MIT Dept. of Economics Working Papers Series https://hdl.handle.net/1721.1/63243 2026-04-06T18:37:47Z Error Correction Models of MSA Housing "Supply" Elasticities: Implications for Price Recovery https://hdl.handle.net/1721.1/84478 Error Correction Models of MSA Housing "Supply" Elasticities: Implications for Price Recovery Wheaton, William C.; Chervachidze, Serguei; nechayev, Gleb MSA-level estimates of a housing supply schedule must offer a solution to the twin problems of simultaneity and stationarity that plague the time series data for local housing prices and stock. An Error Correction Model (ECM) is shown to provide a solution to stationarity, but not simultaneity. A Vector Error Correction Model (VECM) is suggested to handle both the stationarity and endogeneity problems. Such models also nicely distinguish between (very) long run elasticities and a variety of short term impacts. We estimate these models separately for 68 US MSA using quarterly data on housing prices and residential construction permits since 1980. The results provide long run supply elasticity estimates for each market that are better bounded than previous panel-based attempts and also correspond with much conventional thought. We find these elasticities are well explained by geographic and regulatory barriers, and that inelastic markets exhibit greater price volatility over the last two decades. Using the models’ short run dynamics we make several forecasts of prices over the next decade. In current dollars, some MSA will still not recover to recent peak (2007) house price levels by 2022, while others should exceed it by as much as 70%. 2014-01-19T00:00:00Z Managing Innovation in a Crowd https://hdl.handle.net/1721.1/84477 Managing Innovation in a Crowd Acemoglu, Daron; Mostagir, Mohamed; Ozdaglar, Asuman Crowdsourcing is an emerging technology where innovation and production are sourced out to the public through an open call. At the center of crowdsourcing is a resource allocation problem: there is an abundance of workers but a scarcity of high skills, and an easy task assigned to a high-skill worker is a waste of resources. This problem is complicated by the fact that the exact difficulties of innovation tasks may not be known in advance, so tasks that require high-skill labor cannot be identified and allocated ahead of time. We show that the solution to this problem takes the form of a skill hierarchy, where tasks are first attempted by low-skill labor, and high skill workers only engage with a task if less skilled workers are unable to finish it. This hierarchy can be constructed and implemented in a decentralized manner even though neither the difficulties of the tasks nor the skills of the candidate workers are known. We provide a dynamic pricing mechanism that achieves this implementation by inducing workers to self-select into different layers. The mechanism is simple: each time a task is attempted and not finished, its price (reward upon completion) goes up. 2014-01-17T00:00:00Z Equalizing Superstars: The Internet and the Democratization of Education https://hdl.handle.net/1721.1/84476 Equalizing Superstars: The Internet and the Democratization of Education Acemoglu, Daron; Laibson, David; List, John A. Educational resources distributed via the Internet are rapidly proliferating. One prominent concern associated with these potentially transformative developments is that, as many of the leading technologies of the last several decades have been, these new sweeping technological changes will be highly disequalizing, creating superstar teachers, a wider gulf between different groups of students and potentially a winner-take-all educational system. In this paper, we argue that, these important concerns notwithstanding, a major impact of the superstars created by web based educational technologies will be the democratization of education: not only will educational resources be more equally distributed, but also lower-skilled teachers will be winners from this technology. At the root of our results is the observation that for web-based technologies to exploit the comparative advantage of skilled lecturers, they will need to be complemented with opportunities for face-to-face discussions with instructors, and web-based lectures will increase the quantity and quality of teaching services complementary to such instruction, potentially increasing the marginal product and wages of lower-skill teachers. 2014-01-17T00:00:00Z Under the Thumb of History? Political Institutions and the Scope for Action https://hdl.handle.net/1721.1/84475 Under the Thumb of History? Political Institutions and the Scope for Action Banerjee, Abhijit V.; Duflo, Esther Under the Thumb of History? Political Institutions and the Scope for Action This paper discusses the two leading views of history and political institutions. For some scholars, institutions are mainly products of historical logic, while for others, accidents, leaders, and decisions have a significant impact. We argue that while there is clear evidence that history matters and has long-term effects, there is not enough data to help us distinguish between the two views. Faced with this uncertainty, what is a social scientist to do? We argue that given the possibility that policy decisions indeed make a difference, it makes sense to assume they do and to try to improve policymaking. Draft prepared for the Annual Review of Economics, Oct. 5, 2013 2013-10-05T00:00:00Z State Capacity and Economic Development: A Network Approach https://hdl.handle.net/1721.1/84474 State Capacity and Economic Development: A Network Approach Acemoglu, Daron; Garcia-Jimeno, Camilo; Robinson, James A. We study the direct and spillover effects of local state capacity using the network of Colombian municipalities. We model the determination of local and national state capacity as a network game in which each municipality, anticipating the choices and spillovers created by other municipalities and the decisions of the national government, invests in local state capacity and the national government chooses the presence of the national state across municipalities to maximize its own payoff. We then estimate the parameters of this model using reduced-form instrumental variables techniques and structurally (using GMM, simulated GMM or maximum likelihood). To do so we exploit both the structure of the network of municipalities, which determines which municipalities create spillovers on others, and the historical roots of local state capacity as the source of exogenous variation. These historical instruments are related to the presence of colonial royal roads and local presence of the colonial state in the 18th century, factors which we argue are unrelated to current provision of public goods and prosperity except through their impact on their own and neighbors’ local state capacity. Our estimates of the effects of state presence on prosperity are large and also indicate that state capacity decisions are strategic complements across municipalities. As a result, we find that bringing all municipalities below median state capacity to the median, without taking into account equilibrium responses of other municipalities, would increase the median fraction of the population above poverty from 57% to 60%. Approximately 57% of this is due to direct effects and 43% to spillovers. However, if we take the equilibrium response of other municipalities into account, the median would instead increase to 68%, a sizable change driven by equilibrium network effects. 2014-01-08T00:00:00Z Democracy, Redistribution and Inequality https://hdl.handle.net/1721.1/84473 Democracy, Redistribution and Inequality Acemoglu, Daron; Naidu, Suresh; Restrepo, Pascual; Robinson, James A. In this paper we revisit the relationship between democracy, redistribution and inequality. We first explain the theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail to be realized when democracy is captured by the richer segments of the population; when it caters to the preferences of the middle class; or when it opens up disequalizing opportunities to segments of the population previously excluded from such activities, thus exacerbating inequality among a large part of the population. We then survey the existing empirical literature, which is both voluminous and full of contradictory results. We provide new and systematic reduced-form evidence on the dynamic impact of democracy on various outcomes. Our findings indicate that there is a significant and robust effect of democracy on tax revenues as a fraction of GDP, but no robust impact on inequality. We also find that democracy is associated with an increase in secondary schooling and a more rapid structural transformation. Finally, we provide some evidence suggesting that inequality tends to increase after democratization when the economy has already undergone significant structural transformation, when land inequality is high, and when the gap between the middle class and the poor is small. All of these are broadly consistent with a view that is different from the traditional median voter model of democratic redistribution: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and economic structure that have ambiguous effects on inequality. 2013-10-30T00:00:00Z The Rise and Fall of Economic History at MIT https://hdl.handle.net/1721.1/82912 The Rise and Fall of Economic History at MIT Temin, Peter This paper recalls the unity of economics and history at MIT before the Second World War, and their divergence thereafter. Economic history at MIT reached its peak in the 1970s with three teachers of the subject to graduates and undergraduates alike. It declined until economic history vanished both from the faculty and the graduate program around 2010. The cost of this decline to current education and scholarship is suggested at the end of the narrative. This revision December 9, 2013. Original submission June 5, 2013. 2013-06-05T00:00:00Z Perspectives, Opinions, and information Flows https://hdl.handle.net/1721.1/82900 Perspectives, Opinions, and information Flows Sethi, Rajiv; Yildiz, Muhamet Consider a group of individuals with unobservable perspectives (subjective prior beliefs) about a sequence of states. In each period, each individual receives private information about the current state and forms an opinion (a posterior belief). He also chooses a target individual whose opinion is then observed. This choice involves a fundamental trade-off between well-informed targets, whose signals are precise, and well-understood targets, whose perspectives are well known by the observer. Observing an opinion provides information not just about the current state, but also about the target's perspective; hence observed individuals become better-understood over time. This leads to path dependence and the possibility that some individuals never observe certain others in the long run. We identify a simple condition under which long-run behavior is efficient and history-independent. When this condition fails, with positive probability, a single individual emerges as an opinion leader in the long-run. Moreover, the extent to which an individual learns about a target's perspective depends on how well-informed both agents are in the period of observation. This gives rise to symmetry breaking, and can result in observational networks involving information segregation, or static graphs with rich and complex structures 2013-12-06T00:00:00Z The Value of Connections in Turbulent Times: Evidence from the United States https://hdl.handle.net/1721.1/82633 The Value of Connections in Turbulent Times: Evidence from the United States Acemoglu, Daron; Johnson, Simon; Kermani, Amir; Kwak, James; Mitton, Todd The announcement of Timothy Geithner as nominee for Treasury Secretary in November 2008 produced a cumulative abnormal return for financial firms with which he had a connection. This return was about 6% after the first full day of trading and about 12% after ten trading days. There were subsequently abnormal negative returns for connected firms when news broke that Geithner’s confirmation might be derailed by tax issues. Excess returns for connected firms may reflect the perceived impact of relying on the advice of a small network of financial sector executives during a time of acute crisis and heightened policy discretion. We thank Isil Erel, Taylor Nadauld, and René Stulz for sharing data. For helpful comments we thank Josh Angrist, Caroline Hoxby, Suresh Naidu, Francesco Trebbi, and people who provided comments during or after our talks at MIT, Northwestern, Harvard Business School, the International Monetary Fund, the University of Alberta, BYU, Yale, the University of California at Berkeley, and the 2012 Econometric Society meetings. We are also grateful for constructive suggestions from some former officials. 2013-11-27T00:00:00Z The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development https://hdl.handle.net/1721.1/81959 The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development Ashraf, Quamrul; Galor, Oded This research advances and empirically establishes the hypothesis that, in the course of the prehistoric exodus of Homo sapiens out of Africa, variation in migratory distance to various settlements across the globe affected genetic diversity and has had a long-lasting hump-shaped effect on comparative economic development, reflecting the trade-off between the beneficial and the detrimental effects of diversity on productivity. While intermediate levels of genetic diversity prevalent among Asian and European populations have been conducive for development, the high diversity of African populations and the low diversity of Native American populations have been detrimental for the development of these regions. This revision August 12, 2012. Original version May 5, 2011 2012-08-12T00:00:00Z History, Expectations, and Leadership in the Evolution of Social Norms https://hdl.handle.net/1721.1/81956 History, Expectations, and Leadership in the Evolution of Social Norms Acemoglu, Daron; Jackson, Matthew O. We study the evolution of a social norm of “cooperation” in a dynamic environment. Each agent lives for two periods and interacts with agents from the previous and next generations via a coordination game. Social norms emerge as patterns of behavior that are stable in part due to agents' interpretations of private information about the past, influenced by occasional commonly-observed past behaviors. For sufficiently backward-looking societies, history completely drives equilibrium play, leading to a social norm of high or low cooperation. In more forward-looking societies, there is a pattern of “reversion” whereby play starting with high (low) cooperation reverts toward lower (higher) cooperation. The impact of history can be countered by occasional “prominent” agents, whose actions are visible by all future agents and who can leverage their greater visibility to influence expectations of future agents and overturn social norms of low cooperation. This revision August 31, 2013. Original version May 12, 2011 2013-05-12T00:00:00Z Environmental Regulations, Air and Water Pollution, and Infant Mortality in India https://hdl.handle.net/1721.1/81950 Environmental Regulations, Air and Water Pollution, and Infant Mortality in India Greenstone, Michael; Hanna, Rema Using the most comprehensive data file ever compiled on air pollution, water pollution, and environmental regulations from a developing country, the paper examines the effectiveness of India’s environmental regulations. The air pollution regulations were responsible for substantial improvements in air quality. The most successful air regulation resulted in a modest, but statistically insignificant decline in infant mortality. The water regulations had no measurable benefits. Qualitative and quantitative evidence suggests that higher relative demand for air quality prompted the effective enforcement of air pollution regulations, indicating that environmental regulation can succeed in weak institutional settings when there is strong public support. This revision: February 18, 2013 Original dated: July 1, 2011 2011-07-01T00:00:00Z Trade Adjustment: Worker Level Evidence https://hdl.handle.net/1721.1/81820 Trade Adjustment: Worker Level Evidence Autor, David; Dorn, David; Hanson, Gordon H.; Song, Jae In the past two decades, China’s manufacturing exports have grown spectacularly, U.S. imports from China have surged, but U.S. exports to China have increased only modestly. Using representative, longitudinal data on individual earnings by employer, we analyze the effect of exposure to import competition on earnings and employment of U.S. workers over 1992 through 2007. Individuals who in 1991 worked in manufacturing industries that experienced high subsequent import growth garner lower cumulative earnings and are at elevated risk of exiting the labor force and obtaining public disability benefits. They spend less time working for their initial employers, less time in their initial two-digit manufacturing industries, and more time working elsewhere in manufacturing and outside of manufacturing. Earnings losses are larger for individuals with low initial wages, low initial tenure, low attachment to the labor force, and those employed at large firms with low wage levels. Import competition also induces substantial job churning among high-wage workers, but they are better able than low-wage workers to move across employers with minimal earnings losses, and are less likely to leave their initial firm during a mass layoff. These findings, which are robust to a large set of worker, firm and industry controls, and various alternative measures of trade exposure, reveal that there are significant worker-level adjustment costs to import shocks, and that adjustment is highly uneven across workers according to their conditions of employment in the pre-shock period. 2013-06-30T00:00:00Z The "Task Approach" to Labor Markets: An Overview https://hdl.handle.net/1721.1/81819 The "Task Approach" to Labor Markets: An Overview Author, David H. An emerging literature argues that changes in the allocation of workplace “tasks” between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization—that is, rising employment in the highest and lowest paid occupations. Analyzing this phenomenon within the canonical production function framework is challenging, however, because the assignment of tasks to labor and capital in the canonical model is essentially static. This essay sketches an alternative model of the assignment of skills to tasks based upon comparative advantage, reviews key conceptual and practical challenges that researchers face in bringing the “task approach” to the data, and cautions against two common pitfalls that pervade the growing task literature. I conclude with a cautiously optimistic forecast for the potential of the task approach to illuminate the interactions among skill supplies, technological capabilities, and trade and offshoring opportunities, in shaping the aggregate demand for skills, the assignment of skills to tasks, and the evolution of wages. 2013-01-30T00:00:00Z Envirodevonomics: A Research Agenda for a Young Field https://hdl.handle.net/1721.1/81818 Envirodevonomics: A Research Agenda for a Young Field Greenstone, Michael; Jack, B. Kelsey Environmental quality in many developing countries is poor and generates substantial health and productivity costs. However, existing measures of willingness to pay for environmental quality improvements indicate low valuations by affected households. This paper argues that this seeming paradox is the central puzzle at the intersection of environmental and development economics: Given poor environmental quality and high health burdens in developing countries, why is WTP so low? We develop a conceptual framework for understanding this puzzle and propose four potential explanations: (1) due to low income levels, individuals value increases in income more than marginal improvements in environmental quality, (2) the marginal costs of environmental quality improvements are high, (3) political economy factors undermine efficient policy-making, and (4) market failures such as weak property rights and missing capital markets drive a wedge between true and revealed willingness to pay for environmental quality. We review the available literature on each explanation and discuss how the framework also applies to climate change, which is perhaps the most important issue at the intersection of environment and development economics. The paper concludes with a list of promising and unanswered research questions for the emerging sub-field of “envirodevonomics.” 2013-09-03T00:00:00Z Slow Moving Debt Crises https://hdl.handle.net/1721.1/81817 Slow Moving Debt Crises Lorenzoni, Guido; Werning, Ivan What circumstances or policies leave sovereign borrowers at the mercy of self-fulfilling increases in interest rates? To answer this question, we study the dynamics of debt and interest rates in a model where default is driven by insolvency. Fiscal deficits and surpluses are subject to shocks but influenced by a fiscal policy rule. Whenever possible the government issues debt to meet its current obligations and defaults otherwise. We show that low and high interest rate equilibria may coexist. Higher interest rates, prompted by fears of default, lead to faster debt accumulation, validating default fears. We call such an equilibrium a slow moving crisis, in contrast to rollover crises where investor runs precipitate immediate default. We investigate how the existence of multiple equilibria is affected by the fiscal policy rule, the maturity of debt, and the level of debt. 2013-06-30T00:00:00Z Truth-telling by Third-party Auditors and the Response of Polluting Firms: Experimental Evidence from India https://hdl.handle.net/1721.1/81785 Truth-telling by Third-party Auditors and the Response of Polluting Firms: Experimental Evidence from India Duflo, Esther; Greenstone, Michael; Pande, Rohini; Ryan, Nicholas In many regulated markets, private, third-party auditors are chosen and paid by the firms that they audit, potentially creating a conflict of interest. This paper reports on a two-year field experiment in the Indian state of Gujarat that sought to curb such a conflict by altering the market structure for environmental audits of industrial plants to incentivize accurate reporting. There are three main results. First, the status quo system was largely corrupted; with auditors systematically reporting plant emissions just below the standard, although true emissions were typically higher. Second, the treatment caused auditors to report more truthfully and very significantly lowered the fraction of plants that were falsely reported as compliant with pollution standards. Third, treatment plants, in turn, reduced their pollution emissions. The results suggest reformed incentives for third-party auditors can improve their reporting and make regulation more effective. 2013-07-17T00:00:00Z The Network Origins of Large Economic Downturns https://hdl.handle.net/1721.1/81783 The Network Origins of Large Economic Downturns Acemoglu, Daron; Ozdaglar, Asu; Tahbaz-Salehi, Alireza This paper shows that large economic downturns may result from the propagation of microeconomic shocks over the input-output linkages across different firms or sectors within the economy. Building on the framework of Acemoglu et al. (2012), we argue that the economy’s input-output structure can fundamentally reshape the distribution of aggregate output, increasing the likelihood of large downturns from infinitesimal to substantial. More specifically, we show that an economy with non-trivial intersectoral input-output linkages that is subject to thin-tailed productivity shocks may exhibit deep recessions as frequently as economies that are subject to heavy-tailed shocks. Moreover, we show that in the presence of input-output linkages, aggregate volatility is not necessarily a sufficient statistic for the likelihood of large downturns. Rather, depending on the shape of the distribution of the idiosyncratic shocks, different features of the economy’s input-output network may be of first-order importance. Finally, our results establish that the effects of the economy’s input-output structure and the nature of the idiosyncratic firm level shocks on aggregate output are not separable, in the sense that the likelihood of large economic downturns is determined by the interplay between the two. 2013-06-30T00:00:00Z Evidence on the impact of Sustained Exposure to Air Pollution on Life Expectancy from China's Huai River Policy https://hdl.handle.net/1721.1/81438 Evidence on the impact of Sustained Exposure to Air Pollution on Life Expectancy from China's Huai River Policy Chen, Yuyu; Ebenstein, Avraham; Greenstone, Michael; Li, Hongbin This paper's findings suggest that an arbitrary Chinese policy that greatly increases total suspended particulates (TSP) air pollution is causing the 500 million residents of Northern China to lose more than 2.5 billion life years of life expectancy. The quasi-experimental empirical approach is based on China's Huai River policy, which provided free winter heating via the provision of coal for boilers in cities North of the Huai River but denied heat to the South. Using a regression discontinuity design based on distance from the Huai River, we find that ambient concentrations of TSP are about 184 μg/m3 (95% CI: 61, 307) or 55% higher in the North. Further, the results indicate that life expectancies are about 5.5 (95% CI: 0.8, 10.2) years lower in the North due to an increased incidence of cardiorespiratory mortality. More generally, the analysis suggests that long-term exposure to an additional 100 μg/m3 of TSP is associated with a reduction in life expectancy at birth of about 3.0 years (95% CI: 0.4, 5.6). 