John Leahy

Names

Identifer

Contact

Affiliations

• University of Michigan / Gerald R. Ford School of Public Policy (weight: 45%)
  • EDIRC entry
  • location:
• University of Michigan / Economics Department (weight: 45%)
  • EDIRC entry
  • location:
• National Bureau of Economic Research (NBER) (weight: 10%)
  • EDIRC entry
  • location:

Research profile

author of:

• Report of the Editor: American Economic Journal: Macroeconomics
  American Economic Review, American Economic Association (2013)
  by John Leahy
  (ReDIF-article, aea:aecrev:v:103:y:2013:i:3:p:727-31)
• Business as Usual, Market Crashes, and Wisdom after the Fact
  American Economic Review, American Economic Association (1994)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, aea:aecrev:v:84:y:1994:i:3:p:548-65)
• Trading Costs, Price, and Volume in Asset Markets
  American Economic Review, American Economic Association (1996)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, aea:aecrev:v:86:y:1996:i:2:p:192-96)
• Monetary Policy as a Process of Search
  American Economic Review, American Economic Association (1996)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, aea:aecrev:v:86:y:1996:i:4:p:689-702)
• Testing the (S, s) Model
  American Economic Review, American Economic Association (2000)
  by Erik Hurst & Christopher Foote & John Leahy
  (ReDIF-article, aea:aecrev:v:90:y:2000:i:2:p:116-119)
• Measuring Self-Control Problems
  American Economic Review, American Economic Association (2007)
  by John Ameriks & Andrew Caplin & John Leahy & Tom Tyler
  (ReDIF-article, aea:aecrev:v:97:y:2007:i:3:p:966-972)
• Age Structure and the Impact of Monetary Policy
  American Economic Journal: Macroeconomics, American Economic Association (2022)
  by John V. Leahy & Aditi Thapar
  (ReDIF-article, aea:aejmac:v:14:y:2022:i:4:p:136-73)
• Economic Theory and the World of Practice: A Celebration of the ( S , s ) Model
  Journal of Economic Perspectives, American Economic Association (2010)
  by Andrew Caplin & John Leahy
  (ReDIF-article, aea:jecper:v:24:y:2010:i:1:p:183-202)
• The Money Game
  New Economy, Institute for Public Policy Research (1997)
  by Andrew Caplin & John Leahy
  (ReDIF-article, bla:neweco:v:4:y:1997:i:1:p:26-29)
• Psychological Expected Utility Theory and Anticipatory Feelings
  Working Papers, C.V. Starr Center for Applied Economics, New York University (1997)
  by Caplin, Andrew & Leahy, John
  (ReDIF-paper, cvs:starer:97-37)
• Miracle on Sixth Avenue: Information Externalities and Search
  Economic Journal, Royal Economic Society (1998)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, ecj:econjl:v:108:y:1998:i:446:p:60-74)
• The supply of information by a concerned expert
  Economic Journal, Royal Economic Society (2004)
  by Andrew Caplin & John Leahy
  (ReDIF-article, ecj:econjl:v:114:y:2004:i:497:p:487-505)
• Aggregation and Optimization with State-Dependent Pricing
  Econometrica, Econometric Society (1997)
  by Andrew Caplin & John Leahy
  (ReDIF-article, ecm:emetrp:v:65:y:1997:i:3:p:601-626)
• Equilibrium in a durable goods market with lumpy adjustment
  Journal of Economic Theory, Elsevier (2006)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, eee:jetheo:v:128:y:2006:i:1:p:187-213)
• The recursive approach to time inconsistency
  Journal of Economic Theory, Elsevier (2006)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, eee:jetheo:v:131:y:2006:i:1:p:134-156)
• A graph theoretic approach to markets for indivisible goods
  Journal of Mathematical Economics, Elsevier (2014)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, eee:mateco:v:52:y:2014:i:c:p:112-122)
• Comparative statics in markets for indivisible goods
  Journal of Mathematical Economics, Elsevier (2020)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, eee:mateco:v:90:y:2020:i:c:p:80-94)
• A north-south model of structural change and growth
  Journal of Monetary Economics, Elsevier (2023)
  by Aristizabal-Ramirez, Maria & Leahy, John & Tesar, Linda L.
