Jeff Campbell's Publications

Euro notes and coins bananas, the standard unit of account. Supply and Demand determine Price and Quantity. Spice market in Morocco Bank of England on Threadneedle Street, London An extensive form game Amsterdam tulip market (Photo by Jim Derda) German stamp commemorating 500 years of the Gallimarkt market festival in the city of Leer. Cost Curves Judean Half Sheckel from 66-70 CE. Licensed under the Creative Commons Attribution ShareAlike 2.5 License by CNG coins (www.cngcoins.com) A woman operating a Rural Electrification Adminstration washing machine circa 1938 Chicago Board of Trade (Photo by Brett Gustafson)

Journal Articles

Competition in Large Markets
forthcoming in Journal of Applied Econometrics
Please see the paper's replication file for more information.

Last-In First-Out Oligopoly Dynamics (with Jaap H. Abbring).
forthcoming in Econometrica
Please see the paper's replication file and our industry dynamics site for more information.

A Conversation with 590 Nascent Entrepreneurs (with Mariacristina De Nardi).
Annals of Finance In Press
(Please see the paper's replication file for an updated version with corrections.)

Welfare Implications of the Transition to High Household Debt (with Zvi Hercowitz)
Journal of Monetary Economics, 56(1), 1-16. January 2009

Market Size Matters (with Hugo Hopenhayn).
Journal of Industrial Economics, 53(1), 1-25. March 2005
(An erratum with corrected tables appears in 55(2), 373-378.)

Real Exchange Rate Fluctuations and the Dynamics of Retail Trade Industries on the U.S.-Canada Border (with Beverly Lapham).
American Economic Review, 94(4), 1194-1206. September 2004.

Idiosyncratic Risk and Aggregate Employment Dynamics (with Jonas D.M. Fisher).
Review of Economic Dynamics, 7(2), 331-353. April 2004.

Aggregate Employment Fluctuations with Microeconomic Asymmetries (with Jonas D.M. Fisher).
American Economic Review, 90(5) 1323-1345. December 2000.

Entry, Exit, Embodied Technology, and Business Cycles.
Review of Economic Dynamics, 1(2), 371-408. April 1998.

Macroeconomic Effects of Employment Reallocation (with Kenneth N. Kuttner).
Carnegie-Rochester Conference Series on Public Policy, 44 87-116. June 1996.

Articles in Federal Reserve Publications

How the U.S. Economy Resembles a (very) Big Business.
Federal Reserve Bank of Chicago Economic Perspectives, 32(3), 29-46. 2008.
This article introduces the reader to national income accounting and its uses in basic business cycle analysis.

Consumption-Based Macroeconomic Forecasting (with Spencer D. Krane).
Federal Reserve Bank of Chicago Economic Perspectives, 29(4), 52-70. 2005.

Creative Destruction in Local Markets (with Jaap H. Abbring).
Federal Reserve Bank of Chicago Economic Perspectives, 28(2), 50-60. 2004.

Understanding Aggregate Job Flows (with Jonas D.M. Fisher).
Federal Reserve Bank of Chicago Economic Perspectives, 21(5), 19-37. 1997.

Long-Run Labor Market Dynamics and Short-Run Inflation (with Ellen R. Rissman).
Federal Reserve Bank of Chicago Economic Perspectives, 18(2), 15-27. 1994.

Notes and Comments

Comment on “The Role of Retail Chains: National, Regional and Industry Results”, by Ronald S. Jarmin, Shawn D. Klimek, and Javier Miranda.
in Producer Dynamics: New Evidence from Micro Data edited by Timothy Dunne, J. Brandford Jensen, and Mark J. Roberts. 2009.

Measuring and Analyzing Aggregate Fluctuations: The Importance of Building from Microeconomic Evidence

in The Federal Reserve Bank of St. Louis Review 79(3), 83-86. May/June 1997.

Median Unbiasedness of Estimators of Panel Data Censored Regression Models (with Bo E. Honoré).
Econometric Theory, 9(3), 499-503. June 1993.