2013-10-18T00:00:00Z Network Security and Contagion https://hdl.handle.net/1721.1/79387 Network Security and Contagion Acemoglu, Daron; Malekian, Azarakhsh; Ozdaglar, Asu We develop a theoretical model of security investments in a network of interconnected agents. Network connections introduce the possibility of cascading failures due to an exogenous or endogenous attack depending on the profile of security investments by the agents. The general presumption in the literature, based on intuitive arguments or analysis of symmetric networks, is that because security investments create positive externalities on other agents, there will be underinvestment in security. We show that this reasoning is incomplete because of a first-order economic force: security investments are also strategic substitutes. In a general (non-symmetric) network, this implies that underinvestment by some agents will encourage overinvestment by others. We demonstrate by means of examples there can be overinvestment by some agents and also that aggregate probabilities of infection can be lower in equilibrium compared to the social optimum. We then provide sufficient conditions for underinvestment. This requires both sufficiently convex cost functions (convexity alone is not enough) and networks that are either symmetric or locally tree-like. We also characterize the impact of network structure on equilibrium and optimal investments. Finally, we show that when the attack location is endogenized (by assuming that the attacker chooses a probability distribution over the location of the attack in order to maximize damage), there is an additional incentive for overinvestment: greater investment by an agent shifts the attack to other parts of the network. 2013-06-28T00:00:00Z Keynes and Marx, Duncan and Me https://hdl.handle.net/1721.1/79386 Keynes and Marx, Duncan and Me Piore, Michael This paper was originally prepared for the New School celebration of Duncan Foley’s career. It attempts to place his work in the context of the evolution of economics as a discipline and of the MIT Economics Department in the last forty years, and in particular the place of Marx and Keynes as catalytic thinkers in that process. 2013-06-28T00:00:00Z Political Economy in a Changing World https://hdl.handle.net/1721.1/79347 Political Economy in a Changing World Acemoglu, Daron; Ergorov, Georgy; Sonin, Konstantin We provide a general framework for the analysis of the dynamics of institutional change (e.g., democratization, extension of political rights or repression of different groups), and how these dynamics interact with (anticipated and unanticipated) changes in the distribution of political power and in economic structure. We focus on the Markov Voting Equilibria, which require that economic and political changes should take place if there exists a subset of players with the power to implement such changes and who will obtain higher expected discounted utility by doing so. Assuming that economic and political institutions as well as individual types can be ordered, and preferences and the distribution of political power satisfy natural single crossing (increasing differences) conditions, we prove the existence of a pure-strategy equilibrium, provide conditions for its uniqueness, and present a number of comparative static results that apply at this level of generality. We then use this framework to study the dynamics of political rights and repression in the presence of radical groups that can stochastically grab power. We characterize the conditions under which the presence of radicals leads to repression (of less radical groups), show a type of path dependence in politics resulting from radicals coming to power, and identify a novel strategic complementarity in repression. 2013-06-18T00:00:00Z The miracle of microfinance? Evidence from a randomized evaluation https://hdl.handle.net/1721.1/79070 The miracle of microfinance? Evidence from a randomized evaluation Banerjee, Abhijit; Duflo, Esther; Glennester, Rachel; Kinnan, Cynthia This paper reports on the first randomized evaluation of the impact of introducing the standard microcredit group-based lending product in a new market. In 2005, half of 104 slums in Hyderabad, India were randomly selected for opening of a branch of a particular microfinance institution (Spandana) while the remainder were not, although other MFIs were free to enter those slums. Fifteen to 18 months after Spandana began lending in treated areas, households were 8.8 percentage points more likely to have a microcredit loan. They were no more likely to start any new business, although they were more likely to start several at once, and they invested more in their existing businesses. There was no effect on average monthly expenditure per capita. Expenditure on durable goods increased in treated areas, while expenditures on “temptation goods” declined. Three to four years after the initial expansion (after many of the control slums had started getting credit from Spandana and other MFIs ), the probability of borrowing from an MFI in treatment and comparison slums was the same, but on average households in treatment slums had been borrowing for longer and in larger amounts. Consumption was still no different in treatment areas, and the average business was still no more profitable, although we find an increase in profits at the top end. We found no changes in any of the development outcomes that are often believed to be affected by microfinance, including health, education, and women’s empowerment. The results of this study are largely consistent with those of four other evaluations of similar programs in different contexts. 2013-06-06T00:00:00Z Innovation, Reallocation and Growth https://hdl.handle.net/1721.1/79066 Innovation, Reallocation and Growth Acemoglu, Daron; Akcigit, Ufuk; Bloom, Nicholas; Kerr, William The standard approach to policy-making and advice in economics implicitly or explicitly ignores politics and political economy, and maintains that if possible, any market failure should be rapidly removed. This essay explains why this conclusion may be incorrect; because it ignores politics, this approach is oblivious to the impact of the removal of market failures on future political equilibria and economic efficiency, which can be deleterious. We first outline a simple framework for the study of the impact of current economic policies on future political equilibria and indirectly on future economic outcomes. We then illustrate the mechanisms through which such impacts might operate using a series of examples. The main message is that sound economic policy should be based on a careful analysis of political economy and should factor in its influence on future political equilibria. 2013-06-05T00:00:00Z Economics versus Politics: Pitfalls of Policy Advice https://hdl.handle.net/1721.1/79064 Economics versus Politics: Pitfalls of Policy Advice Acemoglu, Daron; Robinson, James The standard approach to policy-making and advice in economics implicitly or explicitly ignores politics and political economy, and maintains that if possible, any market failure should be rapidly removed. This essay explains why this conclusion may be incorrect; because it ignores politics, this approach is oblivious to the impact of the removal of market failures on future political equilibria and economic efficiency, which can be deleterious. We first outline a simple framework for the study of the impact of current economic policies on future political equilibria and indirectly on future economic outcomes. We then illustrate the mechanisms through which such impacts might operate using a series of examples. The main message is that sound economic policy should be based on a careful analysis of political economy and should factor in its influence on future political equilibria. 2013-06-05T00:00:00Z The Rise and Fall of Economic History at MIT https://hdl.handle.net/1721.1/79063 The Rise and Fall of Economic History at MIT Temin, Peter This paper recalls the unity of economics and economics at MIT before the Second World War, and their divergence thereafter. Economic history at MIT reached its peak in the 1970s with three teachers of the subject to graduates and undergraduates alike. It declined until economic history vanished both from the faculty and the graduate program around 2010. The cost of this decline to current education and scholarship is suggested at the end of the narrative. This paper was written for a conference on the history of the MIT economics department held at Duke University in early 2013. December 9, 2013 revision to this paper available at: http://hdl.handle.net/1721.1/82912 2013-06-05T00:00:00Z Currency Crises from Andrew Jackson to Angela Merkel https://hdl.handle.net/1721.1/77610 Currency Crises from Andrew Jackson to Angela Merkel Temin, Peter This paper presents a narrative of currency crises for the past two centuries. I use the Swan Diagram as a theoretical framework for this narrative and conclude that many so-called banking crises are in fact currency crises. These crises are caused by capital flows in war and peace and typically result in recessions. The Swan Diagram helps us to consider external and internal imbalances together and understand their interactions. It also reminds us that national histories often ignore the international aspect of economic crises. This paper draws on and extends work reported in Peter Temin and David Vines, The Leaderless Economy, Why the World Economic System Fell Apart and How to Fix It (Princeton, 2013). 2013-02-13T00:00:00Z Statistics in Ancient History https://hdl.handle.net/1721.1/77609 Statistics in Ancient History Temin, Peter This paper uses new data to extend the argument that there was an integrated wheat market in the late Roman Republic and early Roman Empire. I explore the meaning of randomness when data are scarce, and I investigate how we recreate the nature of ancient societies by asking new questions that stimulate the discovery of more information. The case for a prosperous Roman society extending the length of the Mediterranean Sea is strong. This paper draws on and extends work reported in my new book: The Roman Market Economy (Princeton, 2013). 2013-02-13T00:00:00Z Cyclical Unemployment Structural Unemployment https://hdl.handle.net/1721.1/77608 Cyclical Unemployment Structural Unemployment Diamond, Peter Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge Curve pattern of unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores issues in that proxy relationship that complicate such analyses. Also discussed is the concept of mismatch. 2013-01-15T00:00:00Z The "Task Approach" to Labor Markets" An Overview https://hdl.handle.net/1721.1/77607 The "Task Approach" to Labor Markets" An Overview Autor, David An emerging literature argues that changes in the allocation of workplace “tasks” between capital and labor, and between domestic and foreign workers, has altered the structure of labor demand in industrialized countries and fostered employment polarization—that is, rising employment in the highest and lowest paid occupations. Analyzing this phenomenon within the canonical production function framework is challenging, however, because the assignment of tasks to labor and capital in the canonical model is essentially static. This essay sketches an alternative model of the assignment of skills to tasks based upon comparative advantage, reviews key conceptual and practical challenges that researchers face in bringing the “task approach” to the data, and cautions against two common pitfalls that pervade the growing task literature. conclude with a cautiously optimistic forecast for the potential of the task approach to illuminate the interactions among skill supplies, technological capabilities, and trade and offshoring opportunities, in shaping the aggregate demand for skills, the assignment of skills to tasks, and the evolution of wages. 2013-01-24T00:00:00Z Systemic Risk and Stability in Financial Networks https://hdl.handle.net/1721.1/77606 Systemic Risk and Stability in Financial Networks Acemoglu, Daron; Ozdaglar, Asuman; Tahbaz-Salehi, Alireza We provide a framework for studying the relationship between the financial network architecture and the likelihood of systemic failures due to contagion of counterparty risk. We show that financial contagion exhibits a form of phase transition as interbank connections increase: as long as the magnitude and the number of negative shocks affecting financial institutions are sufficiently small, more “complete” interbank claims enhance the stability of the system. However, beyond a certain point, such interconnections start to serve as a mechanism for propagation of shocks and lead to a more fragile financial system. We also show that, under natural contracting assumptions, financial networks that emerge in equilibrium may be socially inefficient due to the presence of a network externality: even though banks take the effects of their lending, risk-taking and failure on their immediate creditors into account, they do not internalize the consequences of their actions on the rest of the network. 2011-12-15T00:00:00Z Chiefs: Elite Control of Civil Society and Economic Development in Sierra Leone https://hdl.handle.net/1721.1/77605 Chiefs: Elite Control of Civil Society and Economic Development in Sierra Leone Acemoglu, Daron; Reed, Tristan; Robinson, James The lowest level of government in sub-Saharan Africa is often a cadre of chiefs who raise taxes, control the judicial system and allocate the most important scarce resource - land. Chiefs, empowered by colonial indirect rule, are often accused of using their power despotically and inhibiting rural development. Yet others view them as traditional representatives of rural people, and survey evidence suggests that they maintain widespread support. We use the colonial history of Sierra Leone to investigate the relationships between chiefs' power on economic development, peoples' attitudes and social capital. There, a chief must come from one of the ruling families recognized by British colonial authorities. Chiefs face less competition and fewer political constraints in chiefdoms with fewer ruling families. We show that places with fewer ruling families have significantly worse development outcomes today - in particular, lower rates of educational attainment, child health, and non-agricultural employment. But the institutions of chiefs' authority are also highly respected among villagers, and their chiefdoms have higher levels of \social capital," for example, greater popular participation in a variety of “civil society" organizations and forums that might be used to hold chiefs accountable. We argue that these results are difficult to reconcile with the standard principle-agent approach to politics and instead reflect the capture of civil society organizations by chiefs. Rather than acting as a vehicle for disciplining chiefs, these organizations have been structured by chiefs to control society. 2012-12-29T00:00:00Z Optimal Public Debt Management and Liquidity Provision https://hdl.handle.net/1721.1/76742 Optimal Public Debt Management and Liquidity Provision Angeletos, George-Marios; Collard, Fabrice; Dellas, Harris; Diba, Behzad We study the Ramsey policy problem in an economy in which firms face a collateral constraint. Issuing more public debt alleviates this friction by increasing the aggregate quantity of collateral. In so doing, however, the issuance of more debt also raises interest rates, which in turn increases the tax burden of servicing the entire outstanding debt. We first document how this trade-off upsets the optimality of tax smoothing and, in contrast to the standard paradigm, helps induce a unique and stable steady-state level of debt in the deterministic version of the model. We next study the optimal policy response to fiscal and financial shocks in the stochastic version. We finally show how the results extend to a variant model in which the financial friction afflicts consumers rather than firms. 2013-02-05T00:00:00Z Offshoring and Directed Technical Change https://hdl.handle.net/1721.1/76741 Offshoring and Directed Technical Change Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio To study the short-run and long-run implications on wage inequality, we introduce directed technical change into a Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced from a continuum of intermediates (tasks). Some of these tasks can be transferred from a skill-abundant West to a skill-scarce East. Profit maximization determines both the extent of offshoring and technological progress. Offshoring induces skill-biased technical change because it increases the relative price of skill intensive products and induces technical change favoring unskilled workers because it expands the market size for technologies complementing unskilled labor. In the empirically more relevant case, starting from low levels, an increase in offshoring opportunities triggers a transition with falling real wages for unskilled workers in the West, skill-biased technical change and rising skill premia worldwide. However, when the extent of offshoring becomes sufficiently large, further increases in offshoring induce technical change now biased in favor of unskilled labor because offshoring closes the gap between unskilled wages in the West and the East, thus limiting the power of the price effect fueling skill-biased technical change. The unequalizing impact of offshoring is thus greatest at the beginning. Transitional dynamics reveal that offshoring and technical change are substitutes in the short run but complements in the long run. Finally, though offshoring improves the welfare of workers in the East, it may benefit or harm unskilled workers in the West depending on elasticities and the equilibrium growth rate. 2012-11-24T00:00:00Z Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings https://hdl.handle.net/1721.1/76740 Do Housing Prices Reflect Environmental Health Risks? Evidence from More than 1600 Toxic Plant Openings and Closings Currie, Janet; Davis, Lucas; Greenstone, Michael; Walker, Reed A ubiquitous and largely unquestioned assumption in studies of housing markets is that there is perfect information about local amenities. This paper measures the housing market and health impacts of 1,600 openings and closings of industrial plants that emit toxic pollutants. We find that housing values within one mile decrease by 1.5 percent when plants open, and increase by 1.5 percent when plants close. This implies an aggregate loss in housing values per plant of about $1.5 million. While the housing value impacts are concentrated within 1/2 mile, we find statistically significant infant health impacts up to one mile away. 2012-12-21T00:00:00Z Adapting the Climate Change: The Remarkable Decline in the U.S. Temperature-Mortality Relationship Over the 20th Century https://hdl.handle.net/1721.1/76739 Adapting the Climate Change: The Remarkable Decline in the U.S. Temperature-Mortality Relationship Over the 20th Century Barreca, Alan; Clay, Karen; Deschenes, Olivier; Greenstone, Michael; Shapiro, Joseph S. Adaptation is the only strategy that is guaranteed to be part of the world's climate strategy. Using the most comprehensive set of data files ever compiled on mortality and its determinants over the course of the 20th century, this paper makes two primary discoveries. First, we find that the mortality effect of an extremely hot day declined by about 80% between 1900-1959 and 1960-2004. As a consequence, days with temperatures exceeding 90°F were responsible for about 600 premature fatalities annually in the 1960-2004 period, compared to the approximately 3,600 premature fatalities that would have occurred if the temperature-mortality relationship from before 1960 still prevailed. Second, the adoption of residential air conditioning (AC) explains essentially the entire decline in the temperature-mortality relationship. In contrast, increased access to electricity and health care seem not to affect mortality on extremely hot days. Residential AC appears to be both the most promising technology to help poor countries mitigate the temperature related mortality impacts of climate change and, because fossil fuels are the least expensive source of energy, a technology whose proliferation will speed up the rate of climate change. 2012-12-20T00:00:00Z Do Credit Market Shocks Affect the Real Economy? Quasi-Experimental Evidence from the Great Recession and 'Normal' Economic Times https://hdl.handle.net/1721.1/76738 Do Credit Market Shocks Affect the Real Economy? Quasi-Experimental Evidence from the Great Recession and 'Normal' Economic Times Greenstone, Michael; Alexandre, Mas We estimate the effect of the sharp reduction in credit supply following the 2008 financial crisis on the real economy. The identification strategy relies on the substantial heterogeneity in the degree to which banks cut lending over this period. Specifically, we predict changes in county-level small business lending over 2007-2009 by estimating the national change in each bank’s lending that is attributable to supply factors (e.g., due to differences in the crisis' effect on their balance sheets) and, subsequently, allocating this quantity to counties based on the banks' pre-crisis market shares. We find that in 2008, 2009, and 2010, this measure is highly predictive of total county-level small business loan originations indicating that, at least in the near term, a firm cannot easily find a new lender if its bank limits access to credit. Additionally, we find that areas with more exposure to banks that cut small business lending during this period experience depressed employment and business formation. Upper bound estimates suggest that the 2007-2009 decline in small business lending accounted for up to 20% of the decline in employment in firms with less than 20 employees, 16% of the total employment loss, and 30% of the decline in inflation adjusted aggregate wages during this period. Finally, we note that the relationship between lending supply and economic activity is not evident in the 1997-2007 period, underscoring the unique circumstances during the Great Recession. 2012-11-30T00:00:00Z Carry Trade and Systemic Risk: Why are FX Options so Cheap? https://hdl.handle.net/1721.1/76719 Carry Trade and Systemic Risk: Why are FX Options so Cheap? Caballero, Ricardo; Doyle, Joseph B. In this paper we document first that, in contrast with their widely perceived excess returns, popular carry trade strategies yield low systemic-risk-adjusted returns. In particular, we show that carry trade returns are highly correlated with the return of a VIX rolldown strategy —i.e., the strategy of shorting VIX futures and rolling down its term structure— and that the latter strategy performs at least as well as betaadjusted carry trades, for individual currencies and diversified portfolios. In contrast, hedging the carry with exchange rate options produces large returns that are not a compensation for systemic risk. We show that this result stems from the fact that the corresponding portfolio of exchange rate options provides a cheap form of systemic insurance. 2012-12-05T00:00:00Z Do labor market policies have displacement effects? Evidence from a clustered randomized experiment https://hdl.handle.net/1721.1/76718 Do labor market policies have displacement effects? Evidence from a clustered randomized experiment Crepon, Bruno; Duflo, Esther; Gurgand, Marc; Rathelot, Roland; Zamora, Philippe This paper reports the results from a randomized experiment designed to evaluate the direct and indirect (displacement) impacts of job placement assistance on the labor market outcomes of young, educated job seekers in France. We use a two-step design. In the first step, the proportions of job seekers to be assigned to treatment (0%, 25%, 50%, 75% or 100%) were randomly drawn for each of the 235 labor markets (e.g. cities) participating in the experiment. Then, in each labor market, eligible job seekers were randomly assigned to the treatment, following this proportion. After eight months, eligible, unemployed youths who were assigned to the program were significantly more likely to have found a stable job than those who were not. But these gains are transitory, and they appear to have come partly at the expense of eligible workers who did not benefit from the program, particularly in labor markets where they compete mainly with other educated workers, and in weak labor markets. Overall, the program seems to have had very little net benefits. 2012-11-10T00:00:00Z Pensions, Taxes, and the Budgetary Process https://hdl.handle.net/1721.1/72657 Pensions, Taxes, and the Budgetary Process Diamond, Peter Comparison of the treatment of the needs for flexibility and stability in the income taxation of earnigns and Social Security and their treatment in the budgetary process. 2012-08-13T00:00:00Z Cycles of Distrust: An Economic Model https://hdl.handle.net/1721.1/72656 Cycles of Distrust: An Economic Model Acemoglu, Daron; Wolitzky, Alexander We propose a model of cycles of distrust and conflict. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of “extremists” who will never take the good/trusting action. Good actions may be mistakenly perceived as bad/distrusting actions. We also assume that there is limited information about the history of past actions, so that an agent is unable to ascertain exactly when and how a sequence of bad actions originated. Assuming that both sides are not extremists, spirals of distrust and conflict get started as a result of a misperception, and continue because the other side interprets the bad action as evidence that it is facing extremists. However, such spirals contain the seeds of their own dissolution: after a while, Bayesian agents correctly conclude that the probability of a spiral having started by mistake is sufficiently high, and bad actions are no longer interpreted as evidence of extremism. At this point, one party experiments with a good action, and the cycle restarts. We show how this mechanism can be useful in interpreting cycles of ethnic conflict and international war, and how it also emerges in models of political participation, dynamic inter-group trade, and communication - leading to cycles of political polarization, breakdown of trade, and breakdown of communication. 