  (ReDIF-article, eee:moneco:v:133:y:2023:i:c:p:77-102)
• Mass layoffs and unemployment
  Journal of Monetary Economics, Elsevier (2000)
  by Caplin, Andrew & Leahy, John
  (ReDIF-article, eee:moneco:v:46:y:2000:i:1:p:121-142)
• Monetary policy and asset prices
  Journal of Monetary Economics, Elsevier (2002)
  by Gilchrist, Simon & Leahy, John V.
  (ReDIF-article, eee:moneco:v:49:y:2002:i:1:p:75-97)
• Discussion of "Baby boomer retirement security" by Annamaria Lusardi and Olivia Mitchell
  Journal of Monetary Economics, Elsevier (2007)
  by Leahy, John
  (ReDIF-article, eee:moneco:v:54:y:2007:i:1:p:225-228)
• The design of monetary and fiscal policy: a global perspective - comments
  Proceedings, Federal Reserve Bank of San Francisco (2005)
  by John V. Leahy
  (ReDIF-article, fip:fedfpr:y:2005:x:13)
• Monetary policy analysis in models without money (commentary)
  Review, Federal Reserve Bank of St. Louis (2001)
  by John V. Leahy
  (ReDIF-article, fip:fedlrv:y:2001:i:jul:p:145-164:n:v.83no.4:x:1)
• The social discount rate
  Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (2001)
  by Andrew Caplin & John V. Leahy
  (ReDIF-paper, fip:fedmem:137)
• A Phillips curve with an Ss foundation
  Working Papers, Federal Reserve Bank of Philadelphia (2006)
  by Mark Gertler & John V. Leahy
  (ReDIF-paper, fip:fedpwp:06-8)
• Asymetric Information, Adjustment Costs and Market Dynamics
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1991)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1565)
• The Optimality of Myopic Behaviour in a Competitive Model of Entry and Exit
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1991)
  by Leahy, J.V.
  (ReDIF-paper, fth:harver:1566)
• Business as Usual, Market Crashes, and Wisdom after the Fact
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1992)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1594)
• Aggregation and Optimization with State-Dependent Pricing
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1992)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1595)
• Statistical Properties of Regulated Brownian Motion
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1992)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1596)
• The Economic of Adjustment
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1655)
• Some Empirical Evidence on the Relationship Between Investment and Uncertainty
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)
  by Leahy, J.V. & Whited, T.M.
  (ReDIF-paper, fth:harver:1659)
• The Connection Between Optimal Stopping Problems and Optimal Control Problems in Discrete Time
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)
  by Leahy, J.V.
  (ReDIF-paper, fth:harver:1660)
• Miracle on Sixth Avenue: Information Externalities and Search
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1665)
• Mass Layoffs and Unemployment
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1993)
  by Caplin, A. & Leahy, J.
