Francois Gourio

Names

Identifer

Contact

Affiliations

• Federal Reserve Bank of Chicago (weight: 99%)
  • EDIRC entry
  • location:
• Sciences Po / Sciences économiques (weight: 1%)
  • EDIRC entry
  • location:

Research profile

author of:

• Disaster Risk and Business Cycles
  American Economic Review, American Economic Association (2012)
  by Francois Gourio
  (ReDIF-article, aea:aecrev:v:102:y:2012:i:6:p:2734-66)
• Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
  American Economic Review, American Economic Association (2014)
  by Fran?ois Gourio & Leena Rudanko
  (ReDIF-article, aea:aecrev:v:104:y:2014:i:5:p:183-88)
• Firm Entry and Macroeconomic Dynamics: A State-Level Analysis
  American Economic Review, American Economic Association (2016)
  by François Gourio & Todd Messer & Michael Siemer
  (ReDIF-article, aea:aecrev:v:106:y:2016:i:5:p:214-18)
• Disasters and Recoveries
  American Economic Review, American Economic Association (2008)
  by Francois Gourio
  (ReDIF-article, aea:aecrev:v:98:y:2008:i:2:p:68-73)
• Firm Heterogeneity and the Long-Run Effects of Dividend Tax Reform
  American Economic Journal: Macroeconomics, American Economic Association (2010)
  by François Gourio & Jianjun Miao
  (ReDIF-article, aea:aejmac:v:2:y:2010:i:1:p:131-68)
• Credit Risk and Disaster Risk
  American Economic Journal: Macroeconomics, American Economic Association (2013)
  by François Gourio
  (ReDIF-article, aea:aejmac:v:5:y:2013:i:3:p:1-34)
• Risk Management for Monetary Policy Near the Zero Lower Bound
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2015)
  by Charles Evans & Jonas Fisher & Francois Gourio & Spencer Krane
  (ReDIF-article, bin:bpeajo:v:46:y:2015:i:2015-01:p:141-219)
• Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia
  Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution (2018)
  by Emmanuel Farhi & Francois Gourio
  (ReDIF-article, bin:bpeajo:v:49:y:2018:i:2018-02:p:147-250)
• Firm Heterogeneity and the Long-Run Effects of Dividend Tax Reform
  Boston University - Department of Economics - The Institute for Economic Development Working Papers Series, Boston University - Department of Economics (2006)
  by Francois Gourio & Jianjun Miao
  (ReDIF-paper, bos:iedwpr:dp-160)
• Operating Leverage,Stock Market Cyclicality,and the Cross-Section of Returns
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2005)
  by François Gourio
  (ReDIF-paper, bos:wpaper:wp2005-002)
• Firms’ Heterogeneous Sensitivities to the Business Cycle, and the Cross-Section of Expected Returns
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2006)
  by François Gourio
  (ReDIF-paper, bos:wpaper:wp2006-005)
• The Marginal Worker and The Aggregate Elasticity of Labor Supply
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2006)
  by François Gourio & Pierre-Alexandre Noual
  (ReDIF-paper, bos:wpaper:wp2006-009)
• Firm Heterogeneity and the Long-Run Effects of Dividend Tax Reform
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2006)
  by Francois Gourio & Jianjun Miao
  (ReDIF-paper, bos:wpaper:wp2006-053)
• Putty-Clay Technology And Stock Market Volatility
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2007)
  by Francois Gourio
  (ReDIF-paper, bos:wpaper:wp2007-005)
• Investment Spikes: New Facts And A General Equilibrium Exploration
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2007)
  by Francois Gourio & Anil K Kashyap
  (ReDIF-paper, bos:wpaper:wp2007-006)
• Disasters and Recoveries: A Note on the Barro-Rietz Explanation of the Equity Premium Puzzle
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2007)
  by Francois Gourio
  (ReDIF-paper, bos:wpaper:wp2007-007)
• Is there a majority to support a capital tax cut?
