identification in macroeconomics - university of...
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Identification in
Macroeconomics
by Emi Nakamura and Jón SteinssonJournal of Economic Perspectives
Volume 32, Number 3—Summer 2018—Pages 59–86
James J. Heckman
Econ 312, Spring 2019
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Nakamura and Steinsson Identification in Macroeconomics
The Power of Portable Statistics
Micro and Macro Moments
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Nakamura and Steinsson Identification in Macroeconomics
Causal Effects as Identified Moments
Aggregate versus Cross-Sectional Identification
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Nakamura and Steinsson Identification in Macroeconomics
Fiscal Stimulus: Aggregate Evidence
Fiscal Stimulus: Cross-Sectional Evidence
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Nakamura and Steinsson Identification in Macroeconomics
Monetary Policy: What Is the Best Evidence We Have?
Large Shocks
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Nakamura and Steinsson Identification in Macroeconomics
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Nakamura and Steinsson Identification in Macroeconomics
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Nakamura and Steinsson Identification in Macroeconomics
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Nakamura and Steinsson Identification in Macroeconomics
Discontinuity-Based Identification
Using the Narrative Record to Identify Shocks
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Nakamura and Steinsson Identification in Macroeconomics
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Nakamura and Steinsson Identification in Macroeconomics
Controlling for Confounding Factors
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Nakamura and Steinsson Identification in Macroeconomics
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Nakamura and Steinsson Identification in Macroeconomics
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Nakamura and Steinsson Identification in Macroeconomics
What Do We Do with These Shocks?
Conclusion