2012-06-17T00:00:00Z Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Reductions https://hdl.handle.net/1721.1/72655 Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Reductions Deschênes, Olivier; Greenstone, Michael; Shapiro, Joseph S. The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate the effects of air quality regulations on manufacturing plants’ total factor productivity (TFP) levels. We find that among surviving polluting plants, stricter air quality regulations are associated with a roughly 2.6 percent decline in TFP. The regulations governing ozone have particularly large negative effects on productivity, though effects are also evident among particulates and sulfur dioxide emitters. Carbon monoxide regulations, on the other hand, appear to increase measured TFP, especially among refineries. The application of corrections for the confounding of price increases and output declines and sample selection on survival produce a 4.8 percent estimated decline in TFP for polluting plants in regulated areas. This corresponds to an annual economic cost from the regulation of manufacturing plants of roughly $21 billion, which is about 8.8 percent of manufacturing sector profits in this period. 2012-07-15T00:00:00Z The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing https://hdl.handle.net/1721.1/72654 The Effects of Environmental Regulation on the Competitiveness of U.S. Manufacturing Greenstone, Michael; List, John A.; Syverson, Chad The economic costs of environmental regulations have been widely debated since the U.S. began to restrict pollution emissions more than four decades ago. Using detailed production data from nearly 1.2 million plant observations drawn from the 1972-1993 Annual Survey of Manufactures, we estimate the effects of air quality regulations on manufacturing plants’ total factor productivity (TFP) levels. We find that among surviving polluting plants, stricter air quality regulations are associated with a roughly 2.6 percent decline in TFP. The regulations governing ozone have particularly large negative effects on productivity, though effects are also evident among particulates and sulfur dioxide emitters. Carbon monoxide regulations, on the other hand, appear to increase measured TFP, especially among refineries. The application of corrections for the confounding of price increases and output declines and sample selection on survival produce a 4.8 percent estimated decline in TFP for polluting plants in regulated areas. This corresponds to an annual economic cost from the regulation of manufacturing plants of roughly $21 billion, which is about 8.8 percent of manufacturing sector profits in this period. 2012-09-10T00:00:00Z Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdepent World? https://hdl.handle.net/1721.1/72557 Can't We All Be More Like Scandinavians? Asymmetric Growth and Institutions in an Interdepent World? Acemoglu, Daron; Robinson, James; Verdier, Thierry Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare to be higher in Scandinavian societies than in the United States. Why then does the United States not adopt Scandinavian-style institutions? More generally, in an interdependent world, would we expect all countries to adopt the same institutions? To provide theoretical answers to this question, we develop a simple model of economic growth in a world in which all countries bene.t and potentially contribute to advances in the world technology frontier. A greater gap of incomes between successful and unsuccessful entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country’s contribution to the world technology frontier. We show that, under plausible assumptions, the world equilibrium is asymmetric: some countries will opt for a type of “cutthroat” capitalism that generates greater inequality and more innovation and will become the technology leaders, while others will free- ride on the cutthroat incentives of the leaders and choose a more .cuddly. form of capitalism. Paradoxically, those with cuddly reward structures, though poorer, may have higher welfare than cutthroat capitalists; but in the world equilibrium, it is not a best response for the cutthroat capitalists to switch to a more cuddly form of capitalism. We also show that domestic constraints from social democratic parties or unions may be beneficial for a country because they prevent cutthroat capitalism domestically, instead inducing other countries to play this role. 2012-08-20T00:00:00Z Fiscal Unions https://hdl.handle.net/1721.1/72556 Fiscal Unions Farhi, Emmanuel; Werning, Iván We study cross-country insurance in a currency union with nominal price and wage rigidities. We provide two results that build the case for the creation of a fiscal union within a currency union. First, we show that, if financial markets are incomplete, the value of gaining access to any given level of insurance is greater for countries that are members of a currency union. Second, we show that, even if financial markets are complete, private insurance is inefficiently low. A role emerges for government intervention in macro insurance to both guarantee its existence and to influence its operation. The efficient insurance arrangement can be implemented by contingent transfers within a fiscal union. The benefits of such a fiscal union are larger, the bigger the asymmetric shocks affecting the members of the currency union, the more persistent these shocks, and the less open the member economies. 2012-07-31T00:00:00Z Fiscal Multipliers: Liquidity Traps and Currency Unions https://hdl.handle.net/1721.1/72555 Fiscal Multipliers: Liquidity Traps and Currency Unions Farhi, Emmanuel; Werning, Iván We provide explicit solutions for government spending multipliers during a liquidity trap and within a fixed exchange regime using standard closed and open-economy models. We confirm the potential for large multipliers during liquidity traps. For a currency union, we show that self-financed multipliers are small, always below unity. However, outside transfers or windfalls can generate larger responses in output, whether or not they are spent by the government. Our solutions are relevant for local and national multipliers, providing insight into the economic mechanisms at work as well as the testable implications of these models. 2012-08-31T00:00:00Z Is There An Energy Efficiency Gap? https://hdl.handle.net/1721.1/71853 Is There An Energy Efficiency Gap? Allcott, Hunt; Greenstone, Michael Many analysts have argued that energy efficiency investments offer an enormous “win-win” opportunity to both reduce negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock with two types of market failures: first, uninternalized externalities from energy consumption, and second, forces such as imperfect information that cause consumers and firms not to exploit privately-profitable energy efficiency investments. The model clarifies that only if the second type of market failure cannot be addressed directly through mechanisms such as information provision, energy efficiency subsidies and standards may be merited. We therefore review the empirical work on the magnitude of profitable unexploited energy efficiency investments, a literature which frequently does not meet modern standards for credibly estimating the net present value of energy cost savings and often leaves other benefits and costs unmeasured. These problems notwithstanding, recent empirical work in a variety of contexts implies that on average the magnitude of profitable unexploited investment opportunities is much smaller than engineering-accounting studies suggest. Finally, there is tremendous opportunity and need for policy-relevant research that utilizes randomized controlled trials and quasi-experimental techniques to estimate the returns to energy efficiency investments and the welfare effects of energy efficiency programs. Originally published January 17, 2012. Revised July 19, 2012. 2012-01-17T00:00:00Z Capital Income Taxes with Heterogenous Discount Rates https://hdl.handle.net/1721.1/71814 Capital Income Taxes with Heterogenous Discount Rates Diamond, Peter A.; Sinnewijn, Johannes With heterogeneity in both skills and preferences for the future, the Atkinson-Stiglitz result that savings should not be taxed with optimal taxation of earnings does not hold. Empirical evidence shows that on average people with higher skills save at higher rates. Saez (2002) suggests that with such positive correlation taxing savings can increase welfare. This paper analyzes this issue in a model with less than perfect correlation between ability and preference for the future. To have multiple types at the same earnings level, the number of types of jobs in the economy is restricted. Key to the analysis is that types who value future consumption less are more tempted to switch to a lower earning job. We show that introducing both a small savings tax on the high earners and a small savings subsidy on the low earners increase welfare, regardless of the correlation between ability and preference for the future. However, a uniform savings tax, as in the Nordic dual income tax, increases welfare only if that correlation is sufficiently high. There are also some results on optimal taxes that parallel the results on introducing small taxes. Originally published July 14, 2009. Revised January 27, 2010. 2009-07-14T00:00:00Z Decentralizatiohn, Communication, and the Origins of Fluctuations https://hdl.handle.net/1721.1/71559 Decentralizatiohn, Communication, and the Origins of Fluctuations Angeletos, George-Marios; La'O, Jennifer We consider a class of convex, competitive, neoclassical economies in which agents are rational; the equilibrium is unique; there is no room for randomization devices; and there are no shocks to preferences, technologies, endowments, or other fundamentals. In short, we rule out every known source of macroeconomic volatility. And yet, we show that these economies can be ridden with large and persistent fluctuations in equilibrium allocations and prices. These fluctuations emerge because decentralized trading impedes communication and, in so doing, opens the door to self-fulfilling beliefs despite the uniqueness of the equilibrium. In line with Keynesian thinking, these fluctuations may be attributed to “coordination failures” and “animal spirits”. They may also take the form of “fads”, or waves of optimism and pessimism that spread in the population like contagious diseases. Yet, these ostensibly pathological phenomena emerge at the heart of the neoclassical paradigm and require neither a deviation from rationality, nor multiple equilibria, nor even a divergence between private and social motives. 2011-05-04T00:00:00Z The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development https://hdl.handle.net/1721.1/71558 The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development Ashraf, Quamrul; Galor, Oded This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the exodus of Homo sapiens out of Africa, variation in migratory distance from the cradle of humankind to various settlements across the globe affected genetic diversity and has had a long-lasting effect on the pattern of comparative economic development that is not captured by geographical, institutional, and cultural factors. In particular, the level of genetic diversity within a society is found to have a hump-shaped effect on development outcomes in both the pre-colonial and the modern era, reflecting the trade-off between the beneficial and the detrimental effects of diversity on productivity. While the intermediate level of genetic diversity prevalent among Asian and European populations has been conducive for development, the high degree of diversity among African populations and the low degree of diversity among Native American populations have been a detrimental force in the development of these regions. Further, the optimal level of diversity has increased in the process of industrialization, as the beneficial forces associated with greater diversity have intensified in an environment characterized by more rapid technological progress. August 12, 2012 revision to this paper is available at http://hdl.handle.net/1721.1/81959. 2011-05-05T00:00:00Z Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits https://hdl.handle.net/1721.1/71557 Evolution and the Growth Process: Natural Selection of Entrepreneurial Traits Galor, Oded; Michalopoulos, Stelios This research suggests that a Darwinian evolution of entrepreneurial spirit played a significant role in the process of economic development and the dynamics of inequality within and across societies. The study argues that entrepreneurial spirit evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting traits generated an evolutionary advantage and their increased representation accelerated the pace of technological progress and the process of economic development. In mature stages of development, however, risk-averse traits gained an evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth across countries. 2011-05-03T00:00:00Z Diversity and Technological Progress https://hdl.handle.net/1721.1/71556 Diversity and Technological Progress Acemoglu, Daron This paper proposes a tractable model to study the equilibrium diversity of technological progress and shows that equilibrium technological progress may exhibit too little diversity (too much conformity), in particular foregoing socially beneficial investments in “alternative” technologies that will be used at some point in the future. The presence of future innovations that will replace current innovations imply that social benefits from innovation are not fully internalized. As a consequence, the market favors technologies that generate current gains relative to those that will bear fruit in the future; current innovations in research lines that will be profitable in the future are discouraged because current innovations are typically followed by further innovations before they can be profitably marketed. A social planner would choose a more diverse research portfolio and would induce a higher growth rate than the equilibrium allocation. The diversity of researchers is a partial (imperfect) remedy against the misallocation induced by the market. Researchers with different interests, competences or ideas may choose non-profit maximizing and thus more diverse research portfolios, indirectly contributing to economic growth. 2011-12-15T00:00:00Z Happiness on Tap: Piped Water Adoption in Urban Morocco https://hdl.handle.net/1721.1/71555 Happiness on Tap: Piped Water Adoption in Urban Morocco Devoto, Florencia; Duflo, Esther; Dupas, Pascaline; Pariente, William; Pons, Vincent We study the demand for household water connections in urban Morocco, and the effect of such connections on household welfare. In the northern city of Tangiers, among homeowners without a private connection to the city’s water grid, a random subset was offered a simplified procedure to purchase a household connection on credit (at a zero percent interest rate). Take-up was high, at 69%. Because all households in our sample had access to the water grid through free public taps (often located fairly close to their homes), household connections did not lead to any improvement in the quality of the water households consumed; and despite significant increase in the quantity of water consumed, we find no change in the incidence of waterborne illnesses. Nevertheless, we find that households are willing to pay a substantial amount of money to have a private tap at home. Being connected generates important time gains, which are used for leisure and social activities, rather than productive activities. Because water is often a source of tension between households, household connections improve social integration and reduce conflict. Overall, within 6 months, self-reported well-being improved substantially among households in the treatment group, despite the financial cost of the connection. Our results suggest that facilitating access to credit for households to finance lump sum quality-of-life investments can significantly increase welfare, even if those investments do not result in income or health gains. 2011-04-01T00:00:00Z Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings: A Summary and interpretation https://hdl.handle.net/1721.1/71554 Estimating the Social Cost of Carbon for Use in U.S. Federal Rulemakings: A Summary and interpretation Greenstone, Michael; Kopits, Elizabeth; Wolverton, Ann The United States Government recently concluded a year-long process to develop a range of values representing the monetized damages associated with an incremental increase in carbon dioxide (CO2) emissions, commonly referred to as the social cost of carbon (SCC). These values are currently used in benefit-cost analyses to assess potential federal regulations. For 2010, the central value of the SCC is $21 per ton of CO2 emissions and sensitivity analyses are to be conducted at $5, $35, and $65 (2007$). This paper summarizes the methodology and process used to develop the SCC values, complemented with our own commentary about how the SCC can be used to inform regulatory decisions and areas where further research would be particularly useful. 2012-07-08T00:00:00Z Maximum Likelihood Inference in Weakly Identified DSGE Models https://hdl.handle.net/1721.1/71553 Maximum Likelihood Inference in Weakly Identified DSGE Models Andrews, Isaiah; Mikusheva, Anna This paper examines the problem of weak identification in maximum likelihood, motivated by problems with estimation and inference a multi-dimensional, non-linear DSGE model. We suggest a test for a simple hypothesis concerning the full parameter vector which is robust to weak identification. We also suggest a test for a composite hypothesis regarding a sub-vector of parameters. The suggested test is shown to be asymptotically exact when the nuisance parameter is strongly identified, and in some cases when the nuisance parameter is weakly identified. We pay particular attention to the question of how to estimate Fisher's information, and make extensive use of martingale theory. 2011-03-21T00:00:00Z Superfund Cleanups and Infant Health https://hdl.handle.net/1721.1/71552 Superfund Cleanups and Infant Health Currie, Janet; Greenstone, Michael; Moretti, Enrico We are the first to examine the effect of Superfund cleanups on infant health rather than focusing on proximity to a site. We study singleton births to mothers residing within 5km of a Superfund site between 1989 and 2003 in five large states. Our “difference in differences” approach compares birth outcomes before and after a site clean-up for mothers who live within 2,000 meters of the site and those who live between 2,000- 5,000 meters of a site. We find that proximity to a Superfund site before cleanup is associated with a 20 to 25% increase in the risk of congenital anomalies. 2011-02-23T00:00:00Z A Dynamic Theory of Resource Wars https://hdl.handle.net/1721.1/71551 A Dynamic Theory of Resource Wars Acemoglu, Daron; Golosov, Michael; Tsyvinski, Aleh; Yared, Pierre We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The interaction between the scarcity of resources and the incentives for war in the presence of limited commitment is at the center of our theory. We show that a key parameter determining the incentives for war is the elasticity of demand. Our first result identifies a novel externality that can precipitate war: price-taking firms fail to internalize the impact of their extraction on military action. In the case of inelastic resource demand, war incentives increase over time and war may become inevitable. Our second result shows that in some situations, regulation of prices and quantities by the resource-rich country can prevent war, and when this is the case, there will also be intertemporal distortions. In particular, resource extraction will tend to be slower than that prescribed by the Hotelling rule, which is the rate of extraction in the competitive environment. Our third result is that, due to limited commitment, such regulation can also precipitate war in some circumstances in which war is avoided in the competitive environment. 2010-12-31T00:00:00Z Can Institutions Be Reformed From Within? Evidence from a Randomized Experiment with the Rajasthan Police https://hdl.handle.net/1721.1/71550 Can Institutions Be Reformed From Within? Evidence from a Randomized Experiment with the Rajasthan Police Banerjee, Abhijit; Chattopadhyay, Raghabendra; Duflo, Esther; Keniston, Daniel; Singh, Nina Institutions in developing countries, particularly those inherited from the colonial period, are often thought to be subject to strong inertia. This study presents the results of a unique randomized trial testing whether these institutions can be reformed through incremental administrative change. The police department of the state of Rajasthan, India collaborated with researchers at U.S. and Indian Universities to design and implement four interventions to improve police performance and the public’s perception of the police in 162 police stations (covering over one-fifth of the state’s police stations and personnel): (1) placing community observers in police stations; (2) a freeze on transfers of police staff; (3) in-service training to update skills; and (4) weekly duty rotation with a guaranteed day off per week. These reforms were evaluated using data collected through two rounds of surveys including police interviews, decoy visits to police stations, and a large-scale public opinion and crime victimization survey—the first of its kind in India. The results illustrate that two of the reform interventions, the freeze on transfers and the training, improved police effectiveness and public and crime victims’ satisfaction. The decoy visits also led to an improvement in police performance. The other reforms showed no robust effects. This may be due to constraints on local implementation: The three successful interventions did not require the sustained cooperation of the communities or the local authorities (the station heads) and they were robustly implemented throughout the project. In contrast, the two unsuccessful interventions, which required local implementation, were not systematically implemented. 2012-02-24T00:00:00Z A Caricature (Model) of the World Economy https://hdl.handle.net/1721.1/71549 A Caricature (Model) of the World Economy Caballero, Ricardo This paper provides a stylized model of the workings of a global economy where one of its key driving factors is economic agents’ continuous struggle to find assets in which to park financial resources. This struggle naturally comes with euphoria and disappointments, as many of the "parking lots" are built too quickly or are not of the desired size. There are also global asymmetries, as some countries are endowed with more empty .land. than others, and their growth potential may also differ. I use this caricature of the world economy to describe several of the main driving forces behind recent global macroeconomic events and to discuss "quantitative" easing policies. 2010-11-23T00:00:00Z Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome https://hdl.handle.net/1721.1/71548 Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome Caballero, Ricardo In this paper I argue that the current core of macroeconomics—by which I mainly mean the so-called dynamic stochastic general equilibrium approach—has become so mesmerized with its own internal logic that it has began to confuse the precision it has achieved about its own world with the precision that it has about the real one. This is dangerous for both methodological and policy reasons. On the methodology front, macroeconomic research has been in “fine-tuning” mode within the local-maximum of the dynamic stochastic general equilibrium world, when we should be in “broad-exploration” mode. We are too far from absolute truth to be so specialized and to make the kind of confident quantitative claims that often emerge from the core. On the policy front, this confused precision creates the illusion that a minor adjustment in the standard policy framework will prevent future crises, and by doing so it leaves us overly exposed to the new and unexpected. 2010-09-27T00:00:00Z Opinion Dynamics and Learning in Social Networks https://hdl.handle.net/1721.1/71547 Opinion Dynamics and Learning in Social Networks Acemoglu, Daron; Ozdaglar, Asuman We provide an overview of recent research on belief and opinion dynamics in social networks. We discuss both Bayesian and non-Bayesian models of social learning and focus on the implications of the form of learning (e.g., Bayesian vs. non-Bayesian), the sources of information (e.g., observation vs. communication), and the structure of social networks in which individuals are situated on three key questions: (1) whether social learning will lead to consensus, i.e., to agreement among individuals starting with different views; (2) whether social learning will effectively aggregate dispersed information and thus weed out incorrect beliefs; (3) whether media sources, prominent agents, politicians and the state will be able to manipulate beliefs and spread misinformation in a society. 2012-08-30T00:00:00Z Opinion Fluctuations and Disagreement in Social Network https://hdl.handle.net/1721.1/71546 Opinion Fluctuations and Disagreement in Social Network Acemoglu, Daron; Como, Giacomo; Fagnani, Fabio; Ozdaglar, Asuman We study a stochastic gossip model of continuous opinion dynamics in a society consisting of two types of agents: regular agents, who update their beliefs according to information that they receive from their social neighbors; and stubborn agents, who never update their opinions and might represent leaders, political parties or media sources attempting to influence the beliefs in the rest of the society. When the society contains stubborn agents with different opinions, opinion dynamics never lead to a consensus (among the regular agents). Instead, beliefs in the society almost surely fail to converge, and the belief of each regular agent converges in law to a non-degenerate random variable. The model thus generates long-run disagreement and continuous opinion fluctuations. The structure of the social network and the location of stubborn agents within it shape opinion dynamics. When the society is “highly fluid,” meaning that the mixing time of the random walk on the graph describing the social network is small relative to (the inverse of) the relative size of the linkages to stubborn agents, the ergodic beliefs of most of the agents concentrate around a certain common value. We also show that under additional conditions, the ergodic beliefs distribution becomes “approximately chaotic”, meaning that the variance of the aggregate belief of the society vanishes in the large population limit while individual opinions still fluctuate significantly. 