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2008)
  by François Gourio
  (ReDIF-paper, bos:wpaper:wp2008-001)
• Firm Heterogeneity and the Long-Run Effects of Dividend Tax Reform
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2008)
  by François Gourio & Jianjun Miao
  (ReDIF-paper, bos:wpaper:wp2008-002)
• Time-series predictability in the disaster model
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics (2008)
  by François Gourio
  (ReDIF-paper, bos:wpaper:wp2008-016)
• Transitional Dynamics of Dividend Tax Reform
  Boston University - Department of Economics - Working Papers Series, Boston University - Department of Economics ()
  by Francois Gourio & Jianjun Miao
  (ReDIF-paper, bos:wpaper:wp2008-021)
• The Cross-Section of Labor Leverage and Equity Returns
  Working Papers, Center for Economic Studies, U.S. Census Bureau (2017)
  by Andres Donangelo & François Gourio & Matthias Kehrig & Miguel Palacios
  (ReDIF-paper, cen:wpaper:17-70)
• Credit Risk and Disaster Risk
  CEPR Discussion Papers, C.E.P.R. Discussion Papers (2011)
  by Gourio, Francois
  (ReDIF-paper, cpr:ceprdp:8201)
• Macroeconomic implications of time-varying risk premia
  Working Paper Series, European Central Bank (2012)
  by Gourio, François
  (ReDIF-paper, ecb:ecbwps:20121463)
• Is there a majority to support a capital tax cut?
  Journal of Economic Dynamics and Control, Elsevier (2009)
  by Gourio, François
  (ReDIF-article, eee:dyncon:v:33:y:2009:i:6:p:1278-1295)
• Time-series predictability in the disaster model
  Finance Research Letters, Elsevier (2008)
  by Gourio, François
  (ReDIF-article, eee:finlet:v:5:y:2008:i:4:p:191-203)
• International risk cycles
  Journal of International Economics, Elsevier (2013)
  by Gourio, François & Siemer, Michael & Verdelhan, Adrien
  (ReDIF-article, eee:inecon:v:89:y:2013:i:2:p:471-484)
• The cross-section of labor leverage and equity returns
  Journal of Financial Economics, Elsevier (2019)
  by Donangelo, Andres & Gourio, François & Kehrig, Matthias & Palacios, Miguel
  (ReDIF-article, eee:jfinec:v:132:y:2019:i:2:p:497-518)
• Investment spikes: New facts and a general equilibrium exploration
  Journal of Monetary Economics, Elsevier (2007)
  by Gourio, Francois & Kashyap, Anil K
  (ReDIF-article, eee:moneco:v:54:y:2007:i:sup1:p:1-22)
• Putty-clay technology and stock market volatility
  Journal of Monetary Economics, Elsevier (2011)
  by Gourio, François
  (ReDIF-article, eee:moneco:v:58:y:2011:i:2:p:117-131)
• Firm Entry and Macroeconomic Dynamics: A State-level Analysis
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2016)
  by François Gourio & Todd Messer & Michael Siemer
  (ReDIF-paper, fip:fedgfe:2016-43)
• Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms
  Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) (2022)
  by Andrea Ajello & Nina Boyarchenko & François Gourio & Andrea Tambalotti
  (ReDIF-paper, fip:fedgfe:2022-05)
• The Effect of Winter Weather on U.S. Economic Activity
  Economic Perspectives, Federal Reserve Bank of Chicago (2015)
  by Justin Bloesch & François Gourio
  (ReDIF-article, fip:fedhep:00010)
• Seasonal and Business Cycles of U.S. Employment
  Economic Perspectives, Federal Reserve Bank of Chicago (2018)
  by Menelik Geremew & François Gourio
  (ReDIF-article, fip:fedhep:00032)
• What is the Economic Impact of the Slowdown in New Business Formation?
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2014)
  by François Gourio & Todd Messer & Michael Siemer
  (ReDIF-article, fip:fedhle:00013)
• The Effect of Weather on First-Quarter GDP
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2015)
  by François Gourio
  (ReDIF-article, fip:fedhle:00029)
• Recent Trends in Capital Accumulation and Implications for Investment
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2015)
  by François Gourio & Thomas H. Klier
  (ReDIF-article, fip:fedhle:00032)
• Changes in the Risk-Management Environment for Monetary Policy
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2017)
  by Jonas D. M. Fisher & François Gourio & Spencer D. Krane
  (ReDIF-article, fip:fedhle:00066)
• What is Driving the Return Spread Between “Safe” and “Risky” Assets?
