
Number of pages: 47 Posted: 14 Jul 2015
Jonathan A. Parker
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 152 (412,609)

Abstract:

Loading...

Consumption smoothing, Liquidity constraints, impatience, marginal propensity to consume, inattention, self-control, procrastination

Why Don't Households Smooth Consumption? Evidence from a 25 Million Dollar Experiment

NBER Working Paper No. w21369
Number of pages: 36 Posted: 20 Jul 2015 Last Revised: 22 May 2023
Jonathan A. Parker
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 29 (1,062,093)
Citation 68

Abstract:

Loading...

13.

The Local Aggregate Effects of Minimum Wage Increases

Downloads 176 (363,405)
Citation 6

The Local Aggregate Effects of Minimum Wage Increases

FRB of Boston Working Paper No. 17-8
Number of pages: 55 Posted: 23 Oct 2017 Last Revised: 06 Feb 2019
Daniel Cooper, Maria Jose Luengo-Prado and Jonathan A. Parker
Federal Reserve Bank of Boston, Indus Center for Academic Excellence and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 140 (441,443)

Abstract:

Loading...

minimum wage increases, prices, consumption, local aggregate effects

The Local Aggregate Effects of Minimum Wage Increases

NBER Working Paper No. w25761
Number of pages: 61 Posted: 24 Apr 2019 Last Revised: 22 May 2023
Daniel Cooper, Maria Jose Luengo-Prado and Jonathan A. Parker
Federal Reserve Bank of Boston, Indus Center for Academic Excellence and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 36 (983,415)
Citation 6

Abstract:

Loading...

14.

Consumption Over the Life Cycle

Downloads 159 (397,022)
Citation 75

Consumption Over the Life Cycle

NBER Working Paper No. w7271
Number of pages: 50 Posted: 30 Apr 2000 Last Revised: 14 Nov 2022
Jonathan A. Parker and Pierre-Olivier Gourinchas
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of California, Berkeley - Department of Economics
Downloads 136 (452,055)
Citation 4

Abstract:

Loading...

Consumption Over the Life-Cycle

Number of pages: 54 Posted: 04 May 2001
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 23 (1,138,112)
Citation 71
  • Add to Cart

Abstract:

Loading...

Buffer stocks, life cycle, precautionary savings, simulated moments

Consumption Over the Life Cycle

Posted: 10 Nov 2003
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...

15.

Reported Preference vs. Revealed Preference: Evidence from the Propensity to Spend Tax Rebates

Downloads 156 (403,466)
Citation 6

Reported Preference vs. Revealed Preference: Evidence from the Propensity to Spend Tax Rebates

Number of pages: 41 Posted: 14 Jul 2017 Last Revised: 28 Sep 2017
Jonathan A. Parker and Nicholas S. Souleles
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Pennsylvania - Finance Department
Downloads 131 (466,344)
Citation 6

Abstract:

Loading...

Revealed preference, survey methods, treatment effects, consumption, marginal propensity to consume, fiscal policy

Reported Effects vs. Revealed-Preference Estimates: Evidence from the Propensity to Spend Tax Rebates

NBER Working Paper No. w23920
Number of pages: 23 Posted: 16 Oct 2017 Last Revised: 12 May 2023
Jonathan A. Parker and Nicholas S. Souleles
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Pennsylvania - Finance Department
Downloads 25 (1,111,825)

Abstract:

Loading...

16.

Optimal Expectations

NBER Working Paper No. w10707
Number of pages: 47 Posted: 14 Sep 2004 Last Revised: 05 Oct 2022
Jonathan A. Parker and Markus K. Brunnermeier
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Princeton University - Department of Economics
Downloads 152 (412,399)
Citation 173

Abstract:

Loading...

17.

Simple Allocation Rules and Optimal Portfolio Choice Over the Lifecycle

NBER Working Paper No. w29559
Number of pages: 56 Posted: 13 Dec 2021 Last Revised: 16 Apr 2023
Victor Duarte, Julia Fonseca, Aaron Goodman and Jonathan A. Parker
University of Illinois at Urbana-Champaign, University of Illinois at Urbana-Champaign, The Vanguard Group, Inc. and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 137 (448,276)

Abstract:

Loading...

18.

Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom

NBER Working Paper No. w12104
Number of pages: 58 Posted: 14 May 2006 Last Revised: 30 Jul 2022
Chang-Tai Hsieh and Jonathan A. Parker
University of Chicago - Booth School of Business and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 120 (497,915)
Citation 4

Abstract:

Loading...

19.

The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares

NBER Working Paper No. w16577
Number of pages: 51 Posted: 06 Dec 2010 Last Revised: 19 Apr 2023
Jonathan A. Parker and Annette Vissing-Jorgensen
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Federal Reserve Board
Downloads 118 (504,211)
Citation 21

Abstract:

Loading...