2010-09-23T00:00:00Z Dynamics of Information Exchange in Endogenou Social Networks https://hdl.handle.net/1721.1/71540 Dynamics of Information Exchange in Endogenou Social Networks Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman We develop a model of information exchange through communication and investigate its implications for information aggregation in large societies. An underlying state determines payoffs from different actions. Agents decide which others to form a costly communication link with incurring the associated cost. After receiving a private signal correlated with the underlying state, they exchange information over the induced communication network until taking an (irreversible) action. We define asymptotic learning as the fraction of agents taking the correct action converging to one in probability as a society grows large. Under truthful communication, we show that asymptotic learning occurs if (and under some additional conditions, also only if) in the induced communication network most agents are a short distance away from “information hubs,” which receive and distribute a large amount of information. Asymptotic learning therefore requires information to be aggregated in the hands of a few agents. We also show that while truthful communication may not always be a best response, it is an equilibrium when the communication network induces asymptotic learning. Moreover, we contrast equilibrium behavior with a socially optimal strategy profile, i.e., a profile that maximizes aggregate welfare. We show that when the network induces asymptotic learning, equilibrium behavior leads to maximum aggregate welfare, but this may not be the case when asymptotic learning does not occur. We then provide a systematic investigation of what types of cost structures and associated social cliques (consisting of groups of individuals inked to each other at zero cost, such as friendship networks) ensure the emergence of communication networks that lead to asymptotic learning. Our result shows that societies with 599 many and sufficiently large social cliques do not induce asymptotic learning, because each social clique would have sufficient information by itself, making communication with others relatively unattractive. Asymptotic learning results if social cliques are neither too numerous nor too large, in which communication across cliques is encouraged. 2010-09-24T00:00:00Z Innovation by Entrants and Incumbents https://hdl.handle.net/1721.1/71539 Innovation by Entrants and Incumbents Acemoglu, Daron; Cao, Dan We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more “radical” innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both entry of new firms and productivity improvements by continuing firms. Unlike in the basic Schumpeterian models, subsidies to potential entrants might decrease economic growth because they discourage productivity improvements by incumbents in response to reduced entry, which may outweigh the positive effect of greater creative destruction. As the model features entry of new firms and expansion and exit of existing firms, it also generates a non-degenerate equilibrium firm size distribution. We show that when there is also costly imitation preventing any sector from falling too far below the average, the stationary firm size distribution is Pareto with an exponent approximately equal to one (the so-called “Zipf” distribution”). 2010-09-12T00:00:00Z Diversity, Social Goods Provision, and Performance in the Firm https://hdl.handle.net/1721.1/71538 Diversity, Social Goods Provision, and Performance in the Firm Ellison, Sara; Greenbaum, Jeffrey The last decade has seen a growing interest among economists on the effect of diversity on the provision of social goods and the stock of social capital. Indeed, in the workplace, cooperation, trust, and other social goods may be important elements of the smooth functioning of an office, but firm owners ultimately care about an office’s performance, as reflected in revenues, costs, and profits. We explore this next logical question: how does diversity affect ultimate performance? We have a unique data set from a firm which operates numerous small offices in the United States and abroad. They have provided us with eight years of individual-level employee survey data, which measure quantities such as level of cooperation, as well as office-level measures of diversity and performance over that period. We find some evidence that more homogeneous offices enjoy higher levels of social goods provision but that those offices do not perform any better and may actually perform worse. We speculate that one possible reason that the more homogeneous offices do not perform better despite higher levels of social goods provision is that they do not have as diverse a portfolio of skills, talents, and interests on which to draw. 2010-08-31T00:00:00Z Property Taxes Under "Classificiation:" Why Do Firms pay More? https://hdl.handle.net/1721.1/71537 Property Taxes Under "Classificiation:" Why Do Firms pay More? Lee, Nai Jia; Wheaton, William This paper examines how communities will behave if they are given the option of taxing the property of commercial establishments (factories, shopping centers, office buildings, etc) at different rates from residential housing. In the last 2 decades many states have enacted legislation which allows communities to discriminate in this manner – called “classification”. We build a simple model wherein firms provide tax revenue without using local services and also create a valuable local job base. Towns thus confront a well defined choice: raise commercial taxes and gain revenue but risk loosing jobs. Firms in turn need to choose a community to locate in but do so with a (finite) negative elasticity with respect to the town taxes. The model yields two schedules between commercial tax rates and firm concentration in a community. A “demand” schedule has greater firm concentration leading a town to select higher commercial taxes, while a “supply” schedule has higher taxes leading to less firm concentration. The model comparative statics suggest that smaller and wealthier communities will encourage firms by keeping taxes low and rely less on their tax subsidy. Empirically we create a panel of towns in Massachusetts that covers the years prior to and after the state allowed such tax discrimination. With this data we find that towns with more pre-existing commerce chose to discriminate most, that such higher taxes gradually do discourage firm location, and that smaller and wealthier towns tend not to engage in tax discrimination. 2010-06-29T00:00:00Z Robust Comparative Statics in Large Dynamic Economies https://hdl.handle.net/1721.1/71535 Robust Comparative Statics in Large Dynamic Economies Acemoglu, Daron; Jensen, Martin Kaae We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Huggett, and models of entry, exit and industry dynamics in the spirit of Hopenhayn's work as special cases. Robust and easy-to-apply comparative statics results are established with respect to exogenous parameters as well as various kinds of changes in the Markov processes governing the law of motion of the idiosyncratic shocks. These results complement the existing literature which uses simulations and numerical analysis to study this class of models and are illustrated using a number of examples. 2012-06-14T00:00:00Z Finding Eldorado: Slavery and Long-run Development in Colombia https://hdl.handle.net/1721.1/71534 Finding Eldorado: Slavery and Long-run Development in Colombia Acemoglu, Daron; Garcia-Jimeno, Camilo; Robinson, James A. Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively across the Americas, and slavery remained prevalent in most countries after independence from the European powers. We investigate the impact of slavery on long-run development in Colombia. Our identification strategy compares municipalities that had gold mines during the 17th and 18th centuries to neighboring municipalities without gold mines. Gold mining was a major source of demand for slave labor during colonial times, and all colonial gold mines are now depleted. We find that the historical presence of slavery is associated with increased poverty and reduced school enrollment, vaccination coverage and public good provision. We also find that slavery is associated with higher contemporary land inequality. 2012-06-12T00:00:00Z A Geometric Approach to Weakly Identified Econometric Models https://hdl.handle.net/1721.1/71533 A Geometric Approach to Weakly Identified Econometric Models Andrews, Isaiah; Mikusheva, Anna Many nonlinear Econometric models show evidence of weak identification, including many Dynamic Stochastic General Equilibrium models, New Keynesian Phillips curve models, and models with forward-looking expectations. In this paper we consider minimum distance statistics and show that in a broad class of models the problem of testing under weak identification is closely related to the problem of testing a ``curved null'' in a finite-sample Gaussian model. Using the curvature of the model, we develop new finite-sample bounds on the distribution of Anderson-Rubin-type statistics, which we show can be used to detect weak identification and to construct tests robust to weak identification. We apply the new method to a small-scale DSGE model and show that it provides a significant improvement over existing methods. 2012-05-29T00:00:00Z Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge Massachusetts https://hdl.handle.net/1721.1/71532 Housing Market Spillovers: Evidence from the End of Rent Control in Cambridge Massachusetts Autor, David; Palmer, Christopher J.; Pathak, Parag A. Understanding potential spillovers from the attributes and actions of neighborhood residents onto the value of surrounding properties and neighborhoods is central to both the theory of urban economics and the development of efficient housing policy. This paper measures the capitalization of housing market spillovers by studying the sudden and largely unanticipated 1995 elimination of stringent rent controls in Cambridge, Massachusetts that had previously muted landlords’ investment incentives and altered the assignment of residents to locations. Pooling administrative data on the assessed values of each residential property and the prices and characteristics of all residential transactions between 1988 and 2005, we find that rent control’s removal produced large, positive, and robust spillovers onto the price of never-controlled housing from nearby decontrolled units. Elimination of rent control added about $1.8 billion to the value of Cambridge’s housing stock between 1994 and 2004, equal to nearly a quarter of total Cambridge residential price appreciation in this period. Positive spillovers to never-controlled properties account for more half of the induced price appreciation. Residential investments can explain only a small fraction of the total. 2012-05-24T00:00:00Z Inference on Treatment Effects after Selection amongst High-Dimensional Controls https://hdl.handle.net/1721.1/71531 Inference on Treatment Effects after Selection amongst High-Dimensional Controls Belloni, Alexandre; Chernozhukov, Victor; Hansen, Christian We propose robust methods for inference on the effect of a treatment variable on a scalar outcome in the presence of very many controls. Our setting is a partially linear model with possibly non-Gaussian and heteroscedastic disturbances where the number of controls may be much larger than the sample size. To make informative inference feasible, we require the model to be approximately sparse; that is, we require that the effect of confounding factors can be controlled for up to a small approximation error by conditioning on a relatively small number of controls whose identities are unknown. The latter condition makes it possible to estimate the treatment effect by selecting approximately the right set of controls. We develop a novel estimation and uniformly valid inference method for the treatment effect in this setting, called the “post-double-selection” method. Our results apply to Lasso-type methods used for covariate selection as well as to any other model selection method that is able to find a sparse model with good approximation properties. The main attractive feature of our method is that it allows for imperfect selection of the controls and provides confidence intervals that are valid uniformly across a large class of models. In contrast, standard post-model selection estimators fail to provide uniform inference even in simple cases with a small, fixed number of controls. Thus our method resolves the problem of uniform inference after model selection for a large, interesting class of models. We illustrate the use of the developed methods with numerical simulations and an application to the effect of abortion on crime rates. 2012-05-03T00:00:00Z The China Syndrome: Local Labor Market Effects of Import Competition in the United States https://hdl.handle.net/1721.1/71139 The China Syndrome: Local Labor Market Effects of Import Competition in the United States Autor, David; Dorn, David; Hanson, Gordon We analyze the effect of rising Chinese import competition between 1990 and 2007 on local U.S. labor markets, exploiting cross-market variation in import exposure stemming from initial differences in industry specialization while instrumenting for imports using changes in Chinese imports by industry to other high-income countries. Rising exposure increases unemployment, lowers labor force participation, and reduces wages in local labor markets. Conservatively, it explains one-quarter of the contemporaneous aggregate decline in U.S. manufacturing employment. Transfer benefits payments for unemployment, disability, retirement, and healthcare also rise sharply in exposed labor markets. 2012-05-02T00:00:00Z Explaining Charter School Effectiveness https://hdl.handle.net/1721.1/71138 Explaining Charter School Effectiveness Angrist, Joshua; Pathak, Parag; Walters, Christopher Estimates using admissions lotteries suggest that urban charter schools boost student achievement, while charter schools in other settings do not. Using the largest available sample of lotteried applicants to charter schools, we explore student-level and school-level explanations for this difference in Massachusetts. In an econometric framework that isolates sources of charter effect heterogeneity, we show that urban charter schools boost achievement well beyond that of urban public school students, while non-urban charters reduce achievement from a higher baseline. Student demographics explain some of these gains since urban charters are most effective for non-whites and low-baseline achievers. At the same time, non-urban charter schools are uniformly ineffective. Our estimates also reveal important school-level heterogeneity within the urban charter sample. A non¬-lottery analysis suggests that urban charters with binding, well-documented admissions lotteries generate larger score gains than under-subscribed urban charter schools with poor lottery records. Finally, we link charter impacts to school characteristics such as peer composition, length of school day, and school philosophy. The relative effectiveness of urban lottery-sample charters is accounted for by those schools’ embraces of the No Excuses approach to urban education. 2012-04-12T00:00:00Z Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves https://hdl.handle.net/1721.1/71137 Up in Smoke: The Influence of Household Behavior on the Long-Run Impact of Improved Cooking Stoves Hanna, Rema; Duflo, Esther; Greenstone, Michael It is conventional wisdom that it is possible to reduce exposure to indoor air pollution, improve health outcomes, and decrease greenhouse gas emissions in rural areas of developing countries through the adoption of improved cooking stoves. This is largely supported by observational field studies and engineering or laboratory experiments. However, we provide new evidence, from a randomized control trial conducted in rural Orissa, India (one of the poorest places in India) on the benefits of a commonly used improved stove that laboratory tests showed to reduce indoor air pollution and require less fuel. We track households for up to four years after they received the stove. While we find a meaningful reduction in smoke inhalation in the first year, there is no effect over longer time horizons. We find no evidence of improvements in lung functioning or health and there is no change in fuel consumption (and presumably greenhouse gas emissions). The difference between the laboratory and field findings appears to result from households’ revealed low valuation of the stoves. Households failed to use the stoves regularly or appropriately, did not make the necessary investments to maintain them properly, and usage rates ultimately declined further over time. More broadly, this study underscores the need to test environmental and health technologies in real-world settings where behavior may temper impacts, and to test them over a long enough horizon to understand how this behavioral effect evolves over time. This revision: April 30, 2012. Original submission: April 16, 2012. 2012-04-30T00:00:00Z The World Our Grandchildren Will Inherit: The Rights Revolution and Beyond https://hdl.handle.net/1721.1/70537 The World Our Grandchildren Will Inherit: The Rights Revolution and Beyond Acemoglu, Daron Following on Keynes’s Economic Possibilities for Our Grandchildren, this paper develops conjectures about the world we will leave to our grandchildren. It starts by outlining the 10 most important trends that have defined our economic, social, and political lives over the last 100 years. It then provides a framework for interpreting these trends, emphasizing the role of the expansion of political and civil rights and institutional changes in this process. It then uses this framework for extrapolating these 10 trends into the next 100 years. 2012-04-06T00:00:00Z Corruption https://hdl.handle.net/1721.1/69815 Corruption Banerjee, Abhijit; Hanna, Rema; Mullainathan, Sendhil In this paper, we provide a new framework for analyzing corruption in public bureaucracies. The standard way to model corruption is as an example of moral hazard, which then leads to a focus on better monitoring and stricter penalties with the eradication of corruption as the final goal. We propose an alternative approach which emphasizes why corruption arises in the first place. Corruption is modeled as a consequence of the interaction between the underlying task being performed by bureaucrat, the bureaucrat's private incentives and what the principal can observe and control. This allows us to study not just corruption but also other distortions that arise simultaneously with corruption, such as red-tape and ultimately, the quality and efficiency of the public services provided, and how these outcomes vary depending on the specific features of this task. We then review the growing empirical literature on corruption through this perspective and provide guidance for future empirical research. 2012-03-13T00:00:00Z School Governance, Teacher Incentives, and Pupil-Teacher Ratios: Experimental Evidence from Kenyan Primary Schools https://hdl.handle.net/1721.1/69645 School Governance, Teacher Incentives, and Pupil-Teacher Ratios: Experimental Evidence from Kenyan Primary Schools Duflo, Esther; Dupas, Pascaline; Kremer, Michael We examine a program that enabled Parent-Teacher Associations (PTAs) in Kenya to hire novice teachers on short-term contracts, reducing class sizes in grade one from 82 to 44 on average. PTA teachers earned approximately one-quarter as much as teachers operating under central government civil-service institutions but were absent one day per week less and their students learned more. In the weak institutional environment we study, civil-service teachers responded to the program along two margins: first, they reduced their effort in response to the drop in the pupil-teacher ratio, and second, they influenced PTA committees to hire their relatives. Both effects reduced the educational impact of the program. A governance program that empowered parents within PTAs mitigated both effects. Better performing contract teachers are more likely to transition into civil-service positions and we estimate large potential dynamic benefits of contract teacher programs on the teacher workforce. 2012-03-12T00:00:00Z On the Road: Access to Transportation Infrastructure and Economic Growth in China https://hdl.handle.net/1721.1/69644 On the Road: Access to Transportation Infrastructure and Economic Growth in China Banerjee, Abhijit; Duflo, Esther; Qian, Nancy This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities. Our results show that proximity to transportation networks have a moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a simple theoretical framework with empirically testable predictions to interpret our results. We argue that our results are consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development. 2012-02-29T00:00:00Z Paying Too Much for Energy? The True Costs of Our Energy Choices https://hdl.handle.net/1721.1/69614 Paying Too Much for Energy? The True Costs of Our Energy Choices Greenstone, Michael; Looney, Adam This paper estimates the effect of access to transportation networks on regional economic outcomes in China over a twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact that these networks tend to connect historical cities. Our results show that proximity to transportation networks have a moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a simple theoretical framework with empirically testable predictions to interpret our results. We argue that our results are consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development. Note: Despite reference to earlier paper and paper's revision date, this is the first time this paper has been an MIT, Dept of Economics working paper. 2012-02-24T00:00:00Z Is There an Energy Efficiency Gap? https://hdl.handle.net/1721.1/69591 Is There an Energy Efficiency Gap? Alcott, Hunt; Greenstone, Michael Many analysts have argued that energy efficiency investments offer an enormous “win-win” opportunity to both reduce negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock with two types of market failures: first, uninternalized externalities from energy consumption, and second, forces such as imperfect information that cause consumers and firms not to exploit privately-profitable energy efficiency investments. The model clarifies that only if the second type of market failure cannot be addressed directly through mechanisms such as information provision, energy efficiency subsidies and standards may be merited. We therefore review the empirical work on the magnitude of profitable unexploited energy efficiency investments, a literature which frequently does not meet modern standards for credibly estimating the net present value of energy cost savings and often leaves other benefits and costs unmeasured. These problems notwithstanding, recent empirical work in a variety of contexts implies that on average the magnitude of profitable unexploited investment opportunities is much smaller than engineering-accounting studies suggest. Finally, there is tremendous opportunity and need for policy-relevant research that utilizes randomized controlled trials and quasi-experimental techniques to estimate the returns to energy efficiency investments and the welfare effects of energy efficiency programs. 2012-01-17T00:00:00Z What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology https://hdl.handle.net/1721.1/69590 What Does Human Capital Do? A Review of Goldin and Katz's The Race between Education and Technology Acemoglu, Daron; Autor, David Goldin and Katz’s The Race between Education and Technology is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the theoretical and conceptual underpinnings of this work and documents the success of Goldin and Katz’s framework in accounting for numerous broad labor market trends. The essay also considers areas where the framework falls short in explaining several key labor market puzzles of recent decades and argues that these shortcomings can potentially be overcome by relaxing the implicit equivalence drawn between workers’ skills and their job tasks in the conceptual framework on which Goldin and Katz build. The essay argues that allowing for a richer set of interactions between skills and technologies in accomplishing job tasks both augments and refines the predictions of Goldin and Katz’s approach and suggests an even more important role for human capital in economic growth than indicated by their analysis. This revision: February 2, 2012. Original submission: January 11, 2012. 2012-03-07T00:00:00Z The Unsustainable Rise of the Disability Rolls in the United States: Causes, Consequences, and Policy Options https://hdl.handle.net/1721.1/68650 The Unsustainable Rise of the Disability Rolls in the United States: Causes, Consequences, and Policy Options Autor, David Two ailments limit the effectiveness and threaten the long-term viability of the U.S. Social Security Disability Insurance program (SSDI). First, the program is ineffective in assisting the vast majority of workers with less severe disabilities to reach their employment potential or earn their own way. Second, the program’s expenditures on cash transfers and medical benefits— exceeding $1,500 per U.S. household—are extremely high and growing unsustainably. There is no compelling evidence, however, that the incidence of disabling conditions among the U.S. working age population is rising. This paper discusses the challenges facing the SSDI program, explains how its design has led to rapid and unsustainable growth, considers why past efforts to slow program growth have met with minimal and fleeting success, and outlines three recent proposals that would modify the program to slow growth while potentially improving the employment prospects of workers with disabilities. Because these proposals depart substantially from a program design that has seen little change in half a century, their efficacy is unproven. Additionally, even well-meaning efforts to place the SSDI program on a sustainable trajectory run the risk of creating additional hurdles for claimants who are truly unable to work. Nevertheless, the imminent exhaustion of the SSDI Trust Fund provides an impetus and an opportunity to explore innovative solutions to the longstanding policy challenges posed by the SSDI program. 