  (ReDIF-paper, fth:harver:1666)
• The International Transmission of Monetary Policy: Evidence from the United States and Canada
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1996)
  by Jason Furman & John V. Leahy
  (ReDIF-paper, fth:harver:1764)
• Fixed Costs: The Demise of Marginal q
  Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (1996)
  by Ricardo J. Caballero & John V. Leahy
  (ReDIF-paper, fth:harver:1765)
• Like a Good Neighbor: The Importance of Non-Linearities and Expectations in the Recent Crisis
  International Journal of Central Banking, International Journal of Central Banking (2013)
  by John Leahy
  (ReDIF-article, ijc:ijcjou:y:2013:q:2:a:13)
• The Effects of Real and Monetary Shocks in a Business Cycle Model with Some Sticky Prices: Comment
  Journal of Money, Credit and Banking, Blackwell Publishing (1995)
  by Leahy, John V
  (ReDIF-article, mcb:jmoncb:v:27:y:1995:i:4:p:1237-40)
• The Effect of Uncertainty on Investment: Some Stylized Facts
  Journal of Money, Credit and Banking, Blackwell Publishing (1996)
  by Leahy, John V & Whited, Toni M
  (ReDIF-article, mcb:jmoncb:v:28:y:1996:i:1:p:64-83)
• Trading Frictions and House Price Dynamics
  Journal of Money, Credit and Banking, Blackwell Publishing (2011)
  by Andrew Caplin & John Leahy
  (ReDIF-article, mcb:jmoncb:v:43:y:2011:i::p:283-303)
• A Survey of New Keynesian Theories of Aggregate Supply and Their Relation to Industrial Organization
  Journal of Money, Credit and Banking, Blackwell Publishing (2011)
  by John Leahy
  (ReDIF-article, mcb:jmoncb:v:43:y:2011:i::p:87-110)
• A North-South Model of Structural Change and Growth
  Working Papers, Research Seminar in International Economics, University of Michigan (2022)
  by Maria Aristizabal-Ramirez & John V. Leahy & Linda L. Tesar
  (ReDIF-paper, mie:wpaper:685)
• How Important Is Discrete Adjustment in Aggregate Fluctuations?
  NBER Chapters, National Bureau of Economic Research, Inc (2004)
  by Andrew Caplin & John Leahy
  (ReDIF-chapter, nbr:nberch:10753)
• Comment on "Are State and Time Dependent Models Really Different?"
  NBER Chapters, National Bureau of Economic Research, Inc (2016)
  by John Leahy
  (ReDIF-chapter, nbr:nberch:13769)
• Editorial in "NBER Macroeconomics Annual 2024, volume 39"
  NBER Chapters, National Bureau of Economic Research, Inc (2025)
  by John V. Leahy & Martin S. Eichenbaum & Valerie A. Ramey
  (ReDIF-chapter, nbr:nberch:15000)
• The Absent-Minded Consumer
  NBER Working Papers, National Bureau of Economic Research, Inc (2004)
  by John Ameriks & Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:10216)
• Measuring Self-Control
  NBER Working Papers, National Bureau of Economic Research, Inc (2004)
  by John Ameriks & Andrew Caplin & John Leahy & Tom Tyler
  (ReDIF-paper, nbr:nberwo:10514)
• A Phillips Curve with an Ss Foundation
  NBER Working Papers, National Bureau of Economic Research, Inc (2006)
  by Mark Gertler & John Leahy
  (ReDIF-paper, nbr:nberwo:11971)
• Trading Frictions and House Price Dynamics
  NBER Working Papers, National Bureau of Economic Research, Inc (2008)
  by Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:14605)
• Reassessing FHA Risk
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by Diego Aragon & Andrew Caplin & Sumit Chopra & John V. Leahy & Yann LeCun & Marco Scoffier & Joseph Tracy
  (ReDIF-paper, nbr:nberwo:15802)
• A Graph Theoretic Approach to Markets for Indivisible Goods
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by Andrew Caplin & John V. Leahy
  (ReDIF-paper, nbr:nberwo:16284)
• Comparative Statics in Markets for Indivisible Goods
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by Andrew Caplin & John V. Leahy
  (ReDIF-paper, nbr:nberwo:16285)
• Social Learning and Selective Attention
  NBER Working Papers, National Bureau of Economic Research, Inc (2015)