20.

Reported Effects vs. Revealed-Preference Estimates: Evidence From the Propensity to Spend Tax Rebates

Number of pages: 22 Posted: 29 Jan 2019
Jonathan A. Parker and Nicholas S. Souleles
Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Pennsylvania - Finance Department
Downloads 99 (573,743)
Citation 32

Abstract:

Loading...

Consumption, Tax Rebates, Survey Methodology, Revealed Preference

21.

Asymmetric Consumption Smoothing

NBER Working Paper No. w25086
Number of pages: 64 Posted: 24 Sep 2018 Last Revised: 19 Jul 2023
Brian Baugh, Itzhak Ben-David, Hoonsuk Park and Jonathan A. Parker
University of Nebraska at Lincoln, Ohio State University (OSU) - Department of Finance, University of Melbourne - Faculty of Business and Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 97 (581,426)
Citation 56

Abstract:

Loading...

22.

Measuring the Cyclicality of Real Wages: How Important is Composition Bias

NBER Working Paper No. w4202
Number of pages: 48 Posted: 18 Jun 2004 Last Revised: 26 Dec 2022
Gary Solon, Robert Barsky and Jonathan A. Parker
University of Arizona, Research Department, Federal Reserve Bank of Chicago and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 91 (605,535)
Citation 62

Abstract:

Loading...

23.

Spendthrift in America? on Two Decades of Decline in the U.S. Saving Rate

NBER Working Paper No. w7238
Number of pages: 58 Posted: 10 Jul 2000 Last Revised: 13 Oct 2022
Jonathan A. Parker
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 86 (627,085)
Citation 10

Abstract:

Loading...

24.

An Economic Model of the Planning Fallacy

NBER Working Paper No. w14228
Number of pages: 41 Posted: 18 Aug 2008 Last Revised: 18 Nov 2022
Markus K. Brunnermeier, Filippos Papakonstantinou and Jonathan A. Parker
Princeton University - Department of Economics, King’s College London and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 85 (631,485)
Citation 2

Abstract:

Loading...

25.

Consumer Spending and the Economic Stimulus Payments of 2008

NBER Working Paper No. w16684
Number of pages: 48 Posted: 18 Jan 2011 Last Revised: 02 Feb 2023
Jonathan A. Parker, Nicholas S. Souleles, David Johnson, David S. Johnson and Robert McClelland
Massachusetts Institute of Technology (MIT) - Sloan School of Management, University of Pennsylvania - Finance Department, University of Michigan at Ann Arbor, Government of the United States of America - Bureau of the Census and Bureau of Labor Statistics
Downloads 81 (649,669)
Citation 221

Abstract:

Loading...

26.

Consumption Risk and Cross-Sectional Returns

NBER Working Paper No. w9538
Number of pages: 46 Posted: 13 Mar 2003 Last Revised: 25 Jul 2022
Christian Julliard and Jonathan A. Parker
London School of Economics & Political Science (LSE) - Department of Finance and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 75 (678,585)
Citation 1

Abstract:

Loading...

27.

The Empirical Importance of Precautionary Saving

Downloads 75 (678,585)
Citation 3

The Empirical Importance of Precautionary Saving

NBER Working Paper No. w8107
Number of pages: 15 Posted: 03 Feb 2001 Last Revised: 28 Aug 2022
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 58 (792,144)

Abstract:

Loading...

The Empirical Importance of Precautionary Saving

Number of pages: 19 Posted: 13 Apr 2001
Pierre-Olivier Gourinchas and Jonathan A. Parker
University of California, Berkeley - Department of Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 17 (1,219,516)
Citation 3
  • Add to Cart

Abstract:

Loading...

Consumption, fluctuations, incomplete markets, insurance, precautionary saving, saving, wealth accumulation

28.

On Measuring the Effects of Fiscal Policy in Recessions

NBER Working Paper No. w17240
Number of pages: 27 Posted: 24 Jul 2011 Last Revised: 09 Feb 2023
Jonathan A. Parker
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 64 (739,023)
Citation 16

Abstract:

Loading...

29.

The Integrated Financial and Real System of National Accounts for the United States: Does it Presage the Financial Crisis?

NBER Working Paper No. w14663
Number of pages: 17 Posted: 25 Jan 2009 Last Revised: 27 Jul 2022
Michael Palumbo and Jonathan A. Parker
Board of Governors of the Federal Reserve System and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 64 (739,023)
Citation 2

Abstract:

Loading...

30.