2012-01-24T00:00:00Z The Network Origins of Aggregate Fluctuations https://hdl.handle.net/1721.1/66965 The Network Origins of Aggregate Fluctuations Acemoglu, Daron; Carvalho, Vasco; Ozdaglar, Asuman; Tahbaz-Salehi, Alireza This paper argues that in the presence of intersectoral input-output linkages, microeconomic idiosyncratic shocks may lead to aggregate fluctuations. In particular, it shows that, as the economy becomes more disaggregated, the rate at which aggregate volatility decays is determined by the structure of the network capturing such linkages. Our main results provide a characterization of this relationship in terms of the importance of different sectors as suppliers to their immediate customers as well as their role as indirect suppliers to chains of downstream sectors. Such higher-order interconnections capture the possibility of “cascade effects” whereby productivity shocks to a sector propagate not only to its immediate downstream customers, but also indirectly to the rest of the economy. Our results highlight that sizable aggregate volatility is obtained from sectoral idiosyncratic shocks only if there exists significant asymmetry in the roles that sectors play as suppliers to others, and that the “sparseness” of the input-output matrix is unrelated to the nature of aggregate fluctuations. 2011-10-20T00:00:00Z Optimal Monetary Policy with Informational Frictions https://hdl.handle.net/1721.1/66950 Optimal Monetary Policy with Informational Frictions Angeletos, George-Marios; La'O, Jennifer We study optimal monetary policy in an environment in which firms’ pricing and production decisions are subject to informational frictions. Our framework accommodates multiple formalizations of these frictions, including dispersed private information, sticky information, and certain forms of inattention. An appropriate notion of constrained efficiency is analyzed alongside the Ramsey policy problem. Similar to the New-Keynesian paradigm, efficiency obtains with a subsidy that removes the monopoly distortion and a monetary policy that replicates flexible-price allocations. Nevertheless, “divine coincidence” breaks down and full price stability is no more optimal. Rather, the optimal policy is to “lean against the wind”, that is, to target a negative correlation between the price level and real economic activity. Revised version 2011-11-05T00:00:00Z History, Expectations, and Leadership in the Evolution of Social Norms https://hdl.handle.net/1721.1/66949 History, Expectations, and Leadership in the Evolution of Social Norms Acemoglu, Daron; Jackson, Matthew We study the evolution of the social norm of “cooperation” in a dynamic environment. Each agent lives for two periods and interacts with agents from the previous and next generations via a coordination game. Social norms emerge as patterns of behavior that are stable in part due to agents’ interpretations of private information about the past, which are influenced by occasional past behaviors that are commonly observed. We first characterize the (extreme) cases under which history completely drives equilibrium play, leading to a social norm of high or low cooperation. In intermediate cases, the impact of history is potentially countered by occasional “prominent” agents, whose actions are visible by all future agents, and who can leverage their greater visibility to influence expectations of future agents and overturn social norms of low cooperation. We also show that in equilibria not completely driven by history, there is a pattern of “reversion” whereby play starting with high (low) cooperation reverts toward lower (higher) cooperation. August 31, 2013 revision to this paper is available at http://hdl.handle.net/1721.1/81956. 2011-11-05T00:00:00Z The theory of macro-economic regulation and the current economic crisis in the United States https://hdl.handle.net/1721.1/66674 The theory of macro-economic regulation and the current economic crisis in the United States Piore, Michael J. 1981-01-01T00:00:00Z Optimal fiscal and monetary policy, and economic growth, https://hdl.handle.net/1721.1/66673 Optimal fiscal and monetary policy, and economic growth, Foley, Duncan K.; Shell, Karl; Sidrauski, Miguel 1968-01-01T00:00:00Z Pictures of Egypt's future : a dynamic analysis of sectoral development https://hdl.handle.net/1721.1/66672 Pictures of Egypt's future : a dynamic analysis of sectoral development Eckaus, Richard S.; Boutros-Ghali, Y.; Mohie-Eldin, Amr. 1980-01-01T00:00:00Z The economic effects of dividend taxation https://hdl.handle.net/1721.1/66671 The economic effects of dividend taxation Poterba, James M.; Summers, Lawrence H. May 1984 1984-01-01T00:00:00Z A dual maximum principle for discrete-time linear systems with economic applications, https://hdl.handle.net/1721.1/66670 A dual maximum principle for discrete-time linear systems with economic applications, MacRae, C. Duncan 1968-01-01T00:00:00Z An exact small sample test of non-nested hypotheses https://hdl.handle.net/1721.1/66669 An exact small sample test of non-nested hypotheses Feenstra, Robert; Weitzman, Martin L. 1980-01-01T00:00:00Z The theory of the firm https://hdl.handle.net/1721.1/66668 The theory of the firm Holmstrm, Bengt; Tirole, Jean January 1987, first draft, May 1987, latest revision 1987-01-01T00:00:00Z Testing price equations for stability across frequencies, https://hdl.handle.net/1721.1/66667 Testing price equations for stability across frequencies, Engle, R. F. This research was supported in part by a grant by the Cambridge Project and in part by funds and computer time form the NEBR Computer Research Center, and TROLL system 1974-01-01T00:00:00Z Models of growth with imported inputs, https://hdl.handle.net/1721.1/66666 Models of growth with imported inputs, Bardhan, Pranab K.; Lewis, Sydney 1968-01-01T00:00:00Z Errors in variables in simultaneous equation models, https://hdl.handle.net/1721.1/66665 Errors in variables in simultaneous equation models, Hausman, Jerry A. 1974-01-01T00:00:00Z Speculative growth : hints from the US economy https://hdl.handle.net/1721.1/66664 Speculative growth : hints from the US economy Caballero, Ricardo J.; Farhi, Emmanuel; Hammour, Mohamad L. Original date of pub.: November 27, 2002 2004-01-01T00:00:00Z Tariff-seeking and the efficient tariff https://hdl.handle.net/1721.1/66663 Tariff-seeking and the efficient tariff Feenstra, Robert C.; Bhagwati, Jagdish N. June 1980 1980-01-01T00:00:00Z Optimal taxation and public production, https://hdl.handle.net/1721.1/66662 Optimal taxation and public production, Diamond, Peter A. 1968-01-01T00:00:00Z A many-person Ramsey tax rule, https://hdl.handle.net/1721.1/66661 A many-person Ramsey tax rule, Diamond, Peter A. 1975-01-01T00:00:00Z Expected future tax policy and tax-exempt bond yields https://hdl.handle.net/1721.1/66660 Expected future tax policy and tax-exempt bond yields Poterba, James M. This research is part of the NBER Project on State and Local Public Finance 1984-01-01T00:00:00Z Monopolistic competition, aggregate demand externalities and real effects of nominal money https://hdl.handle.net/1721.1/66659 Monopolistic competition, aggregate demand externalities and real effects of nominal money Blanchard, Olivier; Kiyotaki, Nobuhiro November 1985 1985-01-01T00:00:00Z Price distortions, financing constraints and second-best investment rules in the transportation industries https://hdl.handle.net/1721.1/66658 Price distortions, financing constraints and second-best investment rules in the transportation industries Friedlaender, Ann Fetter; Mathur, Subodh C. January 1981 1981-01-01T00:00:00Z Policy with dispersed information https://hdl.handle.net/1721.1/66657 Policy with dispersed information Angeletos, Marios; Pavan, Alessandro October 30, 2007--title page. -- October 26, 2007--abstract page 2007-01-01T00:00:00Z Sexual harassment in the workplace https://hdl.handle.net/1721.1/66656 Sexual harassment in the workplace Basu, Kaushik February 2002.; February 7, 2002--Abstract 2002-01-01T00:00:00Z Noncooperative game theory for industrial organization : an introduction and overview https://hdl.handle.net/1721.1/66655 Noncooperative game theory for industrial organization : an introduction and overview Fudenberg, Drew; Tirole, Jean 1987-01-01T00:00:00Z Public policy implications of declining old-age mortality https://hdl.handle.net/1721.1/66654 Public policy implications of declining old-age mortality Poterba, James M.; Summers, Lawrence H. June 1985. Rev; This paper was prepared for the Brookings Conference on retirement and aging, May 2, 1985--p. [3] 1985-01-01T00:00:00Z On the simultaneous existence of full and partial capital aggregates https://hdl.handle.net/1721.1/66653 On the simultaneous existence of full and partial capital aggregates Fisher, Franklin M. 1981-01-01T00:00:00Z Reevaluating the modernization hypothesis https://hdl.handle.net/1721.1/66652 Reevaluating the modernization hypothesis Acemoglu, Daron; Johnson, Simon; Robinson, James A.; Yared, Pierre Statement of responsibility reads: Daron Acemoglu, Simon Johnson, James A. Robinson, Pierre Yared; August 2007 2007-01-01T00:00:00Z Managerial incentives : on the near optimality of linearity https://hdl.handle.net/1721.1/66651 Managerial incentives : on the near optimality of linearity Diamond, Peter A. 1995-01-01T00:00:00Z Economic and political inequality in development : the case of Cundinamarca, Colombia https://hdl.handle.net/1721.1/66650 Economic and political inequality in development : the case of Cundinamarca, Colombia Acemoglu, Daron; Bautista, Mara Anglica; Querubn Borrero, Pablo; Robinson, James A. Statement of responsibility on t.p. reads: Daron Acemoglu , Mara Angelica Bautista, Pablo Querubin, James A. Robinson; June 2007 2007-01-01T00:00:00Z Quantile regression under misspecification with an application to the U.S. wage structure https://hdl.handle.net/1721.1/66649 Quantile regression under misspecification with an application to the U.S. wage structure Angrist, Joshua David; Chernozhukov, Victor; Fernndez-Val, Ivn March 30, 2004 2004-01-01T00:00:00Z Flight to quality and bailouts : policy remarks and a literature review https://hdl.handle.net/1721.1/66648 Flight to quality and bailouts : policy remarks and a literature review Caballero, Ricardo J.; Kurlat, Pablo October 9, 2008 2008-01-01T00:00:00Z Equilibrium growth in a model with economic obsolescence of machines, https://hdl.handle.net/1721.1/66647 Equilibrium growth in a model with economic obsolescence of machines, Bardhan, Pranab K. 1968-01-01T00:00:00Z Money in search equilibrium https://hdl.handle.net/1721.1/66646 Money in search equilibrium Diamond, Peter A. Caption title; March, 1983; Series title from publisher's list 1983-01-01T00:00:00Z Wall Street and Silicon Valley : a delicate interaction https://hdl.handle.net/1721.1/66645 Wall Street and Silicon Valley : a delicate interaction Angeletos, Marios; Lorenzoni, Guido; Pavan, Alessandro September 23, 2007 2007-01-01T00:00:00Z On non-Walrasian equilibria, https://hdl.handle.net/1721.1/66644 On non-Walrasian equilibria, Varian, Hal R. 1975-01-01T00:00:00Z Duopoly with time-consuming production https://hdl.handle.net/1721.1/66643 Duopoly with time-consuming production Saloner, Garth July 1983. -- Rev. May 1984 1984-01-01T00:00:00Z On the efficiency of Keynesian equilibrium https://hdl.handle.net/1721.1/66642 On the efficiency of Keynesian equilibrium Maskin, Eric; Tirole, Jean 1980-01-01T00:00:00Z A dual approach to regularity in production economies https://hdl.handle.net/1721.1/66641 A dual approach to regularity in production economies Kehoe, Timothy Jerome 1981-01-01T00:00:00Z Rearranging Edgeworth-Cornish-Fisher expansions https://hdl.handle.net/1721.1/66640 Rearranging Edgeworth-Cornish-Fisher expansions Chernozhukov, Victor; Fernndez-Val, Ivn; Galichon, Alfred August 13, 2007 2007-01-01T00:00:00Z Exchange risk and the macroeconomics of exchange rate determination https://hdl.handle.net/1721.1/66639 Exchange risk and the macroeconomics of exchange rate determination Dornbusch, Rudiger A paper prepared for the Conference on the Internationalisation of Financial Markets and National Economic Policy. Salomon Brothers Center, New York University, April 10-11, 1980 1980-01-01T00:00:00Z The Palestinian labor market between the Gulf War and autonomy https://hdl.handle.net/1721.1/66638 The Palestinian labor market between the Gulf War and autonomy Angrist, Joshua David May 1998 1998-01-01T00:00:00Z Second order expansion of t-statistic in autoregressive models https://hdl.handle.net/1721.1/66637 Second order expansion of t-statistic in autoregressive models Mikusheva, Anna October 12, 2007 2007-01-01T00:00:00Z Robust confidence sets in the presence of weak instruments https://hdl.handle.net/1721.1/66636 Robust confidence sets in the presence of weak instruments Mikusheva, Anna August 1, 2005. Revised: October 12, 2007 2007-01-01T00:00:00Z Is the "Surge" working? : some new facts https://hdl.handle.net/1721.1/66635 Is the "Surge" working? : some new facts Greenstone, Michael Online PDF version is a revision of print copy dated Sept. 18, 2007; September 14, 2007 2007-01-01T00:00:00Z Italian small business development lessons for U.S. industrial policy https://hdl.handle.net/1721.1/66634 Italian small business development lessons for U.S. industrial policy Piore, Michael J.; Sabel, Charles F. 1981-01-01T00:00:00Z Hysteresis in unemployment https://hdl.handle.net/1721.1/66633 Hysteresis in unemployment Blanchard, Olivier; Summers, Lawrence H. 1986-01-01T00:00:00Z Production and investment in an equilibrium economy, https://hdl.handle.net/1721.1/66632 Production and investment in an equilibrium economy, MacRae, C. Duncan 1968-01-01T00:00:00Z The U.S. current account and the dollar https://hdl.handle.net/1721.1/66631 The U.S. current account and the dollar Blanchard, Olivier; Giavazzi, Francesco; Sa, Filipa January 26, 2005, rev. May 14, 2005; All p. on left hand side printed upside-down 2005-01-01T00:00:00Z Worker preferences for union representation https://hdl.handle.net/1721.1/66630 Worker preferences for union representation Farber, Henry S. August 1981 1981-01-01T00:00:00Z On a general approach to search and information gathering https://hdl.handle.net/1721.1/66629 On a general approach to search and information gathering Roberts, Kevin W. S.; Weitzman, Martin L. 1980-01-01T00:00:00Z Prenatal medical care and infant mortality https://hdl.handle.net/1721.1/66628 Prenatal medical care and infant mortality Harris, Jeffrey E. 1980-01-01T00:00:00Z Identification in linear simultaneous equations models with covariance restrictions : an instrumental variables interpretation https://hdl.handle.net/1721.1/66627 Identification in linear simultaneous equations models with covariance restrictions : an instrumental variables interpretation Hausman, Jerry A.; Taylor, William E. 1981-01-01T00:00:00Z Macro-experiments versus micro-experiments for health policy https://hdl.handle.net/1721.1/66626 Macro-experiments versus micro-experiments for health policy Harris, Jeffrey E. 1981-01-01T00:00:00Z Equilibrium refinement in dynamic voting games https://hdl.handle.net/1721.1/66625 Equilibrium refinement in dynamic voting games Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin October 16, 2009 2009-01-01T00:00:00Z The optical development of resource pools, https://hdl.handle.net/1721.1/66624 The optical development of resource pools, Weitzman, Martin L. 1975-01-01T00:00:00Z A tax-based test for nominal rigidities https://hdl.handle.net/1721.1/66623 A tax-based test for nominal rigidities Poterba, James M.; Rotemberg, Julio; Summers, Lawrence H. 1985-01-01T00:00:00Z Mobility costs, frictional unemployment, and efficiency https://hdl.handle.net/1721.1/66622 Mobility costs, frictional unemployment, and efficiency Diamond, Peter A. June 1980. -- Revised 6/80--p. 1 1980-01-01T00:00:00Z Urban housing markets and housing policy : selected readings in urban policy analysis https://hdl.handle.net/1721.1/66621 Urban housing markets and housing policy : selected readings in urban policy analysis Rothenberg, Jerome 1975-01-01T00:00:00Z Private constant returns and public shadow prices, https://hdl.handle.net/1721.1/66620 Private constant returns and public shadow prices, Diamond, Peter A.; Mirrlees, James A. 1975-01-01T00:00:00Z Uniqueness of equilibrium in production economies https://hdl.handle.net/1721.1/66619 Uniqueness of equilibrium in production economies Kehoe, Timothy Jerome 1980-01-01T00:00:00Z Union wages and the minimum wage https://hdl.handle.net/1721.1/66618 Union wages and the minimum wage Farber, Henry S. February 1981 1981-01-01T00:00:00Z A supergame-theoretic model of business cycles and price wars during booms https://hdl.handle.net/1721.1/66617 A supergame-theoretic model of business cycles and price wars during booms Rotemberg, Julio; Saloner, Garth 1984-01-01T00:00:00Z Inflation, unemployment, and public opinion polls https://hdl.handle.net/1721.1/66616 Inflation, unemployment, and public opinion polls Fischer, Stanley; Huizinga, John 1980-01-01T00:00:00Z Convergence in industrial relations? : the case of France and the United States https://hdl.handle.net/1721.1/66615 Convergence in industrial relations? : the case of France and the United States Piore, Michael J. July, 1981 1983-01-01T00:00:00Z Aggregate demand management in search equilibrium https://hdl.handle.net/1721.1/66614 Aggregate demand management in search equilibrium Diamond, Peter A. November 1980 1980-01-01T00:00:00Z Comparing specification tests and classical tests https://hdl.handle.net/1721.1/66613 Comparing specification tests and classical tests Hausman, Jerry A.; Taylor, William E. 1980-01-01T00:00:00Z Bayes and empirical Bayes methods for combining cancer experiments in man and other species https://hdl.handle.net/1721.1/66612 Bayes and empirical Bayes methods for combining cancer experiments in man and other species DuMouchel, William H.; Harris, Jeffrey E. 1981-01-01T00:00:00Z Consequences of changes in subsidy policy in Eqypt https://hdl.handle.net/1721.1/66611 Consequences of changes in subsidy policy in Eqypt Eckaus, Richard S.; Muhyi al-Din, \02BBAmr 1980-01-01T00:00:00Z An approach to the modelling of urban housing markets : part 1, housing demand https://hdl.handle.net/1721.1/66610 An approach to the modelling of urban housing markets : part 1, housing demand Rothenberg, Jerome 1975-01-01T00:00:00Z The Analysis of union behavior https://hdl.handle.net/1721.1/66609 The Analysis of union behavior Farber, Henry S. November, 1984 1984-01-01T00:00:00Z Bidding for industrial plants : does winning a "million dollar plant" increase welfare? https://hdl.handle.net/1721.1/66608 Bidding for industrial plants : does winning a "million dollar plant" increase welfare? Greenstone, Michael; Moretti, Enrico November 2004 2004-01-01T00:00:00Z Cigarette smoking among women and men in the United States, 1900-1979 https://hdl.handle.net/1721.1/66607 Cigarette smoking among women and men in the United States, 1900-1979 Harris, Jeffrey E. 1980-01-01T00:00:00Z Applications of Pontryagin's maximum principle to economics. https://hdl.handle.net/1721.1/66606 Applications of Pontryagin's maximum principle to economics. Shell, Karl 1968-01-01T00:00:00Z Aggregate production functions : does fixed capital matter ? https://hdl.handle.net/1721.1/66605 Aggregate production functions : does fixed capital matter ? Fisher, Franklin M. 1981-01-01T00:00:00Z A Political Theory of Populism https://hdl.handle.net/1721.1/65159 A Political Theory of Populism Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich elite, signals of true left-wing conviction are valuable. As a consequence, even a moderate politician seeking reelection chooses ‘populist’ policies--i.e., policies to the left of the median voter--as a way of signaling that he is not from the right. Truly right-wing politicians respond by choosing more moderate, or even left-of-center policies. This populist bias of policy is greater when the value of remaining in office is higher for the politician; when there is greater polarization between the policy preferences of the median voter and right-wing politicians; when politicians are indeed more likely to have a hidden right-wing agenda; when there is an intermediate amount of noise in the information that voters receive; when politicians are more forward-looking; and when there is greater uncertainty about the type of the incumbent. We show that similar results apply when some politicians can be corrupted or influenced through other non-electoral means by the rich elite. We also show that ‘soft term limits’ may exacerbate, rather than reduce, the populist bias of policies. 2011-08-03T00:00:00Z Why Do Voters Dismantle Checks and Balances? https://hdl.handle.net/1721.1/65158 Why Do Voters Dismantle Checks and Balances? Acemoglu, Daron; Robinson, James A.; Torvik, Ragnar Voters often dismantle constitutional checks and balances on the executive. If such checks and balances limit presidential abuses of power and rents, why do voters support their removal? We argue that by reducing politician rents, checks and balances also make it cheaper to bribe or influence politicians through non-electoral means. In weakly-institutionalized polities where such non-electoral influences, particularly by the better organized elite, are a major concern, voters may prefer a political system without checks and balances as a way of insulating politicians from these influences. When they do so, they are effectively accepting a certain amount of politician (presidential) rents in return for redistribution. We show that checks and balances are less likely to emerge when (equilibrium) politician rents are low; when the elite are better organized and are more likely to be able to influence or bribe politicians; and when inequality and potential taxes are high (which makes redistribution more valuable to the majority). We show that the main intuition, that checks and balances, by making politicians “cheaper to bribe,” are potentially costly to the majority, is valid under different ways of modeling the form of checks and balances. Keywords: corruption, checks and balances, political economy, redistribution, separation of powers, taxes. 2011-07-17T00:00:00Z Sparse Models and Methods for Optimal Instruments with an Application to Eminent Domain https://hdl.handle.net/1721.1/65157 Sparse Models and Methods for Optimal Instruments with an Application to Eminent Domain Belloni, Alexandre; Chen, Daniel; Chernozhukov, Victor; Hansen, Christian We develop results for the use of LASSO and Post-LASSO methods to form first-stage predictions and estimate optimal instruments in linear instrumental variables (IV) models with many instruments, p, that apply even when p is much larger than the sample size, n. We rigorously develop asymptotic distribution and inference theory for the resulting IV estimators and provide conditions under which these estimators are asymptotically oracle-efficient. In simulation experiments, the LASSO-based IV estimator with a data-driven penalty performs well compared to recently advocated many-instrument-robust procedures. In an empirical example dealing with the effect of judicial eminent domain decisions on economic outcomes, the LASSO based IV estimator substantially reduces estimated standard errors allowing one to draw much more precise conclusions about the economic effects of these decisions. Optimal instruments are conditional expectations; and in developing the IV results, we also establish a series of new results for LASSO and Post-LASSO estimators of non-parametric conditional expectation functions which are of independent theoretical and practical interest. Specifically, we develop the asymptotic theory for these estimators that allows for non-Gaussian, heteroscedastic disturbances, which is important for econometric applications. By innovatively using moderate deviation theory for self-normalized sums, we provide convergence rates for these estimators that are as sharp as in the homoscedastic Gaussian case under the weak condition that log p = o(n1=3). Moreover, as a practical innovation, we provide a fully data-driven method for choosing the user-specified penalty that must be provided in obtaining LASSO and Post-LASSO estimates and establish its asymptotic validity under non-Gaussian, heteroscedastic disturbances. Date: First version: June 2009, this version October 28, 2010. Preliminary results of this paper were FIRST presented at Chernozhukov's invited Cowles Foundation lecture at the Northern American meetings of the Econometric society in June of 2009. We thank seminar participants at Brown, Columbia, Harvard-MIT, the Dutch Econometric Study Group, Fuqua School of Business, and NYU for helpful comments. We also thank Denis Chetverikov, JB Doyle, and Joonhwan Lee for thorough reading of this paper and helpful feedback. 2011-07-12T00:00:00Z Inference for Extremal Conditional Quantile Models, with an Application to Market and Birthweight Risks https://hdl.handle.net/1721.1/65150 Inference for Extremal Conditional Quantile Models, with an Application to Market and Birthweight Risks Chernozhukov, Victor; Fernandez-Val, Ivan Quantile regression is an increasingly important empirical tool in economics and other sciences for analyzing the impact of a set of regressors on the conditional distribution of an outcome. Extremal quantile regression, or quantile regression applied to the tails, is of interest in many economic and financial applications, such as conditional value-at-risk, production efficiency, and adjustment bands in (S,s) models. In this paper we provide feasible inference tools for extremal conditional quantile models that rely upon extreme value approximations to the distribution of self-normalized quantile regression statistics. The methods are simple to implement and can be of independent interest even in the non-regression case. We illustrate the results with two empirical examples analyzing extreme fluctuations of a stock return and extremely low percentiles of live infants’ birth weights in the range between 250 and 1500 grams. (Monte-Carlo programs and software are available at www.mit.edu/vchern.) 