  by Andrew Caplin & John Leahy & Filip Matějka
  (ReDIF-paper, nbr:nberwo:21001)
• Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy
  NBER Working Papers, National Bureau of Economic Research, Inc (2017)
  by Andrew Caplin & Mark Dean & John Leahy
  (ReDIF-paper, nbr:nberwo:23652)
• Rational Inattention, Competitive Supply, and Psychometrics
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Andrew Caplin & Dániel Csaba & John Leahy & Oded Nov
  (ReDIF-paper, nbr:nberwo:25224)
• Wishful Thinking
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by Andrew Caplin & John V. Leahy
  (ReDIF-paper, nbr:nberwo:25707)
• Demographic Effects on the Impact of Monetary Policy
  NBER Working Papers, National Bureau of Economic Research, Inc (2019)
  by John V. Leahy & Aditi Thapar
  (ReDIF-paper, nbr:nberwo:26324)
• A North-South Model of Structural Change and Growth
  NBER Working Papers, National Bureau of Economic Research, Inc (2022)
  by Maria Aristizabal-Ramirez & John V. Leahy & Linda Tesar
  (ReDIF-paper, nbr:nberwo:30584)
• The Economics of Adjustment
  NBER Working Papers, National Bureau of Economic Research, Inc (1994)
  by Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:4687)
• Mass Layoffs and Unemployment
  NBER Working Papers, National Bureau of Economic Research, Inc (1994)
  by Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:4766)
• The Effect of Uncertainty on Investment: Some Stylized Facts
  NBER Working Papers, National Bureau of Economic Research, Inc (1995)
  by John V. Leahy & Toni M. Whited
  (ReDIF-paper, nbr:nberwo:4986)
• Fixed Costs: The Demise of Marginal q
  NBER Working Papers, National Bureau of Economic Research, Inc (1996)
  by Ricardo J. Caballero & John V. Leahy
  (ReDIF-paper, nbr:nberwo:5508)
• Durable Goods Cycles
  NBER Working Papers, National Bureau of Economic Research, Inc (1999)
  by Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:6987)
• The Timing of Purchases and Aggregate Fluctuations
  NBER Working Papers, National Bureau of Economic Research, Inc (2000)
  by John V. Leahy & Joseph Zeira
  (ReDIF-paper, nbr:nberwo:7672)
• The Social Discount Rate
  NBER Working Papers, National Bureau of Economic Research, Inc (2000)
  by Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:7983)
• An sS Model with Adverse Selection
  NBER Working Papers, National Bureau of Economic Research, Inc (2000)
  by Christopher L. House & John V. Leahy
  (ReDIF-paper, nbr:nberwo:8030)
• Retirement Consumption: Insights from a Survey
  NBER Working Papers, National Bureau of Economic Research, Inc (2002)
  by John Ameriks & Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:8735)
• Wealth Accumulation and the Propensity to Plan
  NBER Working Papers, National Bureau of Economic Research, Inc (2002)
  by John Ameriks & Andrew Caplin & John Leahy
  (ReDIF-paper, nbr:nberwo:8920)
• State-Dependent Pricing and the Dynamics of Money and Output
  The Quarterly Journal of Economics, President and Fellows of Harvard College (1991)
  by Andrew Caplin & John Leahy
  (ReDIF-article, oup:qjecon:v:106:y:1991:i:3:p:683-708.)
• Investment in Competitive Equilibrium: The Optimality of Myopic Behavior
  The Quarterly Journal of Economics, President and Fellows of Harvard College (1993)
  by John V. Leahy
  (ReDIF-article, oup:qjecon:v:108:y:1993:i:4:p:1105-1133.)
• Psychological Expected Utility Theory and Anticipatory Feelings
  The Quarterly Journal of Economics, President and Fellows of Harvard College (2001)
  by Andrew Caplin & John Leahy
  (ReDIF-article, oup:qjecon:v:116:y:2001:i:1:p:55-79.)
• Wealth Accumulation and the Propensity to Plan
  The Quarterly Journal of Economics, President and Fellows of Harvard College (2003)
  by John Ameriks & Andrew Caplin & John Leahy
  (ReDIF-article, oup:qjecon:v:118:y:2003:i:3:p:1007-1047.)