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2019)
  by Emmanuel Farhi & François Gourio
  (ReDIF-article, fip:fedhle:00105)
• Has Business Fixed Investment Really Been Unusually Low?
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2019)
  by François Gourio
  (ReDIF-article, fip:fedhle:00106)
• The Rise of Intangible Investment and the Transmission of Monetary Policy
  Chicago Fed Letter, Federal Reserve Bank of Chicago (2023)
  by Joel M. David & François Gourio
  (ReDIF-article, fip:fedhle:96670)
• Risk Premia at the ZLB: A Macroeconomic Interpretation
  Working Paper Series, Federal Reserve Bank of Chicago (2020)
  by François Gourio & Phuong Ngo
  (ReDIF-paper, fip:fedhwp:87504)
• Adaptation and the Cost of Rising Temperature for the U.S. Economy
  Working Paper Series, Federal Reserve Bank of Chicago (2020)
  by Charles Fries & François Gourio
  (ReDIF-paper, fip:fedhwp:87687)
• Adaptation and the Cost of Rising Temperature for the U.S. economy
  Working Paper Series, Federal Reserve Bank of Chicago (2020)
  by Charles Fries & François Gourio
  (ReDIF-paper, fip:fedhwp:92772)
• Risk Premia at the ZLB: A Macroeconomic Interpretation
  Working Paper Series, Federal Reserve Bank of Chicago (2020)
  by François Gourio & Phuong Ngo
  (ReDIF-paper, fip:fedhwp:92785)
• Downward Nominal Rigidities and Bond Premia
  Working Paper Series, Federal Reserve Bank of Chicago (2024)
  by François Gourio & Phuong Ngo
  (ReDIF-paper, fip:fedhwp:98104)
• Credit risk and disaster risk
  Working Paper Series, Federal Reserve Bank of Chicago (2012)
  by François Gourio
  (ReDIF-paper, fip:fedhwp:wp-2012-07)
• Size-dependent regulations, firm size distribution, and reallocation
  Working Paper Series, Federal Reserve Bank of Chicago (2013)
  by François Gourio & Nicolas Roys
  (ReDIF-paper, fip:fedhwp:wp-2013-11)
• Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
  Working Paper Series, Federal Reserve Bank of Chicago (2014)
  by François Gourio & Leena Rudanko
  (ReDIF-paper, fip:fedhwp:wp-2014-02)
• Risk Management for Monetary Policy Near the Zero Lower Bound
  Working Paper Series, Federal Reserve Bank of Chicago (2015)
  by Charles L. Evans & Jonas D. M. Fisher & François Gourio & Spencer D. Krane
  (ReDIF-paper, fip:fedhwp:wp-2015-03)
• Firm Entry and Macroeconomic Dynamics: A State-level Analysis
  Working Paper Series, Federal Reserve Bank of Chicago (2016)
  by François Gourio & Todd Messer & Michael Siemer
  (ReDIF-paper, fip:fedhwp:wp-2016-01)
• The Tradeoffs in Leaning Against the Wind
  Working Paper Series, Federal Reserve Bank of Chicago (2017)
  by François Gourio & Anil K. Kashyap & Jae W. Sim
  (ReDIF-paper, fip:fedhwp:wp-2017-21)
• The Cross-Section of Labor Leverage and Equity Returns
  Working Paper Series, Federal Reserve Bank of Chicago (2017)
  by Andres Donangelo & François Gourio & Matthias Kehrig & Miguel Palacios
  (ReDIF-paper, fip:fedhwp:wp-2017-22)
• Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia
  Working Paper Series, Federal Reserve Bank of Chicago (2018)
  by Emmanuel Farhi & François Gourio
  (ReDIF-paper, fip:fedhwp:wp-2018-19)
• Financial Stability Considerations for Monetary Policy: Theoretical Mechanisms
  Staff Reports, Federal Reserve Bank of New York (2022)
  by Andrea Ajello & Nina Boyarchenko & François Gourio & Andrea Tambalotti
  (ReDIF-paper, fip:fednsr:93711)
• Comment on "The Tail That Keeps the Riskless Rate Low"
  NBER Chapters, National Bureau of Economic Research, Inc (2018)
  by François Gourio
  (ReDIF-chapter, nbr:nberch:14074)
• Investment Spikes: New Facts and a General Equilibrium Exploration
