Logan T Lewis
Biographic Data
| ID | 5730889 |
|---|---|
| NAME | Logan T Lewis |
| GIVEN NAMES | Logan T |
| FAMILY NAME | Lewis |
| SIGNATURE | LEWIS L T |
| AFFILIATIONS | University of Michigan |
| ORCID | 0000-0002-4414-1919 |
| VERIFIED | Yes |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 11 |
| AUTHOR COUNT | 2 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2011 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 1 |
Heavy tailed but not Zipf: Firm and establishment size in the United States
Heavy tails play an important role in modern macroeconomics and international economics. Previous work often assumes a Pareto distribution for firm size, typically with a shape parameter approaching Zipf's law. This convenient approximation has dramatic consequences for the importance of large firms in the economy. But we show that a lognormal distribution, or better yet, a convolution of a lognormal and a non‐Zipf Pareto distribution, provides a…
Does the Fed Respond to Oil Price Shocks
A common view in the literature is that systematic monetary policy responses to the inflation caused by oil price shocks have been an important source of aggregate fluctuations in the US economy. Earlier empirical evidence in support of such a link was based on inappropriate econometric models. We show that there is no credible evidence that monetary policy responses to oil price shocks caused large aggregate fluctuations in the 1970s and 1980s o…
Does the Fed Respond to Oil Price Shocks
A common view in the literature is that systematic monetary policy responses to the inflation caused by oil price shocks have been an important source of aggregate fluctuations in the US economy. Earlier empirical evidence in support of such a link was based on inappropriate econometric models. We show that there is no credible evidence that monetary policy responses to oil price shocks caused large aggregate fluctuations in the 1970s and 1980s o…
Does the Fed Respond to Oil Price Shocks
A common view in the literature is that systematic monetary policy responses to the inflation caused by oil price shocks have been an important source of aggregate fluctuations in the US economy. Earlier empirical evidence in support of such a link was based on inappropriate econometric models. We show that there is no credible evidence that monetary policy responses to oil price shocks caused large aggregate fluctuations in the 1970s and 1980s o…
Heavy tailed but not Zipf: Firm and establishment size in the United States
Heavy tails play an important role in modern macroeconomics and international economics. Previous work often assumes a Pareto distribution for firm size, typically with a shape parameter approaching Zipf's law. This convenient approximation has dramatic consequences for the importance of large firms in the economy. But we show that a lognormal distribution, or better yet, a convolution of a lognormal and a non‐Zipf Pareto distribution, provides a…
Econometrics (2 works) · Economics (2 works) · Aggregate (composite (1 works) · Aggregate demand (1 works) · Economic Growth and Productivity (1 works) · Endogeneity (1 works) · Energy, Environment, and Transportation Policies (1 works) · Firm Innovation and Growth (1 works) · Global trade and economics (1 works) · Heavy-tailed distribution (1 works)