• Rational Inattention, Competitive Supply, and Psychometrics
  The Quarterly Journal of Economics, President and Fellows of Harvard College (2020)
  by Andrew Caplin & Dániel CsabaQuantCo & John Leahy & Oded Nov
  (ReDIF-article, oup:qjecon:v:135:y:2020:i:3:p:1681-1724.)
• Sectoral Shocks, Learning, and Aggregate Fluctuations
  The Review of Economic Studies, Review of Economic Studies Ltd (1993)
  by Andrew Caplin & John Leahy
  (ReDIF-article, oup:restud:v:60:y:1993:i:4:p:777-794.)
• The Timing of Purchases and Aggregate Fluctuations
  The Review of Economic Studies, Review of Economic Studies Ltd (2005)
  by John V. Leahy & Joseph Zeira
  (ReDIF-article, oup:restud:v:72:y:2005:i:4:p:1127-1151)
• Rational Inattention, Optimal Consideration Sets, and Stochastic Choice
  The Review of Economic Studies, Review of Economic Studies Ltd (2019)
  by Andrew Caplin & Mark Dean & John Leahy
  (ReDIF-article, oup:restud:v:86:y:2019:i:3:p:1061-1094.)
• State-Dependent Pricing and the New Keynesian Phillips Curve
  2004 Meeting Papers, Society for Economic Dynamics (2004)
  by John Leahy & Mark Gertler
  (ReDIF-paper, red:sed004:480)
• The Absentminded Consumer
  2004 Meeting Papers, Society for Economic Dynamics (2004)
  by John Leahy & Andrew Caplin
  (ReDIF-paper, red:sed004:784)
• Matching Micro and Macro Facts in a Model of State-Dependent Pricing
  2009 Meeting Papers, Society for Economic Dynamics (2009)
  by Jonathan Willis & John Leahy
  (ReDIF-paper, red:sed009:44)
• Retirement Consumption: Insights from a Survey
  The Review of Economics and Statistics, MIT Press (2007)
  by John Ameriks & Andrew Caplin & John Leahy
  (ReDIF-article, tpr:restat:v:89:y:2007:i:2:p:265-274)
• Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy
  Journal of Political Economy, University of Chicago Press (2022)
  by Andrew Caplin & Mark Dean & John Leahy
  (ReDIF-article, ucp:jpolec:doi:10.1086/719276)
• An sS Model with Adverse Selection
  Journal of Political Economy, University of Chicago Press (2004)
  by Christopher L. House & John V. Leahy
  (ReDIF-article, ucp:jpolec:v:112:y:2004:i:3:p:581-614)
• The Social Discount Rate
  Journal of Political Economy, University of Chicago Press (2004)
  by Andrew Caplin & John Leahy
  (ReDIF-article, ucp:jpolec:v:112:y:2004:i:6:p:1257-1268)
• A Phillips Curve with an Ss Foundation
  Journal of Political Economy, University of Chicago Press (2008)
  by Mark Gertler & John Leahy
  (ReDIF-article, ucp:jpolec:v:116:y:2008:i:3:p:533-572)
• Comment
  NBER Macroeconomics Annual, University of Chicago Press (2017)
  by John Leahy
  (ReDIF-article, ucp:macann:doi:10.1086/690254)
• A Survey of New Keynesian Theories of Aggregate Supply and Their Relation to Industrial Organization
  Journal of Money, Credit and Banking, Blackwell Publishing (2011)
  by John Leahy
  (ReDIF-article, wly:jmoncb:v:43:y:2011:i:s1:p:87-110)
• Trading Frictions and House Price Dynamics
  Journal of Money, Credit and Banking, Blackwell Publishing (2011)
  by Andrew Caplin & John Leahy
  (ReDIF-article, wly:jmoncb:v:43:y:2011:i:s2:p:283-303)