Federal Reserve Bank of Minneapolis (2009)
Juan Carlos Conesa, Timothy J. Kehoe, Kim J. Ruhl, Juan Carlos, Conesa Timothy, J. Kehoe, ...
This article is a primer on the great depressions methodology developed by Cole and Ohanian (1999, 2007) and Kehoe and Prescott (2002, 2007). We use growth accounting and simple dynamic general...
Can We Really Observe Hyperbolic Discounting? ∗ (2007)
Jesús Fernández-villaverde, Arijit Mukherji, Juan Carlos Conesa, John Dickhaut, Carlos Garriga, Tom Holmes, ...
This paper proposes a new, more robust, experiment to test for the presence of hyperbolic discounting. Recently, a growing literature has studied intertemporal choice when individuals discount the...
Educational attainment and timing of fertility decisions (2002)
This paper focuses on timing of fertility decisions, conditional on the level of educational attainment of parents. Timing of fertility and educational attainment of parents rationalize the negative...
Sistema fiscal y reforma de la Seguridad Social (2001)
Conesa, Juan Carlos, Garriga, Carlos
El presente trabajo analiza desde un punto de vista cuantitativo, mediante un modelo de equilibrio general de generaciones sucesivas, los efectos sobre la economía española de eliminar el actual...
Macroeconomic effects of idiosyncratic uncertainty / (1999)
Thesis (Ph. D.)--University of Minnesota, 1999.
On the Optimal Progressivity of the Income Tax Code
Juan Carlos Conesa, Dirk Krueger
This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor productivity risk gives rise to a...
On the Optimal Progressivity of the Income Tax Code
Juan Carlos Conesa, Dirk Krueger
This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor productivity risk gives rise to a...
Taxing Capital? Not a Bad Idea After All!
Juan Carlos Conesa, Sagiri Kitao, Dirk Krueger
In this paper we quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks, where households also differ...
Taxing Capital? Not a Bad Idea After All!
Juan Carlos Conesa, Sagiri Kitao, Dirk Krueger
In this paper we quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks, where households also differ...
Optimal response to a transitory demographic shock in Social Security financing
Juan Carlos Conesa, Carlos Garriga
We examine the optimal policy response to a transitory demographic shock that affects negatively the financing of retirement pensions. In contrast to existing literature, we endogenously determine...
Taxing Capital? Not a Bad Idea After All!
Conesa, Juan Carlos, Kitao, Sagiri, Krüger, Dirk
In this paper we quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks, where households also differ...
On the Optimal Progressivity of the Income Tax Code
Juan Carlos Conesa, Dirk Krueger
This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labor productivity risk gives rise to a...
Sistema Fiscal y Reforma de la Seguridad Social
Juan Carlos Conesa, Carlos Garriga
El presente trabajo analiza desde un punto de vista cuantitativo, mediante un modelo de equilibrio general de generaciones sucesivas, los efectos sobre la economia espanola de eliminar el actual...
Educational attainment and timing of fertility decisions
This paper focuses on timing of fertility decisions, conditional on the level of educational attainment of parents. Timing of fertility and educational attainment of parents rationalize the negative...
Underground economy and aggregate fluctuations
Juan Carlos Conesa, Carlos Diaz Moreno
This paper explores the role of underground economic activities as an explanation for cross-country differences in registered aggregate fluctuations. In order to do so, we develop a two-sector Real...
Voiting on social security reform with heterogeneous agents
Juan Carlos Conesa, Dirk Krueger
This paper analyzes the quantitative role of idiosyncratic uncertainty in an economy in which rational agents vote on hypothetical social security reforms. We construct an Overlapping Generations...
Reforma del sistema de seguridad social y adquisicion de formacion
Juan Carlos Conesa, Carlos Garriga
This paper uses a overlapping generation general equilibrium model to study a reform of the social security system, going from an unfunded to a funded system. We also analyze the effects of this...
