Jonathan Parker

International Programs Professor in Management
Professor of Finance

Biography | Selected Publications

NBER Macroeconomic Annual 2013, Volume 28 (2014)

LEADS on Macroeconomic Risks to and from the Household Sector in Systemic Risk amd Macro Modeling (2013)

NBER Macreconomics Annual 2012 (2013)

On Measuring the Effects of Fiscal Policy in Recessions (2011)

The Increase in Income Cyclicality of High-Income Households and its Relation to the Rise in Top Income Shares (2010)

The Integrated Financial and Real System of National Accounts for the United States: Does it Presage the Financial Crisis? (2009)

"Euler Equations," in New Palgrave Dictionary of Economics (2008)

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns (2007)

Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom (2007)

Household Expenditure and the Income Tax Rebates of 2001 (2006)

Consumption Risk and the Cross-Section of Expected Returns (2005)

Optimal Expectations (2005)

Precautionary Saving and Consumption Fluctuations (2005)

Luxury Goods and the Equity Premium (2004)

Consumption Risk and Expected Stock Returns (2003)

Consumption Over the Life Cycle (2002)

Discussion of: Athanasios Orphanides and John Williams `Robust Monetary Policy Rules with Unknown Natural Rates (2002)

The Consumption Risk of the Stock Market (2001)

The Empirical Importance of Precautionary Saving (2001)

Discussion of: "Real Estate and the Macroeconomy (2000)

Spendthrift in America? On two decades of decline in the U.S. saving rate in NBER Macroeconomics Annual 1999 (2000)

The Reaction of Household Consumption to Predictable Changes in Social Security Taxes (1999)

April 15 Syndrome (1997)

Measuring the Cyclicality of Real Wages: How Important is the Composition Bias? (1994)


Contact Information
Office: E62-642
Tel: (617) 253-7218
Support Staff
Name: Safia Albaiti
Tel: (617) 253-9747

General Expertise
Asset pricing; Bitcoin; Central banks; Currency; Equities; Euro; Exchange rates; Federal budget; Finance; Fiscal austerity; Fiscal cliff; Fiscal policies; Global economics; Great Recession; Intertemporal choice; Investment strategies; Macroeconomics; Monetary policy; Personal finance; Portfolio choice; Recession; Retirement finance; Savings rates; Securitization; Security prices; Stimulus