Guido Menzio

Department of Economics
New York University
19 West 4th Street,
New York, NY 10012

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
NBER Program Affiliations: EFG
NBER Affiliation: Research Associate
Institutional Affiliation: New York University

NBER Working Papers and Publications

August 2020Jacks of All Trades and Masters of One: Declining Search Frictions and Unequal Growth
with Paolo Martellini: w27758
June 2020Revisiting the Hypothesis of High Discounts and High Unemployment
with Paolo Martellini, Ludo Visschers: w27428
May 2020Pandemic Recession: L or V-Shaped?
with Victoria Gregory, David G. Wiczer: w27105

Published: Victoria Gregory & Guido Menzio & David Wiczer, 2020. "Pandemic Recession: L- or V-Shaped?," Quarterly Review, vol 40(1).

October 2018Production and Learning in Teams
with Kyle Herkenhoff, Jeremy Lise, Gordon M. Phillips: w25179
April 2018Declining Search Frictions, Unemployment and Growth
with Paolo Martellini: w24518
December 2017Intermediation as Rent Extraction
with Maryam Farboodi, Gregor Jarosch: w24171
December 2016Evidence on the Relationship between Recruiting and Starting Wage
with R. Jason Faberman: w22915

Published: R. Jason Faberman & Guido Menzio, 2017. "Evidence on the relationship between recruiting and the starting wage," Labour Economics, . citation courtesy of

January 2016Relative Price Dispersion: Evidence and Theory
with Greg Kaplan, Leena Rudanko, Nicholas Trachter: w21931


November 2015Agency Business Cycles
with Mikhail Golosov: w21743
August 2015Intra Firm Bargaining and Shapley Values
with Björn Brügemann, Pieter Gautier: w21508

Published: Björn Brügemann, Pieter Gautier, Guido Menzio; Intra Firm Bargaining and Shapley Values, The Review of Economic Studies citation courtesy of

Equilibrium Price Dispersion Across and Within Stores
with Nicholas Trachter: w21493

Published: Guido Menzio & Nicholas Trachter, 2017. "Equilibrium price dispersion across and within stores," Review of Economic Dynamics, .

March 2014Large and Small Sellers: A Theory of Equilibrium Price Dispersion with Sequential Search
with Nicholas Trachter: w19990
January 2014The Morphology of Price Dispersion
with Greg Kaplan: w19877

Published: Greg Kaplan & Guido Menzio, 2015. "The Morphology Of Price Dispersion," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 56, pages 1165-1206, November. citation courtesy of

May 2013(Q,S,s) Pricing Rules
with Kenneth Burdett: w19094

Published: Kenneth Burdett & Guido Menzio, 2018. "The (Q,S,s) Pricing Rule," The Review of Economic Studies, vol 85(2), pages 892-928. citation courtesy of

February 2013Shopping Externalities and Self-Fulfilling Unemployment Fluctuations
with Greg Kaplan: w18777

Published: Greg Kaplan & Guido Menzio, 2016. "Shopping Externalities and Self-Fulfilling Unemployment Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 124(3), pages 000 - 000. citation courtesy of

June 2012Taxation and Redistribution of Residual Income Inequality
with Mikhail Golosov, Pricila Maziero: w18151

Published: Mikhail Golosov & Pricila Maziero & Guido Menzio, 2013. "Taxation and Redistribution of Residual Income Inequality," Journal of Political Economy, University of Chicago Press, vol. 121(6), pages 1160 - 1204. citation courtesy of

January 2012Directed Search over the Life Cycle
with Irina A. Telyukova, Ludo Visschers: w17746

Published: Guido Menzio & Irina Telyukova & Ludo Visschers, 2016. "Directed Search over the Life Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 19(1), January. citation courtesy of

October 2011Sticky Prices: A New Monetarist Approach
with Allen Head, Lucy Qian Liu, Randall Wright: w17520

Published: Allen Head & Lucy Qian Liu & Guido Menzio & Randall Wright, 2012. "Sticky Prices: A New Monetarist Approach," Journal of the European Economic Association, European Economic Association, vol. 10(5), pages 939-973, October. citation courtesy of

May 2010Worker replacement
with Espen R. Moen: w15983

Published: Menzio, Guido & Moen, Espen R., 2010. "Worker replacement," Journal of Monetary Economics, Elsevier, vol. 57(6), pages 623-636, September. citation courtesy of

April 2009Efficient Search on the Job and the Business Cycle
with Shouyong Shi: w14905

Published: Guido Menzio & Shouyong Shi, 2011. "Efficient Search on the Job and the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 119(3), pages 468 - 510. citation courtesy of

Block Recursive Equilibria for Stochastic Models of Search on the Job
with Shouyong Shi: w14907

Published: Menzio, Guido & Shi, Shouyong, 2010. "Block recursive equilibria for stochastic models of search on the job," Journal of Economic Theory, Elsevier, vol. 145(4), pages 1453-1494, July. citation courtesy of

April 2008Inflation and Unemployment in the Long Run
with Aleksander Berentsen, Randall Wright: w13924

Published: Aleksander Berentsen & Guido Menzio & Randall Wright, 2011. "Inflation and Unemployment in the Long Run," American Economic Review, American Economic Association, vol. 101(1), pages 371-98, February. citation courtesy of

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