

,-------------------.
|  BIBTEX ENTRIES   |
`-------------------'

@article{BSinKS,
  author =        {Carroll, Christopher D. and Slacalek, Jiri and
                   Tokuoka, Kiichi},
  journal =       {Manuscript, Johns Hopkins University},
  note =          {At
  \href{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}{http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf}},
  title =         {Digestible Microfoundations: Buffer Stock Saving in a
                   Krusell-Smith World},
  year =          {2011},
  url =           {http://econ.jhu.edu/people/ccarroll/papers/BSinKS.pdf},
}

@incollection{friedman:windfalls,
  author =        {Friedman, Milton A.},
  booktitle =     {Measurement in Economics},
  editor =        {Christ, Carl},
  pages =         {1--28},
  publisher =     {Stanford University Press},
  title =         {Windfalls, the `Horizon,' and Related Concepts in the
                   Permanent Income Hypothesis},
  year =          {1963},
}

@article{taylorFiscal,
  author =        {Taylor, John B.},
  journal =       {The American Economic Review},
  number =        {2},
  pages =         {550--555},
  publisher =     {JSTOR},
  title =         {The Lack of an Empirical Rationale for a Revival of
                   Discretionary Fiscal Policy},
  volume =        {99},
  year =          {2009},
}

@article{zandiFiscal,
  author =        {Zandi, Mark},
  journal =       {Testimony before the House Budget Committee, July 1},
  title =         {Perspectives on the Economy},
  year =          {2010},
}

@article{romerFiscal,
  author =        {Romer, Christina D.},
  journal =       {Speech at Hamilton College, November},
  title =         {What Do We Know about the Effects of Fiscal Policy?
                   Separating Evidence from Ideology},
  year =          {2011},
}

@article{ssBang,
  author =        {Shapiro, Matthew D. and Joel Slemrod},
  journal =       {Manuscript, University of Michigan},
  note =
  {\url{http://www-personal.umich.edu/~shapiro/papers/Rebate2008-2008-12-27-assa-draft.pdf}},
  title =         {Did the 2008 Tax Rebates Stimulate Spending?},
  year =          {2009},
  url =           {http://www-personal.umich.edu/~shapiro/papers/
                   Rebate2008-2008-12-27-assa-draft.pdf},
}

@article{jpsTax,
  author =        {Johnson, David S. and Parker, Jonathan A. and
                   Souleles, Nicholas S.},
  journal =       {American Economic Review},
  month =         {December},
  number =        {5},
  pages =         {1589-1610},
  title =         {Household Expenditure and the Income Tax Rebates of
                   2001},
  volume =        {96},
  year =          {2006},
  url =           {http://ideas.repec.org/a/aea/aecrev/
                   v96y2006i5p1589-1610.html},
}

@techreport{aslCredit,
  author =        {Agarwal, Sumit and Chunlin Liu and
                   Nicholas S. Souleles},
  institution =   {National Bureau of Economic Research},
  note =          {\url{http://www.nber.org/papers/w13694}},
  title =         {The Reaction of Consumer Spending and Debt to Tax
                   Rebates--Evidence from Consumer Credit Data},
  year =          {2007},
  url =           {http://www.nber.org/papers/w13694},
}

@book{friedman:atheory,
  author =        {Friedman, Milton A.},
  publisher =     {Princeton University Press},
  title =         {A Theory of the Consumption Function},
  year =          {1957},
}

@article{psjmStim,
  author =        {Parker, Jonathan A. and Souleles, Nicholas S. and
                   Johnson, David S. and McClelland, Robert},
  institution =   {National Bureau of Economic Research, Inc},
  journal =       {NBER Working Paper Number W16684},
  month =         jan,
  title =         {Consumer Spending and the Economic Stimulus Payments
                   of 2008},
  year =          {2011},
}

@article{kreinin:mpc,
  author =        {Kreinin, Mordecai E.},
  journal =       {American Economic Review},
  pages =         {388-390},
  title =         {Windfall Income and Consumption: Additional Evidence},
  volume =        {51},
  year =          {1961},
}

@book{mayer:pihbook,
  address =       {Berkeley},
  author =        {Mayer, Thomas},
  publisher =     {University of California Press},
  title =         {Permanent Income, Wealth, and Consumption},
  year =          {1972},
}