2011-07-12T00:00:00Z High Dimensional Sparse Econometric Models: An Introduction https://hdl.handle.net/1721.1/65147 High Dimensional Sparse Econometric Models: An Introduction Belloni, Alexandre; Chernozhukov, Victor In this chapter we discuss conceptually high dimensional sparse econometric models as well as estimation of these models using ℓ1-penalization and post-ℓ1-penalization methods. Focusing on linear and nonparametric regression frameworks, we discuss various econometric examples, present basic theoretical results, and illustrate the concepts and methods withMonte Carlo simulations and an empirical application. In the application, we examine and confirm the empirical validity of the Solow-Swan model for international economic growth. 2011-06-26T00:00:00Z Square-Root Lasso: Pivotal Recovery of Sparse Signals via Conic Programming https://hdl.handle.net/1721.1/65146 Square-Root Lasso: Pivotal Recovery of Sparse Signals via Conic Programming Belloni, Alexandre; Chernozhukov, Victor; Wang, Lie We propose a pivotal method for estimating high-dimensional sparse linear regression models, where the overall number of regressors p is large, possibly much larger than n, but only s regressors are significant. The method is a modification of the lasso, called the square-root lasso. The method is pivotal in that it neither relies on the knowledge of the standard deviation σ or nor does it need to pre-estimate σ. Moreover, the method does not rely on normality or sub-Gaussianity of noise. It achieves near-oracle performance, attaining the convergence rate σ{(s/n) log p}1/2 in the prediction norm, and thus matching the performance of the lasso with known σ. These performance results are valid for both Gaussian and non-Gaussian errors, under some mild moment restrictions. We formulate the square-root lasso as a solution to a convex conic programming problem, which allows us to implement the estimator using efficient algorithmic methods, such as interior-point and first-order methods. 2011-06-13T00:00:00Z Conditional Quantile Processes Based on Series or Many Regressors https://hdl.handle.net/1721.1/65144 Conditional Quantile Processes Based on Series or Many Regressors Belloni, Alexandre; Chernozhukov, Victor; Fernandez-Val, Ivan Quantile regression (QR) is a principal regression method for analyzing the impact of covariates on outcomes. The impact is described by the conditional quantile function and its functionals. In this paper we develop the nonparametric QR series framework, covering many regressors as a special case, for performing inference on the entire conditional quantile function and its linear functionals. In this framework, we approximate the entire conditional quantile function by a linear combination of series terms with quantile-specific coefficients and estimate the function-valued coefficients from the data. We develop large sample theory for the empirical QR coefficient process, namely we obtain uniform strong approximations to the empirical QR coefficient process by conditionally pivotal and Gaussian processes, as well as by gradient and weighted bootstrap processes. We apply these results to obtain estimation and inference methods for linear functionals of the conditional quantile function, such as the conditional quantile function itself, its partial derivatives, average partial derivatives, and conditional average partial derivatives. Specifically, we obtain uniform rates of convergence, large sample distributions, and inference methods based on strong pivotal and Gaussian approximations and on gradient and weighted bootstraps. All of the above results are for function-valued parameters, holding uniformly in both the quantile index and in the covariate value, and covering the pointwise case as a by-product. If the function of interest is monotone, we show how to use monotonization procedures to improve estimation and inference. We demonstrate the practical utility of these results with an empirical example, where we estimate the price elasticity function of the individual demand for gasoline, as indexed by the individual unobserved propensity for gasoline consumption. 2011-06-01T00:00:00Z Lasso Methods for Gaussian Instrumental Variables Models https://hdl.handle.net/1721.1/65142 Lasso Methods for Gaussian Instrumental Variables Models Belloni, Alexandre; Chernozhukov, Victor; Hansen, Christian In this note, we propose the use of sparse methods (e.g., LASSO, Post-LASSO, p LASSO, and Post-p LASSO) to form first-stage predictions and estimate optimal instruments in linear instrumental variables (IV) models with many instruments in the canonical Gaussian case. The methods apply even when the number of instruments is much larger than the sample size. We derive asymptotic distributions for the resulting IV estimators and provide conditions under which these sparsity-based IV estimators are asymptotically oracle-efficient. In simulation experiments, a sparsity-based IV estimator with a data-driven penalty performs well compared to recently advocated many-instrument-robust procedures. We illustrate the procedure in an empirical example using the Angrist and Krueger (1991) schooling data. 2011-02-25T00:00:00Z An Empirical Study of Pricing Strategies in an Online Market with High Frequency Price Information https://hdl.handle.net/1721.1/65116 An Empirical Study of Pricing Strategies in an Online Market with High Frequency Price Information Ellison, Sara Fisher; Snyder, Christopher M. We study competition among a score of firms participating in an online market for a commodity-type memory module. Firms were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first), with better ranks contributing to firms’ sales. Using a year’s worth of hourly data, we document the pricing dynamics, cycles, and other patterns in this market. We then characterize empirically the factors which drive price changes, noting clear evidence of firm heterogeneity in the choice of pricing strategy. Finally, we develop a framework for simulating counterfactual market settings, using the simulations to examine counterfactuals involving different mixes of firms according to pricing strategies. 2011-07-12T00:00:00Z Cycles, Gaps, and the Social Value of Information https://hdl.handle.net/1721.1/65114 Cycles, Gaps, and the Social Value of Information Angeletos, George-Marios; Iovino, Luigi; La'O, Jennifer What are the welfare effects of the information contained in macroeconomic statistics, central-bank communications, or news in the media? We address this question in a business-cycle framework that nests the neoclassical core of modern DSGE models. Earlier lessons that were based on “beauty contests” (Morris and Shin, 2002) are found to be inapplicable. Instead, the social value of information is shown to hinge on essentially the same conditions as the optimality of output stabilization policies. More precise information is unambiguously welfare-improving as long as the business cycle is driven primarily by technology and preference shocks—but can be detrimental when shocks to markups and wedges cause sufficient volatility in “output gaps.” A numerical exploration suggests that the first scenario is more plausible. 2011-07-09T00:00:00Z Least Squares after Model Selection in High-Dimensional Sparse Models https://hdl.handle.net/1721.1/65111 Least Squares after Model Selection in High-Dimensional Sparse Models Belloni, Alexandre; Chernozhukov, Victor In this paper we study post-model selection estimators which apply ordinary least squares (ols) to the model selected by first-step penalized estimators, typically lasso. It is well known that lasso can estimate the non-parametric regression function at nearly the oracle rate, and is thus hard to improve upon. We show that ols post lasso estimator performs at least as well as lasso in terms of the rate of convergence, and has the advantage of a smaller bias. Remarkably, this performance occurs even if the lasso-based model selection “fails” in the sense of missing some components of the “true” regression model. By the “true” model we mean here the best s-dimensional approximation to the nonparametric regression function chosen by the oracle. Furthermore, ols post lasso estimator can perform strictly better than lasso, in the sense of a strictly faster rate of convergence, if the lasso-based model selection correctly includes all components of the “true” model as a subset and also achieves sufficient sparsity. In the extreme case, when lasso perfectly selects the “true” model, the ols post lasso estimator becomes the oracle estimator. An important ingredient in our analysis is a new sparsity bound on the dimension of the model selected by lasso which guarantees that this dimension is at most of the same order as the dimension of the “true” model. Our rate results are non-asymptotic and hold in both parametric and nonparametric models. Moreover, our analysis is not limited to the lasso estimator acting as selector in the first step, but also applies to any other estimator, for example various forms of thresholded lasso, with good rates and good sparsity properties. Our analysis covers both traditional thresholding and a new practical, data-driven thresholding scheme that induces maximal sparsity subject to maintaining a certain goodness-of-fit. The latter scheme has theoretical guarantees similar to those of lasso or ols post lasso, but it dominates these procedures as well as traditional thresholding in a wide variety of experiments. Note: new title. Former title = Post-ℓ1-Penalized Estimators in High-Dimensional Linear Regression Models. First Version submitted March 29, 2010; Orig. date Jan 4, 2009; this revision June 14, 2011 2009-01-04T00:00:00Z Environmental Regulations, Air and Water Pollution, & Infant Mortality in India https://hdl.handle.net/1721.1/65102 Environmental Regulations, Air and Water Pollution, & Infant Mortality in India Greenstone, Michael; Hanna, Rema Using the most comprehensive data file ever compiled on air pollution, water pollution, environmental regulations, and infant mortality from a developing country, the paper examines the effectiveness of India’s environmental regulations. The air pollution regulations were effective at reducing ambient concentrations of particulate matter, sulfur dioxide, and nitrogen dioxide. The most successful air pollution regulation is associated with a modest and statistically insignificant decline in infant mortality. However, the water pollution regulations had no observable effect. Overall, these results contradict the conventional wisdom that environmental quality is a deterministic function of income and underscore the role of institutions and politics. February 18, 2013 revision to this paper is available at http://hdl.handle.net/1721.1/81950. 2011-07-01T00:00:00Z Zombie lending and depressed restructuring in Japan https://hdl.handle.net/1721.1/64412 Zombie lending and depressed restructuring in Japan Caballero, Ricardo J.; Hoshi, Takeo; Kashyap, A. K. March 8, 2006 2006-01-01T00:00:00Z A "vertical" analysis of crises and intervention : fear of floating and ex-ante problems https://hdl.handle.net/1721.1/64398 A "vertical" analysis of crises and intervention : fear of floating and ex-ante problems Caballero, Ricardo J.; Krishnamurthy, Arvind Title from cover; July 5, 2001 2001-01-01T00:00:00Z Why do new technologies complement skills? : directed technical change and wage inequality https://hdl.handle.net/1721.1/64397 Why do new technologies complement skills? : directed technical change and wage inequality Acemoglu, Daron 1997-01-01T00:00:00Z Upstairs, downstairs : computers and skills on two floors of a large bank https://hdl.handle.net/1721.1/64396 Upstairs, downstairs : computers and skills on two floors of a large bank Autor, David H.; Levy, Frank; Murnane, Richard J. Revised August 2001 2001-01-01T00:00:00Z Will job testing harm minority workers? https://hdl.handle.net/1721.1/64395 Will job testing harm minority workers? Autor, David H.; Scarborough, David August 23, 2004. -- August 2004, revised from December 2003--P. 1 2004-01-01T00:00:00Z Venture capital and capital gains taxation https://hdl.handle.net/1721.1/64394 Venture capital and capital gains taxation Poterba, James M. 1988-01-01T00:00:00Z Using privileged information to manipulate markets : insiders, gurus, and credibility https://hdl.handle.net/1721.1/64393 Using privileged information to manipulate markets : insiders, gurus, and credibility Benabou, Roland; Laroque, Guy June 1988. Revised January 1989 1989-01-01T00:00:00Z Value subtracted, negative shadow prices of factors in project evaluation, and immiserizing growth : three paradoxes in the presence of trade distortions https://hdl.handle.net/1721.1/64392 Value subtracted, negative shadow prices of factors in project evaluation, and immiserizing growth : three paradoxes in the presence of trade distortions Bhagwati, Jagdish N.; Srinivasan, T. N.; Wan, Henry Y. Research support by the National Science Foundation Grant No. SOC77-07188 .. 1977-01-01T00:00:00Z What is middle class about the middle classes around the world https://hdl.handle.net/1721.1/64391 What is middle class about the middle classes around the world Banerjee, Abhijit V.; Duflo, Esther December 11, 2007 2007-01-01T00:00:00Z What will it take to restore the housing market? https://hdl.handle.net/1721.1/64390 What will it take to restore the housing market? Wheaton, William C.; Nechayev-Katzev, Gleb L. March 1, 2009 2009-01-01T00:00:00Z Why was stock market volatility so high during the Great Depression? : evidence from 10 countries during the interwar period https://hdl.handle.net/1721.1/64389 Why was stock market volatility so high during the Great Depression? : evidence from 10 countries during the interwar period Voth, Hans-Joachim February 2002.; 12.2.2002--Abstract 2002-01-01T00:00:00Z Unemployment and price dynamics in a monetary-fiscal policy model, https://hdl.handle.net/1721.1/64388 Unemployment and price dynamics in a monetary-fiscal policy model, Foley, Duncan K. 1971-01-01T00:00:00Z Why did the west extend the franchise? : democracy, inequality and growth in historical perspective https://hdl.handle.net/1721.1/64387 Why did the west extend the franchise? : democracy, inequality and growth in historical perspective Acemoglu, Daron; Robinson, James A. Caption title 1996-01-01T00:00:00Z What we know and do not know about the natural rate of unemployment https://hdl.handle.net/1721.1/64386 What we know and do not know about the natural rate of unemployment Blanchard, Olivier; Katz, Lawrence F. 1996-01-01T00:00:00Z Why has CEO pay increased so much? https://hdl.handle.net/1721.1/64385 Why has CEO pay increased so much? Gabaix, Xavier; Landier, Augustin January 26, 2006. -- Revised: May 8, 2006 2006-01-01T00:00:00Z A unified theory of consistent estimation for parametric models https://hdl.handle.net/1721.1/64384 A unified theory of consistent estimation for parametric models Bates, Charles; White, Halbert November 1984 1984-01-01T00:00:00Z Voting weights and formateur advantages in the formation of coalition governments https://hdl.handle.net/1721.1/64383 Voting weights and formateur advantages in the formation of coalition governments Ansolabehere, Stephen July 2003 2003-01-01T00:00:00Z What do we learn from unit roots in macroeconomic time series? https://hdl.handle.net/1721.1/64382 What do we learn from unit roots in macroeconomic time series? Quah, Danny 1987-01-01T00:00:00Z Undersmoothing and bias corrected functional estimation https://hdl.handle.net/1721.1/64381 Undersmoothing and bias corrected functional estimation Newey, Whitney K.; Hsieh, Fushing; Robins, James Additional authors found in caption title include: Fushing Hsieh and James Robins; October, 1998.--T.p. -- First version October 1991; revised July 1998--Pref. [p. 0] 1998-01-01T00:00:00Z Why some firms export https://hdl.handle.net/1721.1/64380 Why some firms export Bernard, Andrew B.; Jensen, J. Bradford 1997-01-01T00:00:00Z Vertical integration and long term contracts : the case of coal burning electric generating plants https://hdl.handle.net/1721.1/64379 Vertical integration and long term contracts : the case of coal burning electric generating plants Joskow, Paul L. 1984-01-01T00:00:00Z Were the Russian serfs overcharged for their land in 1861? the history of one historical table https://hdl.handle.net/1721.1/64378 Were the Russian serfs overcharged for their land in 1861? the history of one historical table Domar, Evsey D. August 1985 1985-01-01T00:00:00Z The U.S. current account and the dollar https://hdl.handle.net/1721.1/64377 The U.S. current account and the dollar Blanchard, Olivier; Giavazzi, Francesco; Sa, Filipa January 26, 2005 2005-01-01T00:00:00Z Was Prometheus unbound by chance? : risk, diversification and growth https://hdl.handle.net/1721.1/64376 Was Prometheus unbound by chance? : risk, diversification and growth Acemoglu, Daron; Zilibotti, Fabrizio 1995-01-01T00:00:00Z Unverifiable information, incomplete contracts, and renegotiation https://hdl.handle.net/1721.1/64375 Unverifiable information, incomplete contracts, and renegotiation Nldeke, Georg; Schmidt, Klaus M. February 1992 1992-01-01T00:00:00Z Winter heating or clean air? : unintended impacts of China's Huai River Policy https://hdl.handle.net/1721.1/64374 Winter heating or clean air? : unintended impacts of China's Huai River Policy Almond, Douglas; Chen, Yuyu; Greenstone, Michael; Li, Hongbin Statement of responsibility on t.p. reads: Douglas Almond Jr., Yuyu Chen, Michael Greenstone, Li Hongbin; January 9, 2009 2009-01-01T00:00:00Z Wages, income and hours of work in the U.S. labor force, https://hdl.handle.net/1721.1/64373 Wages, income and hours of work in the U.S. labor force, Hall, Robert Ernest 1970-01-01T00:00:00Z Why are the 2000s so different from the 1970s? : a structural interpretation of changes in the macroeconomic effects of oil prices https://hdl.handle.net/1721.1/64372 Why are the 2000s so different from the 1970s? : a structural interpretation of changes in the macroeconomic effects of oil prices Blanchard, Olivier; Riggi, Marianna October 27, 2009 2009-01-01T00:00:00Z The uses of economic theory : against a purely positive interpretation of theoretical results https://hdl.handle.net/1721.1/64371 The uses of economic theory : against a purely positive interpretation of theoretical results Banerjee, Abhijit V. May 30, 2002 2002-01-01T00:00:00Z The wage price spiral https://hdl.handle.net/1721.1/64370 The wage price spiral Blanchard, Olivier November 1985 1985-01-01T00:00:00Z Why did the west extend the franchise? : democracy, inequality and growth in historical perspective https://hdl.handle.net/1721.1/64369 Why did the west extend the franchise? : democracy, inequality and growth in historical perspective Acemoglu, Daron; Robinson, James A. 1997-01-01T00:00:00Z Welfare analysis of imperfect information equilibria https://hdl.handle.net/1721.1/64368 Welfare analysis of imperfect information equilibria Diamond, Peter A. 1976-01-01T00:00:00Z Which households own municipal bonds? : evidence from tax returns https://hdl.handle.net/1721.1/64367 Which households own municipal bonds? : evidence from tax returns Feenberg, Daniel; Poterba, James M. 1991-01-01T00:00:00Z Using randomization in development economics research : a toolkit https://hdl.handle.net/1721.1/64366 Using randomization in development economics research : a toolkit Duflo, Esther; Glennerster, Rachel; Kremer, Michael December 12, 2006 2006-01-01T00:00:00Z Upward mobility, job monotony, and labor market structure. https://hdl.handle.net/1721.1/64365 Upward mobility, job monotony, and labor market structure. Piore, Michael J. This paper was prepared for presentation to the International Conference on the Quality of Working Life, Arden House, Harriman, New York, September 24-29, 1972 and to the Secretary's Committee on Work in America of the Department of Health, Education and Welfare 1972-01-01T00:00:00Z What role does marriage play in urban Africa? : evidence from a high HIV area in Kenya https://hdl.handle.net/1721.1/64364 What role does marriage play in urban Africa? : evidence from a high HIV area in Kenya Luke, Nancy K.; Munshi, Kaivan June 2003 2003-01-01T00:00:00Z When does labor scarcity encourage innovation? https://hdl.handle.net/1721.1/64363 When does labor scarcity encourage innovation? Acemoglu, Daron March 11, 2009 2009-01-01T00:00:00Z What does a negawatt really cost? https://hdl.handle.net/1721.1/64362 What does a negawatt really cost? Joskow, Paul L.; Marron, Donald B. Abstract inserted 1991-01-01T00:00:00Z The use of libraries by economists, https://hdl.handle.net/1721.1/64361 The use of libraries by economists, Kindleberger, Charles Poor A draft paper for the International Economic Association 1975 conference on The organization and retrieval of economic knowledge 1974-01-01T00:00:00Z Uninsured idiosyncratic investment risk and aggregate saving https://hdl.handle.net/1721.1/64360 Uninsured idiosyncratic investment risk and aggregate saving Angeletos, Marios January 15, 2005 2005-01-01T00:00:00Z Wage inequality and segregation by skill https://hdl.handle.net/1721.1/64359 Wage inequality and segregation by skill Kremer, Michael; Maskin, Eric 1996-01-01T00:00:00Z Why not a political Coase Theorem? : social conflict, commitment and politics https://hdl.handle.net/1721.1/64358 Why not a political Coase Theorem? : social conflict, commitment and politics Acemoglu, Daron November 9, 2002 2002-01-01T00:00:00Z Why have corporate taxes declined? https://hdl.handle.net/1721.1/64357 Why have corporate taxes declined? Auerbach, Alan J.; Poterba, James M.; Auerbach, Alan J.; Poterba, James M. ...part of the NBER Program in Taxation; This paper was prepared for the NBER Conference on the Economics of Tax Policy, Washington, D.C., November 7, 1986; Also published as: Why have corporate tax revenues declined? 1986-01-01T00:00:00Z Why do temporary help firms provide free general skills training? https://hdl.handle.net/1721.1/64356 Why do temporary help firms provide free general skills training? Autor, David H. Title from cover; Revised March 2001 2001-01-01T00:00:00Z Will job testing harm minority workers? https://hdl.handle.net/1721.1/64355 Will job testing harm minority workers? Autor, David H.; Scarborough, David Rev. Sept. 16, 2004 2004-01-01T00:00:00Z Welfare-theoretical analyses of the brain drain https://hdl.handle.net/1721.1/64354 Welfare-theoretical analyses of the brain drain Bhagwati, Jagdish N.; Rodrguez, Carlos 1975-01-01T00:00:00Z Women as policy makers : evidence from an India-wide randomized policy experiment https://hdl.handle.net/1721.1/64353 Women as policy makers : evidence from an India-wide randomized policy experiment Chattopadhyay, Raghabendra; Duflo, Esther October 2001 2001-01-01T00:00:00Z Vertical integration and product quality in the early cotton textile industry https://hdl.handle.net/1721.1/64352 Vertical integration and product quality in the early cotton textile industry Temin, Peter 1988-01-01T00:00:00Z What moves stock prices? https://hdl.handle.net/1721.1/64351 What moves stock prices? Cutler, David M.; Poterba, James M.; Summers, Lawrence H. Rev. March 1988 1988-01-01T00:00:00Z Uncertainty and trade theory; some comparative-static results, https://hdl.handle.net/1721.1/64350 Uncertainty and trade theory; some comparative-static results, Bardhan, Pranab K. 1971-01-01T00:00:00Z A unified approach to robust, regression-based specification tests https://hdl.handle.net/1721.1/64349 A unified approach to robust, regression-based specification tests Wooldridge, Jeffrey M. Revised November 1988.--t.p 1988-01-01T00:00:00Z Uncertainty and optimal social security systems https://hdl.handle.net/1721.1/64348 Uncertainty and optimal social security systems Sheshinski, Eytan; Weiss, Yoram 1978-01-01T00:00:00Z Unemployment : getting the questions right--and some of the answers https://hdl.handle.net/1721.1/64347 Unemployment : getting the questions right--and some of the answers Blanchard, Olivier 1988-01-01T00:00:00Z Validating the conjectural variation method : the sugar industry, 1890-1914 https://hdl.handle.net/1721.1/64346 Validating the conjectural variation method : the sugar industry, 1890-1914 Genesove, David; Mullin, Wallace P. 1995-01-01T00:00:00Z Wiring the labor market https://hdl.handle.net/1721.1/64345 Wiring the labor market Autor, David H. September 2000 2000-01-01T00:00:00Z Walrasian bargaining https://hdl.handle.net/1721.1/64344 Walrasian bargaining Yildiz, Muhamet October 2001 2001-01-01T00:00:00Z Valuation of new goods under perfect and imperfect competition https://hdl.handle.net/1721.1/64343 Valuation of new goods under perfect and imperfect competition Hausman, Jerry A. 1994-01-01T00:00:00Z Voting for public alternatives : some notes on majority rule https://hdl.handle.net/1721.1/64342 Voting for public alternatives : some notes on majority rule Maskin, Eric 1979-01-01T00:00:00Z A unified approach to robust, regression-based specification tests https://hdl.handle.net/1721.1/64341 A unified approach to robust, regression-based specification tests Wooldridge, Jeffrey M. 1988-01-01T00:00:00Z Wage-indexation and macro-economic stability https://hdl.handle.net/1721.1/64340 Wage-indexation and macro-economic stability Fischer, Stanley This is a revised version of a paper presented at the Helsinki Conference on the Monetary Mechanism in Open Economies, August 1975 1976-01-01T00:00:00Z Why do firms train? : theory and evidence https://hdl.handle.net/1721.1/64339 Why do firms train? : theory and evidence Acemoglu, Daron; Pischke, Jrn-Steffen 1996-01-01T00:00:00Z Why does money affect output? : a survey https://hdl.handle.net/1721.1/64338 Why does money affect output? : a survey Blanchard, Olivier 1987-01-01T00:00:00Z The World Bank of the future https://hdl.handle.net/1721.1/64337 The World Bank of the future Banerjee, Abhijit V.; He, Ruimin January 2003 2003-01-01T00:00:00Z Urban and industrial deconcentration in developing economies: an analytic framework https://hdl.handle.net/1721.1/64336 Urban and industrial deconcentration in developing economies: an analytic framework Harris, John Rees Bibliography: leaf [19] 1970-01-01T00:00:00Z Upstairs, downstairs : computer-skill complementarity and computer-labor substitution on two floors of a large bank https://hdl.handle.net/1721.1/64335 Upstairs, downstairs : computer-skill complementarity and computer-labor substitution on two floors of a large bank Autor, David H.; Levy, Frank; Murnane, Richard J. September 2000; August 29, 2000--Added t.p 2000-01-01T00:00:00Z Using the general equilibrium growth model to study great depressions : a rejoinder to Kehoe and Prescott https://hdl.handle.net/1721.1/64334 Using the general equilibrium growth model to study great depressions : a rejoinder to Kehoe and Prescott Temin, Peter February 27, 2009 2009-01-01T00:00:00Z The value of information in monotone decixion problems https://hdl.handle.net/1721.1/64333 The value of information in monotone decixion problems Athey, Susan; Levin, Jonathan D. November, 1998 1998-01-01T00:00:00Z Women, war and wages : the effect of female labor supply on the wage structure at mid-century https://hdl.handle.net/1721.1/64332 Women, war and wages : the effect of female labor supply on the wage structure at mid-century Acemoglu, Daron; Autor, David H.; Lyle, David S. June 7, 2002--Abstract 2002-01-01T00:00:00Z The world income distribution https://hdl.handle.net/1721.1/64331 The world income distribution Acemoglu, Daron; Ventura, Jaume Title from cover; December 2000. December 22, 2000--Abstract 2000-01-01T00:00:00Z Vertical integration and market foreclosure https://hdl.handle.net/1721.1/64330 Vertical integration and market foreclosure Hart, Oliver D.; Tirole, Jean April 1990. -- December 1989, rev. April 1990.