  NBER Working Papers, National Bureau of Economic Research, Inc (2007)
  by Francois Gourio & Anil K. Kashyap
  (ReDIF-paper, nbr:nberwo:13157)
• Firm Heterogeneity and the Long-run Effects of Dividend Tax Reform
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by Francois Gourio & Jianjun Miao
  (ReDIF-paper, nbr:nberwo:15044)
• Disasters Risk and Business Cycles
  NBER Working Papers, National Bureau of Economic Research, Inc (2009)
  by François Gourio
  (ReDIF-paper, nbr:nberwo:15399)
• Transitional Dynamics of Dividend and Capital Gains Tax Cuts
  NBER Working Papers, National Bureau of Economic Research, Inc (2010)
  by François Gourio & Jianjun Miao
  (ReDIF-paper, nbr:nberwo:16157)
• Credit Risk and Disaster Risk
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Francois Gourio
  (ReDIF-paper, nbr:nberwo:17026)
• Customer Capital
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by Francois Gourio & Leena Rudanko
  (ReDIF-paper, nbr:nberwo:17191)
• International Risk Cycles
  NBER Working Papers, National Bureau of Economic Research, Inc (2011)
  by François Gourio & Michael Siemer & Adrien Verdelhan
  (ReDIF-paper, nbr:nberwo:17277)
• Size-Dependent Regulations, Firm Size Distribution, and Reallocation
  NBER Working Papers, National Bureau of Economic Research, Inc (2012)
  by François Gourio & Nicolas A. Roys
  (ReDIF-paper, nbr:nberwo:18657)
• Can Intangible Capital Explain Cyclical Movements in the Labor Wedge?
  NBER Working Papers, National Bureau of Economic Research, Inc (2014)
  by Francois Gourio & Leena Rudanko
  (ReDIF-paper, nbr:nberwo:19900)
• The Tradeoffs in Leaning Against the Wind
  NBER Working Papers, National Bureau of Economic Research, Inc (2017)
  by François Gourio & Anil K. Kashyap & Jae Sim
  (ReDIF-paper, nbr:nberwo:23658)
• Accounting for Macro-Finance Trends: Market Power, Intangibles, and Risk Premia
  NBER Working Papers, National Bureau of Economic Research, Inc (2018)
  by Emmanuel Farhi & François Gourio
  (ReDIF-paper, nbr:nberwo:25282)
• Customer Capital
  The Review of Economic Studies, Review of Economic Studies Ltd (2014)
  by François Gourio & Leena Rudanko
  (ReDIF-article, oup:restud:v:81:y:2014:i:3:p:1102-1136)
• The Trade offs in Leaning Against the Wind
  IMF Economic Review, Palgrave Macmillan;International Monetary Fund (2018)
  by François Gourio & Anil K. Kashyap & Jae W. Sim
  (ReDIF-article, pal:imfecr:v:66:y:2018:i:1:d:10.1057_s41308-017-0043-3)
• Online Appendix to "Transitional Dynamics of Dividend and Capital Gains Tax Cuts"
  Online Appendices, Review of Economic Dynamics (2010)
  by Francois Gourio & Jianjun Miao
  (ReDIF-paper, red:append:08-187)
• Code and data files for "Transitional Dynamics of Dividend and Capital Gains Tax Cuts"
  Computer Codes, Review of Economic Dynamics (2010)
  by Francois Gourio & Jianjun Miao
  (ReDIF-software, red:ccodes:08-187)
• Transitional Dynamics of Dividend and Capital Gains Tax Cuts
  Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2011)
  by Francois Gourio & Jianjun Miao
  (ReDIF-article, red:issued:08-187)
• Operating Leverage, Stock Market Cyclicality, and the Cross-Section of Returns
  2005 Meeting Papers, Society for Economic Dynamics (2005)
  by Francois Gourio
  (ReDIF-paper, red:sed005:66)
• The Marginal Worker and the Aggregate Elasticity of Labor Supply
  2006 Meeting Papers, Society for Economic Dynamics (2006)
  by Francois Gourio & Pierre-Alexandre Noual
  (ReDIF-paper, red:sed006:509)
• Firms' Heterogeneous Sensitivities to the Business Cycle, and the Cross-Section of Expected Returns
  2006 Meeting Papers, Society for Economic Dynamics (2006)
  by Francois Gourio