@article{jpMPC,
  author =        {Jappelli, Tullio and Pistaferri, Luigi},
  journal =       {Annual Reviews of Economics},
  number =        {1},
  pages =         {479--506},
  publisher =     {Annual Reviews},
  title =         {The Consumption Response to Income Changes},
  volume =        {2},
  year =          {2010},
}

@article{carroll&kimball:concavity,
  author =        {Carroll, Christopher D. and Kimball, Miles S.},
  journal =       {Econometrica},
  note =
  {\url{http://econ.jhu.edu/people/ccarroll/concavity.pdf}},
  number =        {4},
  pages =         {981--992},
  title =         {On the {C}oncavity of the {C}onsumption {F}unction},
  volume =        {64},
  year =          {1996},
  url =           {http://econ.jhu.edu/people/ccarroll/concavity.pdf},
}

@article{DisneyEtAl:2010,
  author =        {Disney, Richard and Gathergood, John and
                   Henley, Andrew},
  journal =       {Journal of the European Economic Association},
  month =         {December},
  number =        {6},
  pages =         {1179-1207},
  title =         {House Price Shocks, Negative Equity, and Household
                   Consumption in the United Kingdom},
  volume =        {8},
  year =          {2010},
}

@article{cqs05,
  author =        {Karl E. Case and John M. Quigley and
                   Robert J. Shiller},
  journal =       {Advances in Macroeconomics},
  number =        {1},
  pages =         {1--32},
  title =         {Comparing Wealth Effects: The Stock Market Versus the
                   Housing Market},
  volume =        {5},
  year =          {2005},
}

@techreport{cqsUpdate,
  author =        {Case, Karl E. and Quigley, John M. and
                   Shiller, Robert J.},
  institution =   {Cowles Foundaion for Reserch in Economics, Yale
                   University},
  month =         {February},
  number =        {1784},
  type =          {Cowles Foudation Discussion Paper},
  title =         {Wealth Effects Revisited 1978-2009},
  year =          {2011},
}

@article{mrsBalance,
  author =        {Atif Mian and Kamalesh Rao and Amir Sufi},
  journal =       {Manuscript, University of California at Berkeley},
  title =         {Household Balance Sheets, Consumption, and the
                   Economic Slump},
  year =          {2011},
}

@inbook{IMFweo2012,
  author =        {{International Monetary Fund}},
  chapter =       {3},
  month =         {April},
  note =          {Available at
  \url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/text.pdf}},
  publisher =     {International Monetary Fund},
  title =         {World Economic Outlook, 2012},
  year =          {2012},
  url =           {\url{http://www.imf.org/external/pubs/ft/weo/2012/01/pdf/
                   text.pdf}},
}

@article{dynanDeleveraging,
  author =        {Dynan, Karen E.},
  journal =       {Brookings Papers on Economic Activity},
  month =         {March},
  note =
  {\url{http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/2012_spring_bpea_papers/2012_spri}},
  title =         {Is Household Debt Overhang Holding Back Consumption?},
  year =          {2012},
  url =           {http://www.brookings.edu/~/media/Files/Programs/ES/BPEA/
                   2012_spring_bpea_papers/2012_spri},
}

@article{ssModeration,
  author =        {Sabelhaus, John and Song, Jae},
  journal =       {Journal of Monetary Economics},
  month =         {May},
  note =
  {\url{http://ideas.repec.org/a/eee/moneco/v57y2010i4p391-403.html}},
  number =        {4},
  pages =         {391-403},
  title =         {The Great Moderation in Micro Labor Earnings},
  volume =        {57},
  year =          {2010},
  abstract =      {Between 1980 and the early 1990s the variability of
                   labor earnings growth rates across the prime-age
                   working population fell significantly. This decline
                   and timing are consistent with other macro and micro
                   observations about growth variability that are
                   collectively referred to as the \&quot;Great
                   Moderation.\&quot; The variability of earnings growth
                   is negatively correlated with age at any point in
                   time, and the U.S. working age population got older
                   during this period because the Baby Boom was aging.
                   However, the decrease in variability was roughly
                   uniform across all age groups, so population aging is
                   not the source of the overall decline. The variance
                   of log changes also declined at multi-year
                   frequencies in such a way as to suggest that both
                   permanent and transitory components of earnings
                   shocks became more moderate. A simple identification
                   strategy for separating age and cohort effects shows
                   a very intuitive pattern of permanent and transitory
                   shocks over the life cycle, and confirms that a shift
                   over time in the stochastic process occurred even
                   after controlling for age effects.},
  url =           {http://ideas.repec.org/a/eee/moneco/
                   v57y2010i4p391-403.html},
}