--P.1 1990-01-01T00:00:00Z Workings of a city : location, education, and production https://hdl.handle.net/1721.1/64329 Workings of a city : location, education, and production Benabou, Roland Revised July 7, 1991 1991-01-01T00:00:00Z What prices can tell us about the market for antibiotics https://hdl.handle.net/1721.1/64328 What prices can tell us about the market for antibiotics Ellison, Sara Fisher July, 1998 1998-01-01T00:00:00Z Vertical restraints from a principal-agent viewpoint https://hdl.handle.net/1721.1/64327 Vertical restraints from a principal-agent viewpoint Rey, Patrick; Tirole, Jean August 1985 1985-01-01T00:00:00Z A "vertical" analysis of monetary policy in emerging markets https://hdl.handle.net/1721.1/64326 A "vertical" analysis of monetary policy in emerging markets Caballero, Ricardo J.; Krishnamurthy, Arvind March 2002.; March 8, 2002--Abstract 2002-01-01T00:00:00Z Unbundling institutions https://hdl.handle.net/1721.1/64325 Unbundling institutions Acemoglu, Daron; Johnson, Simon July 2003 2003-01-01T00:00:00Z Wald revisited : the optimal level of experimentation https://hdl.handle.net/1721.1/64324 Wald revisited : the optimal level of experimentation Moscarini, Giuseppe; Smith, Lones A. Cover title; April 1998 1998-01-01T00:00:00Z Wishful thinking in strategic environments https://hdl.handle.net/1721.1/64323 Wishful thinking in strategic environments Yildiz, Muhamet September 1, 2004 2004-01-01T00:00:00Z Volatility & growth : credit constraints and productivity-- enhancing investment https://hdl.handle.net/1721.1/64322 Volatility & growth : credit constraints and productivity-- enhancing investment Aghion, Philippe April 30, 2005 2005-01-01T00:00:00Z Vertical integration in competitive markets under uncertainty https://hdl.handle.net/1721.1/64321 Vertical integration in competitive markets under uncertainty Carlton, Dennis W. Based on author's Ph.D. thesis, Market behavior under uncertainty, M.I.T., September, 1975 1976-01-01T00:00:00Z Waiting to persuade https://hdl.handle.net/1721.1/64320 Waiting to persuade Yildiz, Muhamet October 2002 2002-01-01T00:00:00Z Using cost observation to regulate firms https://hdl.handle.net/1721.1/64319 Using cost observation to regulate firms Laffont, Jean-Jacques; Tirole, Jean 1985-01-01T00:00:00Z Wage and employment effects of immigration to Germany : an analysis based on local labor markets https://hdl.handle.net/1721.1/64318 Wage and employment effects of immigration to Germany : an analysis based on local labor markets Pischke, Jrn-Steffen; Velling, Johannes 1994-01-01T00:00:00Z Welfare and child health--the link between AFDC participation and birth weight https://hdl.handle.net/1721.1/64317 Welfare and child health--the link between AFDC participation and birth weight Currie, Janet; Cole, Nancy February 1991 1992-01-01T00:00:00Z Uncertainty, resource allocation and factor shares in a two-sector model, https://hdl.handle.net/1721.1/64316 Uncertainty, resource allocation and factor shares in a two-sector model, Bardhan, Pranab K. 1971-01-01T00:00:00Z Voluntary disclosure : robustness of the unraveling result, and comments on its importance https://hdl.handle.net/1721.1/64315 Voluntary disclosure : robustness of the unraveling result, and comments on its importance Farrell, Joseph May 1985; November 1984. Telecommunications Research Laboratory, GTE Laboratories Incorporated--p. [3]; To be published in the Proceedings of the U.C. Santa Cruz Conference on regulation and antitrust--p. [3]; TN 84-407.1 1985-01-01T00:00:00Z The theory of flexible exchange rate regimes and macroeconomic policy https://hdl.handle.net/1721.1/64314 The theory of flexible exchange rate regimes and macroeconomic policy Dornbusch, Rudiger 1975-01-01T00:00:00Z The theory of effective protection and resource allocation https://hdl.handle.net/1721.1/64313 The theory of effective protection and resource allocation Bhagwati, Jagdish N.; Srinivasan, T. N. 1971-01-01T00:00:00Z Shadow prices in project evaluation, with and without distortions, and with many goods and factors https://hdl.handle.net/1721.1/64312 Shadow prices in project evaluation, with and without distortions, and with many goods and factors Bhagwati, Jagdish N.; Wan, Henry Y. Partial support under National Science Foundation Grant SOC77-07188 is gratefully acknowledged 1977-01-01T00:00:00Z Specification testing and quasi-maximum likelihood estimation https://hdl.handle.net/1721.1/64311 Specification testing and quasi-maximum likelihood estimation Wooldridge, Jeffrey M. 1987-01-01T00:00:00Z Semiparametric estimation of duration and competing risk models https://hdl.handle.net/1721.1/64310 Semiparametric estimation of duration and competing risk models Han, Aaron K. 1987-01-01T00:00:00Z Specification tests in econometrics https://hdl.handle.net/1721.1/64309 Specification tests in econometrics Hausman, Jerry A. 1976-01-01T00:00:00Z Steady state unemployment under profit sharing https://hdl.handle.net/1721.1/64308 Steady state unemployment under profit sharing Weitzman, Martin L. November 1985 1985-01-01T00:00:00Z Sterling and the external balance https://hdl.handle.net/1721.1/64307 Sterling and the external balance Dornbusch, Rudiger; Fisher, Stanley A paper prepared for the Brookings-NIESR Conference on the U.K. Economy, May 1979 1979-01-01T00:00:00Z The skill content of recent technological change : an empirical exploration https://hdl.handle.net/1721.1/64306 The skill content of recent technological change : an empirical exploration Autor, David H.; Levy, Frank; Murnane, Richard J. Title from cover; June 2001. June 2001, revised from January 2000--Abstract 2001-01-01T00:00:00Z Search, obfuscation, and price elasticities on the Internet https://hdl.handle.net/1721.1/64305 Search, obfuscation, and price elasticities on the Internet Ellison, Glenn; Ellison, Sara Fisher June 2004 2004-01-01T00:00:00Z Simultaneous estimation of the supply and demand for household location in a multizoned metropolitan area https://hdl.handle.net/1721.1/64304 Simultaneous estimation of the supply and demand for household location in a multizoned metropolitan area Bradbury, Katharine L.; Engle, Robert Fry; Irvine, Frank Owen; Rothenberg, Jerome 1975-01-01T00:00:00Z Some macroeconomic implications of alternative wage systems https://hdl.handle.net/1721.1/64303 Some macroeconomic implications of alternative wage systems Weitzman, Martin L. 1982-01-01T00:00:00Z Tax loss carryforwards and corporate tax incentives https://hdl.handle.net/1721.1/64302 Tax loss carryforwards and corporate tax incentives Auerbach, Alan J.; Poterba, James M. This paper was prepared for the NBER Conference on Taxation and Capital Formation, February 13-16, 1986 1986-01-01T00:00:00Z A structural evaluation of a large-scale quasi-experimental microfinance initiative https://hdl.handle.net/1721.1/64301 A structural evaluation of a large-scale quasi-experimental microfinance initiative Kaboski, Joseph Paul; Townsend, Robert M. December 1, 2008 2008-01-01T00:00:00Z A supply function model of aggregate investment, https://hdl.handle.net/1721.1/64300 A supply function model of aggregate investment, Engle, Robert F.; Foley, Duncan K. August 1972 1972-01-01T00:00:00Z State mandated benefits and employer provided health insurance https://hdl.handle.net/1721.1/64299 State mandated benefits and employer provided health insurance Gruber, Jonathan 1992-01-01T00:00:00Z Testing for price anomalies in real estate auctions https://hdl.handle.net/1721.1/64298 Testing for price anomalies in real estate auctions Ashenfelter, Orley; Genesove, David 1992-01-01T00:00:00Z The structure and performance of Mexican banks and financieras https://hdl.handle.net/1721.1/64297 The structure and performance of Mexican banks and financieras Eckaus, Richard S. 1974-01-01T00:00:00Z Should China appreciate the Yuan https://hdl.handle.net/1721.1/64296 Should China appreciate the Yuan Eckaus, Richard S. January 15, 2004 2004-01-01T00:00:00Z The structure of wages and investment in general training https://hdl.handle.net/1721.1/64295 The structure of wages and investment in general training Acemoglu, Daron; Pischke, Jrn-Steffen 1997-01-01T00:00:00Z Social and economic causes of cancer https://hdl.handle.net/1721.1/64294 Social and economic causes of cancer Harris, Jeffrey E. Presented at the Conference on Socioeconomic Status and Health, Menlo Park, California, March 25-27, 1987; February 1987, Revised Septmeber 1987 1987-01-01T00:00:00Z Search, sticky prices, and inflation with consumer differences https://hdl.handle.net/1721.1/64293 Search, sticky prices, and inflation with consumer differences Diamond, Peter A. 1991-01-01T00:00:00Z Some alternatives to the Box-Cox regression model https://hdl.handle.net/1721.1/64292 Some alternatives to the Box-Cox regression model Wooldridge, Jeffrey M. March 1989--Latest revision, September 1989.--p. [1] 1989-01-01T00:00:00Z The specification of the disturbance for efficient estimation, https://hdl.handle.net/1721.1/64291 The specification of the disturbance for efficient estimation, Engle, R. F. 1971-01-01T00:00:00Z A two sector model of migration with urban unemployment in developing economies, https://hdl.handle.net/1721.1/64290 A two sector model of migration with urban unemployment in developing economies, Harris, John Rees; Todaro, Michael P. 1968-01-01T00:00:00Z Seniority rationing and unemployment https://hdl.handle.net/1721.1/64289 Seniority rationing and unemployment Otani, Kiyoshi 1986-01-01T00:00:00Z Search, sticky prices, and inflation https://hdl.handle.net/1721.1/64288 Search, sticky prices, and inflation Diamond, Peter A. 1988-01-01T00:00:00Z A theory of firm scope https://hdl.handle.net/1721.1/64287 A theory of firm scope Hart, Oliver D.; Holmstrm, Bengt November 2002 2002-01-01T00:00:00Z The 'surprising' origin and nature of financial crises : a macroeconomic policy proposal https://hdl.handle.net/1721.1/64286 The 'surprising' origin and nature of financial crises : a macroeconomic policy proposal Caballero, Ricardo J.; Kurlat, Pablo September 14, 2009 2009-01-01T00:00:00Z Technology, information and the decentralization of the firm https://hdl.handle.net/1721.1/64285 Technology, information and the decentralization of the firm Acemoglu, Daron Authors of this technical report: Daron Acemoglu, Philippe Aghion, Claire Lelarge, John van Reenen and Fabrizio Zilibotti; April 13, 2006 2006-01-01T00:00:00Z A theory of large fluctuations in stock market activity https://hdl.handle.net/1721.1/64284 A theory of large fluctuations in stock market activity Gabaix, Xavier August 16, 2003 2003-01-01T00:00:00Z Single activity accidents, https://hdl.handle.net/1721.1/64283 Single activity accidents, Diamond, Peter A. 1973-01-01T00:00:00Z Theories of speculation https://hdl.handle.net/1721.1/64282 Theories of speculation Tirole, Jean November 1985 1985-01-01T00:00:00Z Technology, unemployment and efficiency https://hdl.handle.net/1721.1/64281 Technology, unemployment and efficiency Acemoglu, Daron Prepared for the Papers and Proceedings of the 1996 Congress of the European Economic Association 1996-01-01T00:00:00Z Steady state learning and Nash equilibrium https://hdl.handle.net/1721.1/64280 Steady state learning and Nash equilibrium Fudenberg, Drew; Levine, David K. 1991-01-01T00:00:00Z Socially optimal coordination : characterization and policy implications https://hdl.handle.net/1721.1/64279 Socially optimal coordination : characterization and policy implications Angeletos, Marios; Pavan, Alessandro September 21, 2006 2006-01-01T00:00:00Z Sudden financial arrest https://hdl.handle.net/1721.1/64278 Sudden financial arrest Caballero, Ricardo J. November 8, 2009 2009-01-01T00:00:00Z A theory of dynamic oligopoly, I : overview and quantity competition with large fixed costs https://hdl.handle.net/1721.1/64277 A theory of dynamic oligopoly, I : overview and quantity competition with large fixed costs Maskin, Eric; Tirole, John 1982-01-01T00:00:00Z Social mobility and corporate development https://hdl.handle.net/1721.1/64276 Social mobility and corporate development Aghion, Philippe; Pikett, Thomas Nov. 22, 1993, (First version: May 7, 1993)--2nd prelim. p 1993-01-01T00:00:00Z Tax evasion and capital gains taxation https://hdl.handle.net/1721.1/64275 Tax evasion and capital gains taxation Poterba, James M. ...part of the NBER Program in Taxation 1987-01-01T00:00:00Z A theory of misgovernance https://hdl.handle.net/1721.1/64274 A theory of misgovernance Banerjee, Abhijit V. 1997-01-01T00:00:00Z Testing for parameter constancy in linear regressions : empirical distribution function approach https://hdl.handle.net/1721.1/64273 Testing for parameter constancy in linear regressions : empirical distribution function approach Bai, Jushan 1993-01-01T00:00:00Z Trade-diverting customs unions and welfare improvement: a clarification, https://hdl.handle.net/1721.1/64272 Trade-diverting customs unions and welfare improvement: a clarification, Bhagwati, Jagdish N. 1970-01-01T00:00:00Z A theory of debt based on the inalienability of human capital https://hdl.handle.net/1721.1/64271 A theory of debt based on the inalienability of human capital Hart, Oliver D.; Moore, John 1991-01-01T00:00:00Z Two-step estimation, optimal moment conditions, and sample selection models https://hdl.handle.net/1721.1/64270 Two-step estimation, optimal moment conditions, and sample selection models Newey, Whitney K.; Powell, James February 1999 1999-01-01T00:00:00Z Short-term contracts and long-term agency relationships https://hdl.handle.net/1721.1/64269 Short-term contracts and long-term agency relationships Fudenberg, Drew; Holmstrm, Bengt; Milgrom, Paul R. January 1986, first draft, June 1987, present version 1987-01-01T00:00:00Z Search theory https://hdl.handle.net/1721.1/64268 Search theory Diamond, Peter A. August 1985 1985-01-01T00:00:00Z Sequential bargaining with many buyers https://hdl.handle.net/1721.1/64267 Sequential bargaining with many buyers Fudenberg, Drew; Levine, David K.; Tirole, Jean 1985-01-01T00:00:00Z Testing the internal consistency of contingent valuation surveys https://hdl.handle.net/1721.1/64266 Testing the internal consistency of contingent valuation surveys Diamond, Peter A. 1993-01-01T00:00:00Z The theory of contracts https://hdl.handle.net/1721.1/64265 The theory of contracts Hart, Oliver D.; Holmstrm, Bengt This paper was presented at the World Congress of the Econometric Society, Cambridge, Massachusetts, 1985 1986-01-01T00:00:00Z Shrouded attributes, consumer myopia, and information suppression in competitive markets https://hdl.handle.net/1721.1/64264 Shrouded attributes, consumer myopia, and information suppression in competitive markets Gabaix, Xavier April 11, 2005; Revised October 3, 2005 2005-01-01T00:00:00Z Two-step series estimation of sample selection models https://hdl.handle.net/1721.1/64263 Two-step series estimation of sample selection models Newey, Whitney K. February 1999; Presented at the 1988 European meeting of the Econometric Society.--P. 1 1999-01-01T00:00:00Z Soviet and Nazi economic planning in the 1930s https://hdl.handle.net/1721.1/64262 Soviet and Nazi economic planning in the 1930s Temin, Peter May 1990 1990-01-01T00:00:00Z The theory of effective protection and resource allocation : the many-industry case https://hdl.handle.net/1721.1/64261 The theory of effective protection and resource allocation : the many-industry case Uekawa, Yasuo 1976-01-01T00:00:00Z Simultaneous signaling to the capital and products markets https://hdl.handle.net/1721.1/64260 Simultaneous signaling to the capital and products markets Gertner, Robert H.; Gibbons, Robert; Scharfstein, David December 1986, This revision: May 1987 1987-01-01T00:00:00Z Stochastic credit in search equilibrium https://hdl.handle.net/1721.1/64259 Stochastic credit in search equilibrium Diamond, Peter A. 1986-01-01T00:00:00Z Smuggling and international trade theory, https://hdl.handle.net/1721.1/64258 Smuggling and international trade theory, Bhagwati, Jagdish N.; Srinivasan, T. N. 1972-01-01T00:00:00Z State-dependent intellectual property rights policy https://hdl.handle.net/1721.1/64257 State-dependent intellectual property rights policy Acemoglu, Daron; Akcigit, Ufuk December 11, 2006 2006-01-01T00:00:00Z Speculative dynamics and the role of feedback traders https://hdl.handle.net/1721.1/64256 Speculative dynamics and the role of feedback traders Cutler, David M.; Poterba, James M.; Summers, Lawrence H. 1990-01-01T00:00:00Z The simple macroeconomics of profit sharing https://hdl.handle.net/1721.1/64255 The simple macroeconomics of profit sharing Weitzman, Martin L. 1984-01-01T00:00:00Z Tariff-induced capital inflow and immiseration, https://hdl.handle.net/1721.1/64254 Tariff-induced capital inflow and immiseration, Bhagwati, Jagdish N. 1971-01-01T00:00:00Z Social learning in a changing world https://hdl.handle.net/1721.1/64253 Social learning in a changing world Smith, Lones A. 1996-01-01T00:00:00Z Stability and exchange rate systems in a monetarist model of the balance of payments. https://hdl.handle.net/1721.1/64252 Stability and exchange rate systems in a monetarist model of the balance of payments. Fischer, Stanley Research for this paper was supported by a grant from the National Science Foundation 1974-01-01T00:00:00Z Spread of (mis)Information in social networks https://hdl.handle.net/1721.1/64251 Spread of (mis)Information in social networks Acemoglu, Daron; Ozdaglar, Asuman E.; ParandehGheibi, Ali May 5, 2009 2009-01-01T00:00:00Z The shape of temptation : implications for the economic lives of the poor https://hdl.handle.net/1721.1/64250 The shape of temptation : implications for the economic lives of the poor Banerjee, Abhijit V.; Mullainathan, Sendhil April 29, 2009 2010-01-01T00:00:00Z Transparency of information and coordination in economies with investment complementarities https://hdl.handle.net/1721.1/64249 Transparency of information and coordination in economies with investment complementarities Angeletos, Marios; Pavan, Alessandro January 2004 2004-01-01T00:00:00Z Social mobility and redistributive politics https://hdl.handle.net/1721.1/64248 Social mobility and redistributive politics Piketty, Thomas 1994-01-01T00:00:00Z The theory of effective protection and resource allocation further examined https://hdl.handle.net/1721.1/64247 The theory of effective protection and resource allocation further examined Bhagwati, Jagdish N.; Srinivasan, T. N. 1971-01-01T00:00:00Z The two poverties https://hdl.handle.net/1721.1/64246 The two poverties Banerjee, Abhijit V.; Gertler, Paul; Ghatak, Maitreesh Title from cover; March 9, 2000.; March 9, 2000, this version: December 8, 2000--Abstract; Added t.p. and abstract on hard copy, and abstract page on the SSRN webpage have only the 1st author listed 2000-01-01T00:00:00Z Stabilization and growth in developing countries : how sensible people stand https://hdl.handle.net/1721.1/64245 Stabilization and growth in developing countries : how sensible people stand Taylor, Lance 1986-01-01T00:00:00Z Shadow prices for project selection in the presence of distortions : effective rates of protection and domestic resource costs https://hdl.handle.net/1721.1/64244 Shadow prices for project selection in the presence of distortions : effective rates of protection and domestic resource costs Srinivasan, T. N.; Bhagwati, Jagdish N. 1976-01-01T00:00:00Z Tax reform and the market for tax-exempt debt https://hdl.handle.net/1721.1/64243 Tax reform and the market for tax-exempt debt Poterba, James M. This paper is part of the NBER Program in Taxation and the Project in State and Local Public Finance 1989-01-01T00:00:00Z Trade and capital flows : a financial frictions perspective https://hdl.handle.net/1721.1/64242 Trade and capital flows : a financial frictions perspective Antrs, Pol; Caballero, Ricardo J. November 2, 2007 2007-01-01T00:00:00Z Superstars in the NBA : economic value and policy https://hdl.handle.net/1721.1/64241 Superstars in the NBA : economic value and policy Hausman, Jerry A.; Leonard, Gregory Keith 1994-01-01T00:00:00Z Top Indian incomes, 1956-2000 https://hdl.handle.net/1721.1/64240 Top Indian incomes, 1956-2000 Banerjee, Abhijit V.; Piketty, Thomas June 2003 2003-01-01T00:00:00Z A theory of job market segmentation https://hdl.handle.net/1721.1/64239 A theory of job market segmentation Weitzman, Martin L. Preliminary version, comments appreciated 1987-01-01T00:00:00Z Short-run demand for Palestinian labor https://hdl.handle.net/1721.1/64238 Short-run demand for Palestinian labor Angrist, Joshua David 1995-01-01T00:00:00Z Simultaneous equations estimation: the state of the art, https://hdl.handle.net/1721.1/64237 Simultaneous equations estimation: the state of the art, Fisher, Franklin M. 1970-01-01T00:00:00Z A statistical analysis of crime against foreigners in unified Germany https://hdl.handle.net/1721.1/64236 A statistical analysis of crime against foreigners in unified Germany Krueger, Alan B.; Pischke, Jrn-Steffen 1995-01-01T00:00:00Z Taxing tar and nicotine https://hdl.handle.net/1721.1/64235 Taxing tar and nicotine Harris, Jeffrey E. 1977-01-01T00:00:00Z Should growth rates be evaluated at international prices ?, https://hdl.handle.net/1721.1/64234 Should growth rates be evaluated at international prices ?, Bhagwati, Jagdish N.; Hansen, Bent 1971-01-01T00:00:00Z The slowdown of the economics publishing process https://hdl.handle.net/1721.1/64233 The slowdown of the economics publishing process Ellison, Glenn July 2000; June 2000--Added t.p 2000-01-01T00:00:00Z Taxes and pensions https://hdl.handle.net/1721.1/64232 Taxes and pensions Diamond, Peter A. April 21, 2009 2009-01-01T00:00:00Z Symmetrically trimmed least squares estimation for Tobit models https://hdl.handle.net/1721.1/64231 Symmetrically trimmed least squares estimation for Tobit models Powell, James August, 1983 1985-01-01T00:00:00Z The transmission mechanism of monetary policy in Europe : evidence from banks' balance sheets https://hdl.handle.net/1721.1/64230 The transmission mechanism of monetary policy in Europe : evidence from banks' balance sheets Giavazzi, Francesco; Falvero, Carlo A.; Flabbi, Luca October, 1999; July, 1999--Added t.p; Added t.p. lists two additional authors: Carlo A. Favero and Luca Flabbi 1999-01-01T00:00:00Z A theoretical analysis of smuggling, https://hdl.handle.net/1721.1/64229 A theoretical analysis of smuggling, Bhagwati, Jagdish N.; Hansen, Bent 1971-01-01T00:00:00Z Some welfare effects of inflation https://hdl.handle.net/1721.1/64228 Some welfare effects of inflation Benabou, Roland 1989-01-01T00:00:00Z The tractable "quadratic" class of growth and interest rate processes https://hdl.handle.net/1721.1/64227 The tractable "quadratic" class of growth and interest rate processes Gabaix, Xavier June 12, 2006 2006-01-01T00:00:00Z A theory of corporate financial structure based on the seniority of claims https://hdl.handle.net/1721.1/64226 A theory of corporate financial structure based on the seniority of claims Hart, Oliver D.; Moore, John 1990-01-01T00:00:00Z Tacit collusion in a dynamic duopoly with indivisible production and cumulative capacity constraints https://hdl.handle.net/1721.1/64225 Tacit collusion in a dynamic duopoly with indivisible production and cumulative capacity constraints Loury, Glenn C. May 1990. -- June 1990.