  (ReDIF-paper, red:sed006:846)
• Firm Heterogeneity and the Long-Run Effects of Dividend Tax Reform
  2007 Meeting Papers, Society for Economic Dynamics (2007)
  by Jianjun Miao & Francois Gourio
  (ReDIF-paper, red:sed007:147)
• Investment Spikes: New Facts and a General Equilibrium Exploration
  2007 Meeting Papers, Society for Economic Dynamics (2007)
  by Anil Kashyap & Francois Gourio
  (ReDIF-paper, red:sed007:148)
• Labor Leverage, Firms Heterogeneous Sensitivities to the Business Cycle, and the Cross-Section of Returns
  2008 Meeting Papers, Society for Economic Dynamics (2008)
  by Boston University & Francois Gourio
  (ReDIF-paper, red:sed008:149)
• Disaster risk and business cycles
  2009 Meeting Papers, Society for Economic Dynamics (2009)
  by Francois Gourio
  (ReDIF-paper, red:sed009:1176)
• Credit risk and Disaster risk
  2010 Meeting Papers, Society for Economic Dynamics (2010)
  by Francois Gourio
  (ReDIF-paper, red:sed010:112)
• Customer Capital
  2010 Meeting Papers, Society for Economic Dynamics (2010)
  by Leena Rudanko & Francois Gourio
  (ReDIF-paper, red:sed010:121)
• International Disaster Risk, Business Cycles, and Exchange Rates
  2010 Meeting Papers, Society for Economic Dynamics (2010)
  by Adrien Verdelhan & Francois Gourio
  (ReDIF-paper, red:sed010:435)
• Customer capital and the business cycle
  2011 Meeting Papers, Society for Economic Dynamics (2011)
  by Leena Rudanko & Francois Gourio
  (ReDIF-paper, red:sed011:120)
• Financial Distress and Endogenous Uncertainty
  2013 Meeting Papers, Society for Economic Dynamics (2013)
  by Francois Gourio
  (ReDIF-paper, red:sed013:108)
• Size-Dependent Regulations, Firm Size Distribution, and Reallocation
  2013 Meeting Papers, Society for Economic Dynamics (2013)
  by Nicolas Roys & Francois Gourio
  (ReDIF-paper, red:sed013:199)
• Financial Distress and Endogenous Uncertainty
  2014 Meeting Papers, Society for Economic Dynamics (2014)
  by Francois Gourio
  (ReDIF-paper, red:sed014:1190)
• Debt Covenants and Macroeconomic Dynamics
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Francois Gourio & Pedro Gete
  (ReDIF-paper, red:sed015:1443)
• Risk Management for Monetary Policy at the Zero Lower Bound
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Francois Gourio & Jonas Fisher
  (ReDIF-paper, red:sed015:665)
• Uncertainty and International Capital Flows
  2015 Meeting Papers, Society for Economic Dynamics (2015)
  by Michael Siemer & Adrien Verdelhan & Francois Gourio
  (ReDIF-paper, red:sed015:880)
• Risk Premia at the ZLB: a macroeconomic interpretation
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Phuong Ngo & Francois Gourio
  (ReDIF-paper, red:sed016:1585)
• A Missing Generation of Firms? Aggregate Effects of the Decline in New Business Formation
  2016 Meeting Papers, Society for Economic Dynamics (2016)
  by Todd Messer & Michael Siemer & Francois Gourio
  (ReDIF-paper, red:sed016:752)
• Accounting for Medium-run Macro-finance Trends
  2017 Meeting Papers, Society for Economic Dynamics (2017)
  by Francois Gourio & Emmanuel Farhi
  (ReDIF-paper, red:sed017:1472)
• Weather Shocks and Climate Change
  2018 Meeting Papers, Society for Economic Dynamics (2018)
  by Charles Fries & Francois Gourio
  (ReDIF-paper, red:sed018:1159)
• Comment
  NBER Macroeconomics Annual, University of Chicago Press (2019)
  by François Gourio
  (ReDIF-article, ucp:macann:doi:10.1086/700904)
• Size‐dependent regulations, firm size distribution, and reallocation
  Quantitative Economics, Econometric Society (2014)
  by François Gourio & Nicolas Roys
  (ReDIF-article, wly:quante:v:5:y:2014:i::p:377-416)