Vintage specific learning-by-doing
This paper focuses on timing of fertility decisions, conditional on the level of educational attainment of parents. Timing of fertility and educational attainment of parents rationalize the negative...
La financiacion del Sistema de Seguridad Social en Espana: Efectos dinamicos de una posible reforma
Juan Carlos Conesa, Carlos Garriga
Este articulo analiza los efectos de dos posibles reformas en la financiacion del actual sistema de Seguridad Social en Espana, y cuantifica los efectos de dichas reformas sobre los principales...
Explaining cross-country differences in participation rates and aggregate fluctuations
Conesa, Juan Carlos, Diaz-Moreno, Carlos, Galdon-Sanchez, Jose Enrique
Optimal fiscal policy in the design of Social Security reforms
Juan Carlos Conesa, Carlos Garriga
The quantitative macroeconomics literature has documented that in the basic Overlapping Generations model a privatization of the social security system, going from a Pay-As-You-Go to a Fully Funded...
Modeling great depressions: the depression in Finland in the 1990s
Juan Carlos Conesa, Timothy J. Kehoe, Kim J. Ruhl
This article is a primer on the great depressions methodology developed by Cole and Ohanian (1999, 2007) and Kehoe and Prescott (2002, 2007). We use growth accounting and simple dynamic general...
Modeling great depressions: the depression in Finland in the 1990s
Juan Carlos Conesa, Timothy J. Kehoe, Kim J. Ruhl
This paper is a primer on the great depressions methodology developed by Cole and Ohanian (1999, 2007) and Kehoe and Prescott (2002, 2007). We use growth accounting and simple dynamic general...
Taxing Capital? Not a Bad Idea After All!
Juan Carlos Conesa, Sagiri Kitao, Dirk Krueger
In this paper we quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks, where households also differ...
On the Optimal Progressivity of the Income Tax Code
Conesa, Juan Carlos, Krüger, Dirk
This paper computes the optimal progressivity of the income tax code in a dynamic general equilibrium model with household heterogeneity in which uninsurable labour productivity risk gives rise to a...
Status Quo Problem in Social Security Reforms.
Conesa, Juan Carlos, Garriga, Carlos
Several papers show that a privatization of the social security system will not be politically supported by the current generations. The asymmetry in the timing of welfare gains and losses is what...
Modeling Great Depressions: The Depression in Finland in the 1990s
Juan Carlos Conesa, Timothy J. Kehoe, Kim J. Ruhl
This paper is a primer on the great depressions methodology developed by Cole and Ohanian (1999, 2007) and Kehoe and Prescott (2002, 2007). We use growth accounting and simple dynamic general...
STATUS QUO PROBLEM IN SOCIAL SECURITY REFORMS
CONESA, JUAN CARLOS, GARRIGA, CARLOS
Several papers show that a privatization of the social security system will not be politically supported by the current generations. The asymmetry in the timing of welfare gains and losses is what...
Optimal response to a transitory demographic shock in social security financing
Juan Carlos Conesa, Carlos Garriga
The authors consider a transitory demographic shock that affects negatively the financing of retirement pensions-that is, workers either would have to pay more or retirees would receive less. In...
Generational policy and the macroeconomic measurement of tax incidence
Juan Carlos Conesa, Carlos Garriga
In this paper we show that the generational accounting framework used in macroeconomics to measure tax incidence can, in some cases, yield inaccurate measurements of the tax burden across age...
Taxing Capital? Not a Bad Idea after All!
Juan Carlos Conesa, Sagiri Kitao, Dirk Krueger
We quantitatively characterize the optimal capital and labor income tax in an overlapping generations model with idiosyncratic, uninsurable income shocks and permanent productivity differences of...
Generational policy and the macroeconomic measurement of tax incidence
Juan Carlos Conesa, Carlos Garriga
In this paper we show that the generational accounting framework used in macroeconomics to measure tax incidence can, in some cases, yield inaccurate measurements of the tax burden across age...