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Yoon Joo Jo
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Yoon Joo Jo
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Working Papers

How Partisanship Shapes Economic Expectations:  Evidence from the 2025 U.S. Tariff Announcement, with Jorge Hirs Garzón and Taewon Hwang. (Draft available upon request) 

Deception Aversion, with Béla Elmshauser and Evan Friedman.

Revisiting Wage Rigidity and Welfare in Currency Unions: The Role of Downward Nominal Wage Rigidity, with Joonseok Oh. 

Publication

Fueling Expectations: The Causal Impact of Gas Prices on Inflation Expectations and Consumption (slides), with Ben Klopack ,  Journal of Monetary Economics, Volume 153, 2025, 103797. 

Beyond the Spike at Zero: Understanding Nominal Wage Rigidity through Empirical and Model-Based Approaches, Journal of International Economics, Volume 157, 2025, 104117.

Download State-level DNWR measures (link)

State dependent government spending multipliers: Downward nominal wage rigidity and sources of business cycle fluctuations (slides), with Sarah Zubairy, NBER Working Paper 30025,  Mosbacher Institute: the Takeaway, American Economic Journal: Macroeconomics, 17(1): 379-413 (Replication package).

The impact of retail e-commerce on relative prices and consumer welfare, with Misaki Matsumura and David E. Weinstein, NBER Working Paper 26506, The Review of Economics and Statistics (2024) 106 (6):1675-1689. 


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