Browsing Theses - Economics by Issue Date
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Browsing Theses - Economics by Issue Date
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(Massachusetts Institute of Technology, 2012)This thesis examines questions in macroeconomics motivated by the 2007-2008 financial crisis and its aftermath. Chapter 1 studies the impact of a housing bust on regional labor reallocation and the labor market. I document ...
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(Massachusetts Institute of Technology, 2012)This thesis examines three models of dynamic contracting. The first model is a model of dynamic moral hazard with partially persistent states, and the second model considers relational contracts when the states are partially ...
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(Massachusetts Institute of Technology, 2012)This thesis examines three topics. The first chapter, entitled "Persistent Effects of Peru's Mining Mita" utilizes regression discontinuity to examine the long-run impacts of the mita, an extensive forced mining labor ...
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(Massachusetts Institute of Technology, 2012)This dissertation consists of four chapters exploring how organizations inform and distort the implementation of public policy in two empirical settings. Chapters 1 and 2 study the non-market allocation of research funding ...
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(Massachusetts Institute of Technology, 2012)The first chapter analyzes incentives and quality in hospitals with physician-investors. Proponents of physician ownership argue that it improves care; opponents claim that physician-investors "cherry-pick" profitable ...
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(Massachusetts Institute of Technology, 2012)This thesis examines the role that social networks play in developing economies. The first two chapters analyze econometric issues that arise when researchers work with sampled network data. The final two chapters study ...
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(Massachusetts Institute of Technology, 2012)This dissertation consists of three chapters on topics in applied microeconomics. In the first chapter. I investigate whether voters are more likely to support additional spending on local public services when they perceive ...
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(Massachusetts Institute of Technology, 2012)This thesis studies the impact of private information on the existence of insurance markets. In the first chapter, I study the case of insurance rejections. Across a wide set of non-group insurance markets, applicants are ...
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(Massachusetts Institute of Technology, 2012)This thesis consists of three independent chapters on the Macroeconomics of Liquidity and Taxation. The first chapter studies how concerns about future funding difficulties and liquidity dry ups influence investment ...
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(Massachusetts Institute of Technology, 2012)This thesis studies how information imperfections affect financial markets and the macroeconomy. Chapter 1 considers an economy where investors delegate their investment decisions to financial institutions that choose ...
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(Massachusetts Institute of Technology, 2012)The first chapter studies optimal information revelation with one-sided asymmetric information. A sender chooses ex ante how her information will be revealed ex post. A receiver obtains both public information and information ...
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(Massachusetts Institute of Technology, 2012)Chapter 1 contains a theory of misallocation. In contrast to a recent literature where misallocation stems from imperfect input markets, I study an economy with non-competitive output markets. This change of focus has two ...
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(Massachusetts Institute of Technology, 2012)This dissertation studies the problem of motivating an expert to help a principal take a decision. The first chapter examines a principal-expert model in which the only source of friction is that the expert must be induced ...
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(Massachusetts Institute of Technology, 2012)We explain often anomalous results of capital structure tests by infusing tradeoff theory with real options. Of course one can explain almost everything using a soft qualitative theory. This paper's addition is to use a ...
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(Massachusetts Institute of Technology, 2012)This thesis examines various aspects of environmental economics. The first chapter estimates how individuals' beliefs about climate change are affected by local weather fluctuations. Climate change is a one-time uncertain ...
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(Massachusetts Institute of Technology, 2012)In Chapter 1, I study the effects of wealth inequality on economies where financial markets are imperfect. I exploit the idea that inequality should have a different effect across sectors. Using a difference-in-difference ...
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(Massachusetts Institute of Technology, 2012)This thesis investigates the role of strategic social interactions in household decision-making using empirical evidence from India. In the first chapter, I ask how the actions of peers influence an individual's own decision ...
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(Massachusetts Institute of Technology, 2012)This dissertation ties together three papers on mechanism design with boundedly rational agents. These papers explore theoretically whether, and to what extent, limitations on agents' ability to strategically misrepresent ...
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(Massachusetts Institute of Technology, 2012)State and local governments in the United States make up more than half of total government consumption and investment and almost 90 percent of total government employment. Despite these facts, the debates surrounding ...
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(Massachusetts Institute of Technology, 2012)This thesis consists of four essays on finance, learning, and macroeconomics. The first essay studies whether learning can explain why the standard consumption-based asset pricing model produces large pricing errors for ...
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