@article{lstFragile,
  author =        {Lusardi, Annamaria and Schneider, Daniel J. and
                   Peter Tufano},
  journal =       {NBER Working Paper Number 17072},
  note =          {\url{http://www.nber.org/papers/w17072}},
  number =        {17072},
  publisher =     {National Bureau of Economic Research, Inc},
  title =         {Financially Fragile Households: Evidence and
                   Implications},
  year =          {2011},
  url =           {http://www.nber.org/papers/w17072},
}

@techreport{hall:slump,
  author =        {Hall, Robert E.},
  institution =   {{ASSA M}eetings, Denver},
  type =          {{AEA} {P}residential {A}ddress},
  title =         {The Long Slump},
  year =          {2011},
}

@article{laibson:goldeneggs,
  author =        {Laibson, David},
  journal =       {Quarterly Journal of Economics},
  number =        {2},
  pages =         {443-477},
  title =         {Golden Eggs and Hyperbolic Discounting},
  volume =        {CXII},
  year =          {1997},
}

@article{KaplanViolante:2011,
  author =        {Greg Kaplan and Giovanni L. Violante},
  institution =   {National Bureau of Economic Research, Inc},
  journal =       {NBER Working Paper Number W17338},
  month =         aug,
  title =         {A Model of the Consumption Response to Fiscal
                   Stimulus Payments},
  year =          {2011},
}

@article{sssMail,
  author =        {Claudia R. Sahm and Matthew D. Shapiro and
                   Joel Slemrod},
  journal =       {FEDS Working Paper No. 2010-40},
  title =         {Check in the Mail or More in the Paycheck: Does the
                   Effectiveness of Fiscal Stimulus Depend on How It Is
                   Delivered?},
  year =          {2010},
}

@article{summersWolf,
  author =        {Summers, Lawrence H.},
  journal =       {Financial Times video interview},
  note =          {\url{http://tinyurl.com/dl201108a}},
  title =         {Larry Summers and Martin Wolf on New Economic
                   Thinking},
  year =          {2011},
  url =           {http://tinyurl.com/dl201108a},
}

@article{delongSage,
  author =        {deLong, J.~Bradford},
  journal =       {Rethinking Finance: Perspectives on the Crisis},
  note =          {\url{http://www.russellsage.org/rethinking-finance}},
  title =         {This Time, It Is {\it Not} Different},
  year =          {2012},
  url =           {http://www.russellsage.org/rethinking-finance},
}

@misc{krugmanDarkAgeBlog,
  author =        {Krugman, Paul},
  howpublished =
  {\url{http://krugman.blogs.nytimes.com/2009/01/27/a-dark-age-of-macroeconomics-wonkish/}},
  journal =       {New York Times},
  number =        {January 27},
  type =          {Blog},
  title =         {A Dark Age of Macroeconomics},
  year =          {2009},
}

@article{bernanke&gertler&gilchrist:accellerator,
  author =        {Bernanke, Benjamin and Gertler, Mark and
                   Gilchrist, Simon},
  journal =       {Review of Economics and Statistics},
  pages =         {1-15},
  title =         {The Financial Accellerator and the Flight to Quality},
  volume =        {78},
  year =          {1996},
}

@incollection{modigliani&brumberg:lifecycle,
  address =       {New Brunswick, N.J.},
  author =        {Modigliani, Franco and Brumberg, Richard},
  booktitle =     {Post-Keynesian Economics},
  editor =        {Kurihara, Kenneth K.},
  pages =         {388--436},
  publisher =     {Rutgers University Press},
  title =         {Utility Analysis and the Consumption Function: An
                   Interpretation of Cross-Section Data},
  year =          {1954},
}