Economic Impact Payments and Household Spending During the Pandemic

NBER Working Paper No. w30596
Number of pages: 46 Posted: 01 Nov 2022 Last Revised: 10 Jul 2023
Jonathan A. Parker, Jake Schild, Laura Erhard and David Johnson
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Bureau of Labor Statistics, Bureau of Labor Statistics and National Academies of Sciences
Downloads 59 (770,307)
Citation 7

Abstract:

Loading...

31.

Household Portfolios and Retirement Saving Over the Life Cycle

NBER Working Paper No. w29881
Number of pages: 107 Posted: 28 Mar 2022 Last Revised: 14 Apr 2023
Jonathan A. Parker, Antoinette Schoar, Allison Cole and Duncan Simester
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Massachusetts Institute of Technology (MIT) - Sloan School of Management, NBER and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 57 (790,436)
Citation 12

Abstract:

Loading...

32.

Consumption Risk and Expected Stock Returns

NBER Working Paper No. w9548
Number of pages: 18 Posted: 08 Mar 2003 Last Revised: 05 Aug 2022
Jonathan A. Parker
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 53 (811,907)
Citation 19

Abstract:

Loading...

33.

Household Spending Responses to the Economic Impact Payments of 2020: Evidence from the Consumer Expenditure Survey

NBER Working Paper No. w29648
Number of pages: 55 Posted: 18 Jan 2022 Last Revised: 06 Jul 2023
Jonathan A. Parker, Jake Schild, Laura Erhard and David Johnson
Massachusetts Institute of Technology (MIT) - Sloan School of Management, Bureau of Labor Statistics, Bureau of Labor Statistics and University of Michigan at Ann Arbor
Downloads 49 (842,296)
Citation 8

Abstract:

Loading...

34.

Who Bears Aggregate Fluctuations and How?

NBER Working Paper No. w14665
Number of pages: 15 Posted: 25 Jan 2009 Last Revised: 29 Jul 2022
Jonathan A. Parker and Annette Vissing-Jorgensen
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Federal Reserve Board
Downloads 48 (850,288)
Citation 9

Abstract:

Loading...

35.

A Dynamic Theory of Lending Standards

NBER Working Paper No. w27610
Number of pages: 60 Posted: 04 Aug 2020 Last Revised: 11 Jun 2023
Michael J. Fishman, Jonathan A. Parker and Ludwig Straub
Kellogg School of Management - Department of Finance, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Harvard University
Downloads 42 (901,558)

Abstract:

Loading...

36.

Valuation, Adverse Selection, and Market Collapses

NBER Working Paper No. w18358
Number of pages: 44 Posted: 08 Sep 2012 Last Revised: 01 Mar 2023
Michael J. Fishman and Jonathan A. Parker
Kellogg School of Management - Department of Finance and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 39 (929,252)
Citation 16

Abstract:

Loading...

37.

Accelerator or Brake? Cash for Clunkers, Household Liquidity, and Aggregate Demand

NBER Working Paper No. w22878
Number of pages: 39 Posted: 05 Dec 2016 Last Revised: 07 Jul 2023
Daniel Green, Brian Melzer, Jonathan A. Parker and Arcenis Rojas
Harvard Business School, Dartmouth College - Tuck School of Business, Massachusetts Institute of Technology (MIT) - Sloan School of Management and U.S. Bureau of Labor Statistics
Downloads 36 (958,594)
Citation 7

Abstract:

Loading...

38.

Optimal Expectation

Number of pages: 49 Posted: 03 Dec 2004
Jonathan A. Parker and Markus K. Brunnermeier
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Princeton University - Department of Economics
Downloads 31 (1,010,983)
Citation 1
  • Add to Cart

Abstract:

Loading...

Expectation, heterogenous beliefs, belief biases, consumption, saving, portfolio choice, overconfidence, gambling

39.

Leads on Macroeconomic Risks to and from the Household Sector

NBER Working Paper No. w18510
Number of pages: 26 Posted: 03 Nov 2012 Last Revised: 29 Jan 2023
Jonathan A. Parker
Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 22 (1,117,653)

Abstract:

Loading...

40.

Target Date Funds as Asset Market Stabilizers: Evidence from the Pandemic

NBER Working Paper No. w31640
Number of pages: 41 Posted: 06 Sep 2023
Jonathan A. Parker and Yang Sun
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Brandeis University- International Business School
Downloads 10 (1,260,804)
Citation 1
  • Add to Cart

Abstract:

Loading...

41.

April 15 Syndrome

Economic Inquiry, Volume 35, Number 4, October 1997
Posted: 11 May 1998
Joel B. Slemrod, Charles W. Christian, Rebecca London and Jonathan A. Parker
University of Michigan, Stephen M. Ross School of Business, Arizona State University, Berkeley Planning Associates and Massachusetts Institute of Technology (MIT) - Sloan School of Management

Abstract:

Loading...