--3rd prelim. page; Series numbering changed by hand on t.p. by the Dept. of Economics 1990-01-01T00:00:00Z Towards a theory of current accounts https://hdl.handle.net/1721.1/64224 Towards a theory of current accounts Ventura, Jaume August 2002 2002-01-01T00:00:00Z Security of eastern hemisphere fuel supply, https://hdl.handle.net/1721.1/64223 Security of eastern hemisphere fuel supply, Adelman, Morris Albert 1967-01-01T00:00:00Z Sequential bargaining without a common prior on the recognition process https://hdl.handle.net/1721.1/64222 Sequential bargaining without a common prior on the recognition process Yildiz, Muhamet Title from cover; June 2001; June 2, 2001--Added t.p 2001-01-01T00:00:00Z Traditional institutions met the modern world : caste gender and schooling choice in a globalizing economy https://hdl.handle.net/1721.1/64221 Traditional institutions met the modern world : caste gender and schooling choice in a globalizing economy Munshi, Kaivan; Rosenzweig, Mark Richard July 2003 2003-01-01T00:00:00Z Statistical bias in newspaper reporting on campaign finance https://hdl.handle.net/1721.1/64220 Statistical bias in newspaper reporting on campaign finance Ansolabehere, Stephen; Snowberg, Erik C.; Snyder, James M. October 31, 2003 2003-01-01T00:00:00Z Testing game-theoretic models of free riding : new evidence on probability bias and learning https://hdl.handle.net/1721.1/64219 Testing game-theoretic models of free riding : new evidence on probability bias and learning Palfrey, Thomas R.; Rosenthal, Howard April 1990 1990-01-01T00:00:00Z The Sugar Institute learns to organize information exchange https://hdl.handle.net/1721.1/64218 The Sugar Institute learns to organize information exchange Genesove, David; Mullin, Wallace P. 1997-01-01T00:00:00Z Testing for liquidity constraints in Euler equations with complementary data sources https://hdl.handle.net/1721.1/64217 Testing for liquidity constraints in Euler equations with complementary data sources Jappelli, Tullio; Pischke, Jrn-Steffen; Souleles, Nicholas S. 1995-01-01T00:00:00Z Tax incentives and the decision to purchase health insurance : evidence from the self-employed https://hdl.handle.net/1721.1/64216 Tax incentives and the decision to purchase health insurance : evidence from the self-employed Gruber, Jonathan; Poterba, James M. July 1993: Revised Feb. 1994 1994-01-01T00:00:00Z The theory of wage differentials: production response and factor price equalisation, https://hdl.handle.net/1721.1/64215 The theory of wage differentials: production response and factor price equalisation, Bhagwati, Jagdish N.; Srinivasan, T. N. 1970-01-01T00:00:00Z Simple 3-step censored quantile regression and extramartial affairs https://hdl.handle.net/1721.1/64214 Simple 3-step censored quantile regression and extramartial affairs Chernozhukov, Victor; Hong, Han Title from cover; March 2001 2001-01-01T00:00:00Z Specification tests for the multinomial logit model https://hdl.handle.net/1721.1/64213 Specification tests for the multinomial logit model Hausman, Jerry A.; McFadden, Daniel 1981-01-01T00:00:00Z Stability, disequilibrium awareness, and the perception of new opportunities https://hdl.handle.net/1721.1/64212 Stability, disequilibrium awareness, and the perception of new opportunities Fisher, Franklin M. Paper to be presented as the Econometric Society Presidential address, 1979 1979-01-01T00:00:00Z Smoothing sudden stops https://hdl.handle.net/1721.1/64211 Smoothing sudden stops Caballero, Ricardo J.; Krishnamurthy, Arvind Title from cover; July 5, 2001 2001-01-01T00:00:00Z Standardization, compatibility and innovation https://hdl.handle.net/1721.1/64210 Standardization, compatibility and innovation Farrell, Joseph von R.; Saloner, Garth 1984-01-01T00:00:00Z Self-confirming equilibrium https://hdl.handle.net/1721.1/64209 Self-confirming equilibrium Fudenberg, Drew; Levine, David K. June 1991 1991-01-01T00:00:00Z Shroud attributes, consumer myopia, and information suppression in competitive markets https://hdl.handle.net/1721.1/64208 Shroud attributes, consumer myopia, and information suppression in competitive markets Gabaix, Xavier; Laibson, David I. April 11, 2005 2005-01-01T00:00:00Z Temporary agency employment as a way out of poverty? https://hdl.handle.net/1721.1/64207 Temporary agency employment as a way out of poverty? Autor, David H.; Houseman, Susan N. August 15, 2005 2005-01-01T00:00:00Z Social insurance with variable retirement and private saving https://hdl.handle.net/1721.1/64206 Social insurance with variable retirement and private saving Diamond, Peter A.; Mirrlees, James A. 1982-01-01T00:00:00Z Two views of the British industrial revolution https://hdl.handle.net/1721.1/64205 Two views of the British industrial revolution Temin, Peter 1995-01-01T00:00:00Z Speculative dynamics https://hdl.handle.net/1721.1/64204 Speculative dynamics Cutler, David M.; Poterba, James M.; Summers, Lawrence H. January 1990--T.p. -- June 1989. Revised January 1990--p. [3] (1st group) 1990-01-01T00:00:00Z The state of macro https://hdl.handle.net/1721.1/64203 The state of macro Blanchard, Olivier August 12, 2008 2008-01-01T00:00:00Z Treatment effect heterogeneity in theory and practice https://hdl.handle.net/1721.1/64202 Treatment effect heterogeneity in theory and practice Angrist, Joshua David August 2003 2003-01-01T00:00:00Z Stock exchange commissions; the pricing and marketing of securities, https://hdl.handle.net/1721.1/64201 Stock exchange commissions; the pricing and marketing of securities, Grieson, Ronald E. 1972-01-01T00:00:00Z Trends in worker demand for union representation https://hdl.handle.net/1721.1/64200 Trends in worker demand for union representation Farber, Henry S. This study was prepared for a joint session of the annual meetings of the American Economic Association and the Industrial Relations Research Association, New York, December 1988. It will appear in the American Economic Review, May 1989 1988-01-01T00:00:00Z The speed of the financial revolution : evidence from Hoare's Bank https://hdl.handle.net/1721.1/64199 The speed of the financial revolution : evidence from Hoare's Bank Temin, Peter; Voth, Hans-Joachim March 2004 2004-01-01T00:00:00Z The theory of implementation in Nash equilibrium : a survey https://hdl.handle.net/1721.1/64198 The theory of implementation in Nash equilibrium : a survey Maskin, Eric June, 1983 1983-01-01T00:00:00Z Saving babies : the efficacy and cost of recent expansions of Medicaid eligibility for pregnant women https://hdl.handle.net/1721.1/64197 Saving babies : the efficacy and cost of recent expansions of Medicaid eligibility for pregnant women Currie, Janet; Gruber, Jonathan 1993-01-01T00:00:00Z Theory, general equilibrium and political economy in development economics https://hdl.handle.net/1721.1/64196 Theory, general equilibrium and political economy in development economics Acemoglu, Daron January 30, 2010 2010-01-01T00:00:00Z Single crossing properties and the existence of pure strategy equilibria in games of incomplete information https://hdl.handle.net/1721.1/64195 Single crossing properties and the existence of pure strategy equilibria in games of incomplete information Athey, Susan 1997-01-01T00:00:00Z The stability of general equilibrium : results and problems https://hdl.handle.net/1721.1/64194 The stability of general equilibrium : results and problems Fisher, Franklin M. Paper presented as the Frank W. Paish Lecture at the meeting of the Association of University Teachers of Economics, Sheffield, U.K., April 1975 1975-01-01T00:00:00Z A simple model of optimum life-cycle consumption with earnings uncertainty https://hdl.handle.net/1721.1/64193 A simple model of optimum life-cycle consumption with earnings uncertainty Sheshinski, Eytan 1986-01-01T00:00:00Z Schooling and labor market consequences of school construction in Indonesia : evidence from an unusual policy experiment https://hdl.handle.net/1721.1/64192 Schooling and labor market consequences of school construction in Indonesia : evidence from an unusual policy experiment Duflo, Esther May 2000 2000-01-01T00:00:00Z Strategic inventories and the excess volatility of production https://hdl.handle.net/1721.1/64191 Strategic inventories and the excess volatility of production Rotemberg, Julio; Saloner, Garth 1985-01-01T00:00:00Z Trends in U.S. wage inequality : re-assessing the revisionists https://hdl.handle.net/1721.1/64190 Trends in U.S. wage inequality : re-assessing the revisionists Autor, David H.; Katz, Lawrence F.; Kearney, Melissa Schettini September 7, 2005 2005-01-01T00:00:00Z A theory of military dictatorship https://hdl.handle.net/1721.1/64189 A theory of military dictatorship Acemoglu, Daron; Ticchi, Davide; Vindigni, Andrea March 30, 2008 2008-01-01T00:00:00Z Stochastic credit in search equilibrium, II https://hdl.handle.net/1721.1/64188 Stochastic credit in search equilibrium, II Diamond, Peter A. 1988-01-01T00:00:00Z Social Security investment in equities I : linear case https://hdl.handle.net/1721.1/64187 Social Security investment in equities I : linear case Diamond, Peter A.; Geanakoplos, John April, 1999 1999-01-01T00:00:00Z The taxation of earnings under public assistance, https://hdl.handle.net/1721.1/64186 The taxation of earnings under public assistance, Barr, N. A.; Hall, Robert Ernest 1972-01-01T00:00:00Z Time consistent optimal stopping https://hdl.handle.net/1721.1/64185 Time consistent optimal stopping Smith, Lones A. 1997-01-01T00:00:00Z Speculative growth https://hdl.handle.net/1721.1/64184 Speculative growth Caballero, Ricardo J.; Hammour, Mohamad L. November 27, 2002 2002-01-01T00:00:00Z Search in the labor market : incomplete contracts and growth https://hdl.handle.net/1721.1/64183 Search in the labor market : incomplete contracts and growth Acemoglu, Daron June 1994 1994-01-01T00:00:00Z Scientific education and the French entrepreneur, https://hdl.handle.net/1721.1/64182 Scientific education and the French entrepreneur, Kindleberger, Charles Poor Draft of a lecture in a series at the History Departments of Johns Hopkins and Catholic Universities, entitled Enterprise and Entrepreneurs in 19th and 20th Century France 1973-01-01T00:00:00Z Tax policy and corporate saving https://hdl.handle.net/1721.1/64181 Tax policy and corporate saving Poterba, James M. August 1987, Revised October 1987 1987-01-01T00:00:00Z Two problems in the theory of fairness https://hdl.handle.net/1721.1/64180 Two problems in the theory of fairness Varian, Hal R. This is a revised version of an earlier paper of the same title which appeared in July 1974. The current version will be published in the Journal of public economics 1975-01-01T00:00:00Z Stochastic equicontinuity and weak convergence of unbounded sequential empirical processes https://hdl.handle.net/1721.1/64179 Stochastic equicontinuity and weak convergence of unbounded sequential empirical processes Bai, Jushan Jan. 1993; Revised Jan. 1994--3rd prelim p 1994-01-01T00:00:00Z Siting nuclear power plants https://hdl.handle.net/1721.1/64178 Siting nuclear power plants Yellin, Joel; Joskow, Paul L. 1979-01-01T00:00:00Z The theory of effective protection and the Stolper-Samuelson theorem https://hdl.handle.net/1721.1/64177 The theory of effective protection and the Stolper-Samuelson theorem Uekawa, Yasuo 1976-01-01T00:00:00Z Sequential innovation, patents, and imitation https://hdl.handle.net/1721.1/64176 Sequential innovation, patents, and imitation Bessen, James; Maskin, Eric Title from cover; January 2000.; 11/99--Abstract 2000-01-01T00:00:00Z A theory of dynamic oligopoly. https://hdl.handle.net/1721.1/64175 A theory of dynamic oligopoly. Maskin, Eric; Tirole, Jean 1985-01-01T00:00:00Z A theory of collective reputations with applications to the persistence of corruption and to firm quality https://hdl.handle.net/1721.1/64174 A theory of collective reputations with applications to the persistence of corruption and to firm quality Tirole, Jean June 1993 1993-01-01T00:00:00Z Stock ownership patterns, stock market fluctuations, and consumption https://hdl.handle.net/1721.1/64173 Stock ownership patterns, stock market fluctuations, and consumption Poterba, James M.; Samwick, Andrew 1995-01-01T00:00:00Z Trade integration and risk sharing https://hdl.handle.net/1721.1/64172 Trade integration and risk sharing Kraay, Aart; Ventura, Jaume February 2002 2002-01-01T00:00:00Z Social Security, the government budget and national savings https://hdl.handle.net/1721.1/64171 Social Security, the government budget and national savings Diamond, Peter A. March 17, 2005 2005-01-01T00:00:00Z Some finite sample properties of spectral estimators of a linear regression, https://hdl.handle.net/1721.1/64170 Some finite sample properties of spectral estimators of a linear regression, Engle, R. F.; Gardner, Roy 1973-01-01T00:00:00Z Trade and production patterns under uncertainty https://hdl.handle.net/1721.1/64169 Trade and production patterns under uncertainty Kemp, Murray C.; Liviatan, Nissan 1971-01-01T00:00:00Z Sequential Decision making : how prior choices affect subsequent valuations https://hdl.handle.net/1721.1/64168 Sequential Decision making : how prior choices affect subsequent valuations Ofek, Eli; Yildiz, Muhamet; Haruvy, Ernan November 2002 2002-01-01T00:00:00Z Trade, growth and capital https://hdl.handle.net/1721.1/64167 Trade, growth and capital Bruno, Michael 1970-01-01T00:00:00Z Tax subsidies to owner-occupied housing : an asset market approach https://hdl.handle.net/1721.1/64166 Tax subsidies to owner-occupied housing : an asset market approach Poterba, James M. 1983-01-01T00:00:00Z Tax incidence in a two good model https://hdl.handle.net/1721.1/64165 Tax incidence in a two good model Diamond, Peter A. 1977-01-01T00:00:00Z A summary of saving Social Security : a balanced approach https://hdl.handle.net/1721.1/64164 A summary of saving Social Security : a balanced approach Diamond, Peter A.; Orszag, Peter R. May 2004 2004-01-01T00:00:00Z A theory of political transitions https://hdl.handle.net/1721.1/64163 A theory of political transitions Acemoglu, Daron; Robinson, Janes A. October, 1999; July 1999--Added t.p 1999-01-01T00:00:00Z A supergame-theoretic model of business cycles and price wars during booms https://hdl.handle.net/1721.1/64162 A supergame-theoretic model of business cycles and price wars during booms Rotemberg, Julio; Saloner, Garth July 1984 1985-01-01T00:00:00Z Three strikes and you're out: reply to Cooper & Willis https://hdl.handle.net/1721.1/64161 Three strikes and you're out: reply to Cooper & Willis Caballero, Ricardo J.; Engel, Eduardo March 2004 2004-01-01T00:00:00Z TFP differences https://hdl.handle.net/1721.1/64160 TFP differences Acemoglu, Daron; Zilibotti, Fabrizio September 1998 1998-01-01T00:00:00Z Setting standards : information accumulation in development https://hdl.handle.net/1721.1/64159 Setting standards : information accumulation in development Acemoglu, Daron; Zilibotti, Fabrizio 1997-01-01T00:00:00Z The risk premium hypothesis and two-part tariff contract design : some empirical evidence https://hdl.handle.net/1721.1/64158 The risk premium hypothesis and two-part tariff contract design : some empirical evidence Chisholm, Darlene C. 1994-01-01T00:00:00Z The relative rigidity of monopoly pricing https://hdl.handle.net/1721.1/64157 The relative rigidity of monopoly pricing Rotemberg, Julio; Saloner, Garth 1986-01-01T00:00:00Z Public and private responsibilities in on-the-job training of disadvantaged workers, https://hdl.handle.net/1721.1/64156 Public and private responsibilities in on-the-job training of disadvantaged workers, Piore, Michael J. 1968-01-01T00:00:00Z Partially optimal routing https://hdl.handle.net/1721.1/64155 Partially optimal routing Caballero, Ricardo J.; Johari, Ramesh; Ozdaglar, Asuman E. May 22, 2006 2006-01-01T00:00:00Z Reputation, unobserved strategies, and active supermartingales https://hdl.handle.net/1721.1/64154 Reputation, unobserved strategies, and active supermartingales Fudenberg, Drew; Levine, David K. 1988-01-01T00:00:00Z Pitfalls of participatory programs : evidence from a randomized evaluation in education in India https://hdl.handle.net/1721.1/64153 Pitfalls of participatory programs : evidence from a randomized evaluation in education in India Banerjee, Abhijit; Banerji, Rukmini; Duflo, Esther; Glennerster, Rachel; Khemani, Stuti Statement of responsibility on t.p. reads: Abhijit V. Banerjee, Rukmini Benerji [i.e. Banerji], Esther Duflo, Rachel Glennerster and Stuti Khemani; September 5, 2008 2008-01-01T00:00:00Z Reforming pensions : principles, analytical errors, and policy directions https://hdl.handle.net/1721.1/64152 Reforming pensions : principles, analytical errors, and policy directions Barr, N. A.; Diamond, Peter A. November 28, 2008 2008-01-01T00:00:00Z Ranking, unemployment duration, and wages https://hdl.handle.net/1721.1/64151 Ranking, unemployment duration, and wages Blanchard, Olivier; Diamond, Peter A. January 1990--T.p. -- February 1990--p. [3] 1990-01-01T00:00:00Z Powerful women : does exposure reduce bias? https://hdl.handle.net/1721.1/64150 Powerful women : does exposure reduce bias? Beaman, Lori A.; Chattopadhyay, Raghabendra; Duflo, Esther; Pande, Rohini; Topalova, Petia Statement of responsibility on t.p. reads: Lori Beaman, Raghabendra Chattopadhyay, Esther Duflo, Rohini Pande [and] Petia B. Topalova; July 17, 2008 2008-01-01T00:00:00Z A regression based Lagrange Multiplier statistic that is robust in the presence of heteroskedasticity https://hdl.handle.net/1721.1/64149 A regression based Lagrange Multiplier statistic that is robust in the presence of heteroskedasticity Wooldridge, Jeffrey M. May 1987, Revised: December 1987.--p. [3] 1987-01-01T00:00:00Z Posterior inference in curved exponential families under increasing dimensions https://hdl.handle.net/1721.1/64148 Posterior inference in curved exponential families under increasing dimensions Belloni, Alexandre; Chernozhukov, Victor March 1, 2007 2007-01-01T00:00:00Z The production-theoretic measurement of input price and quantity indices https://hdl.handle.net/1721.1/64147 The production-theoretic measurement of input price and quantity indices Fisher, Franklin M. April 1991; Prepared for Conference in honor of Zvi Griliches, Jerusalem, May 1991--P. 1 1991-01-01T00:00:00Z The performance of coal-burning electric generating units in the United States : 1960-1980 https://hdl.handle.net/1721.1/64146 The performance of coal-burning electric generating units in the United States : 1960-1980 Joskow, Paul L.; Schmalensee, Richard 1985-01-01T00:00:00Z The politics of government decision-making : a theory of regulatory capture https://hdl.handle.net/1721.1/64145 The politics of government decision-making : a theory of regulatory capture Laffont, Jean-Jacques; Tirole, Jean 1988-01-01T00:00:00Z The relative importance of permanent and transitory components : identification and some theoretical bounds https://hdl.handle.net/1721.1/64144 The relative importance of permanent and transitory components : identification and some theoretical bounds Quah, Danny 1988-01-01T00:00:00Z Punctuality : a cultural trait as equilibrium https://hdl.handle.net/1721.1/64143 Punctuality : a cultural trait as equilibrium Basu, Kaushik; Weibull, Jrgen W. June 10, 2002 2002-01-01T00:00:00Z Profit-sharing versus fixed-payment contracts : evidence from the motion-pictures industry https://hdl.handle.net/1721.1/64142 Profit-sharing versus fixed-payment contracts : evidence from the motion-pictures industry Chisholm, Darlene C. 1994-01-01T00:00:00Z Price leadership https://hdl.handle.net/1721.1/64141 Price leadership Rotemberg, Julio; Saloner, Garth September 1985 1985-01-01T00:00:00Z Predation, mergers and incomplete information https://hdl.handle.net/1721.1/64140 Predation, mergers and incomplete information Saloner, Garth April 1985. Preliminary 1985-01-01T00:00:00Z Profitability and market share https://hdl.handle.net/1721.1/64139 Profitability and market share Adelman, Morris Albert; Stangle, Bruce Edward 1983-01-01T00:00:00Z Public action for public goods https://hdl.handle.net/1721.1/64138 Public action for public goods Banerjee, Abhijit V.; Lakshmi Iyer; Somanathan, Rohini September 30, 2006 2006-01-01T00:00:00Z The pure theory of the national-output deflator, https://hdl.handle.net/1721.1/64137 The pure theory of the national-output deflator, Fisher, Franklin M.; Shell, Karl 1970-01-01T00:00:00Z Resource extraction when a future substitute has an uncertain cost https://hdl.handle.net/1721.1/64136 Resource extraction when a future substitute has an uncertain cost Hoel, Michael O. 1977-01-01T00:00:00Z Polynomial distributed lags, https://hdl.handle.net/1721.1/64135 Polynomial distributed lags, Hall, Robert Ernest 1967-01-01T00:00:00Z Policy with dispersed information https://hdl.handle.net/1721.1/64134 Policy with dispersed information Angeletos, Marios; Pavan, Alessandro October 30, 2007--title page. -- October 27, 2007--abstract page 2007-01-01T00:00:00Z Reputation and equilibrium characterization in repeated games with conflicting interests https://hdl.handle.net/1721.1/64133 Reputation and equilibrium characterization in repeated games with conflicting interests Schmidt, Klaus M. March 1991; March 1992--2nd prelim. p 1992-01-01T00:00:00Z Poor old capitalism https://hdl.handle.net/1721.1/64132 Poor old capitalism Domar, Evsey D. 1974-01-01T00:00:00Z Political selection and persistence of bad governments https://hdl.handle.net/1721.1/64131 Political selection and persistence of bad governments Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin July 31, 2009 2009-01-01T00:00:00Z Price stickiness in Ss models : new interpretations of old results https://hdl.handle.net/1721.1/64130 Price stickiness in Ss models : new interpretations of old results Caballero, Ricardo J.; Engel, Eduardo February 19, 2007 2007-01-01T00:00:00Z The quality of labor relations and unemployment https://hdl.handle.net/1721.1/64129 The quality of labor relations and unemployment Blanchard, Olivier; Philippon, Thomas June 15, 2004 2004-01-01T00:00:00Z Returns to seniority in union and nonunion jobs : a new look at the evidence https://hdl.handle.net/1721.1/64128 Returns to seniority in union and nonunion jobs : a new look at the evidence Abraham, Katharine G.; Farber, Henry S. 1987-01-01T00:00:00Z Resource extraction and recycling with environmental costs https://hdl.handle.net/1721.1/64127 Resource extraction and recycling with environmental costs Hoel, Michael O. 1977-01-01T00:00:00Z Productivity gains from unemployment insurance https://hdl.handle.net/1721.1/64126 Productivity gains from unemployment insurance Acemoglu, Daron; Shimer, Robert October, 1999; August, 1999--Added t.p 1999-01-01T00:00:00Z Post-[script l]\2081-penalized estimators in high-dimensional linear regression models https://hdl.handle.net/1721.1/64125 Post-[script l]\2081-penalized estimators in high-dimensional linear regression models Belloni, Alexandre; Chernozhukov, Victor Cover title; January 4, 2009 -- Current Revision: March 29, 2010 2010-01-01T00:00:00Z A regional economic policy simulation model https://hdl.handle.net/1721.1/64124 A regional economic policy simulation model Treyz, George; Friedlaender, Ann Fetter; Stevens, Benjamin H. Work on this model has been supported by the Commonwealth of Massachusetts 1977-01-01T00:00:00Z Retail electricity competition https://hdl.handle.net/1721.1/64123 Retail electricity competition Joskow, Paul L.; Tirole, Jean April 21, 2004 2004-01-01T00:00:00Z Prices vs. quantities https://hdl.handle.net/1721.1/64122 Prices vs. quantities Weitzman, Martin L. 1973-01-01T00:00:00Z Riding the South Sea Bubble https://hdl.handle.net/1721.1/64121 Riding the South Sea Bubble Temin, Peter; Voth, Hans-Joachim December 21, 2003 2003-01-01T00:00:00Z Production-theoretic input price indices and the measurement of real aggregate input use https://hdl.handle.net/1721.1/64120 Production-theoretic input price indices and the measurement of real aggregate input use Fisher, Franklin M. Paper prepared for the fourth Karlsruhe Seminar on measurement in economics (theory and application of indices), July 1985--p. 1 1985-01-01T00:00:00Z A representative consumer theory of distribution https://hdl.handle.net/1721.1/64119 A representative consumer theory of distribution Caselli, Francesco; Ventura, Jaume 1996-01-01T00:00:00Z Pollution permits and compliance strategies https://hdl.handle.net/1721.1/64118 Pollution permits and compliance strategies Laffont, Jean-Jacques; Tirole, Jean June, 1994 1994-01-01T00:00:00Z Reversal of fortune : geography and institutions in the making of the modern world income distribution https://hdl.handle.net/1721.1/64117 Reversal of fortune : geography and institutions in the making of the modern world income distribution Acemoglu, Daron; Johnson, Simon; Robinson, James A. Title from cover; August 2001.--Cover. August 9, 2001--Abstract 2001-01-01T00:00:00Z Rules of thumb for social learning https://hdl.handle.net/1721.1/64116 Rules of thumb for social learning Ellison, Glenn; Fudenberg, Drew 1992-01-01T00:00:00Z Rational expectations business cycles in search equilibrium https://hdl.handle.net/1721.1/64115 Rational expectations business cycles in search equilibrium Diamond, Peter A.; Fudenberg, Drew 1987-01-01T00:00:00Z Ranking of tariffs under monopoly power in trade, https://hdl.handle.net/1721.1/64114 Ranking of tariffs under monopoly power in trade, Bhagwati, Jagdish N.; Kemp, Murray C. 1968-01-01T00:00:00Z Productivity differences between and within countries https://hdl.handle.net/1721.1/64113 Productivity differences between and within countries Acemoglu, Daron; Dell, Melissa July 6, 2009 2009-01-01T00:00:00Z Regularity in overlapping generations exchange economies https://hdl.handle.net/1721.1/64112 Regularity in overlapping generations exchange economies Kehoe, Timothy Jerome; Levine, David K. December 1982 1983-01-01T00:00:00Z Pensions for aging population https://hdl.handle.net/1721.1/64111 Pensions for aging population Diamond, Peter A. December 1, 2005 2005-01-01T00:00:00Z Quotas and the stability of implicit collusion https://hdl.handle.net/1721.1/64110 Quotas and the stability of implicit collusion Rotemberg, Julio; Saloner, Garth 1986-01-01T00:00:00Z The rationale for foreign aid https://hdl.handle.net/1721.1/64109 The rationale for foreign aid Eckaus, Richard S. 1968-01-01T00:00:00Z Recent studies of the incidence of the corporate income tax https://hdl.handle.net/1721.1/64108 Recent studies of the incidence of the corporate income tax Brown, E. Cary 1973-01-01T00:00:00Z Reforming labor market institutions : unemployment insurance and employment protection https://hdl.handle.net/1721.1/64107 Reforming labor market institutions : unemployment insurance and employment protection Blanchard, Olivier November 10, 2004 2004-01-01T00:00:00Z Privatization and management incentives in the transition period in Eastern Europe https://hdl.handle.net/1721.1/64106 Privatization and management incentives in the transition period in Eastern Europe Schmidt, Klaus M.; Schnitzer, Monika First version: June 1992, this version, November 1992--3rd prelim. p 1992-01-01T00:00:00Z A revealed performance approach to understanding corporate governance problems : evidence from Canada https://hdl.handle.net/1721.1/64105 A revealed performance approach to understanding corporate governance problems : evidence from Canada Chirinko, Robert S.; Schaller, Huntley November 2002 2002-01-01T00:00:00Z The post-bellum recovery of the South and the cost of the Civil War https://hdl.handle.net/1721.1/64104 The post-bellum recovery of the South and the cost of the Civil War Temin, Peter 1976-01-01T00:00:00Z Regulatory failure, regulatory reform and structural change in the electric power industry https://hdl.handle.net/1721.1/64103 Regulatory failure, regulatory reform and structural change in the electric power industry Joskow, Paul L. Revised draft, January 25, 1989 1989-01-01T00:00:00Z Regulating executive pay : using the tax code to influence CEO compensation https://hdl.handle.net/1721.1/64102 Regulating executive pay : using the tax code to influence CEO compensation Rose, Nancy L.; Wolfram, Catherine D. September 2000 2000-01-01T00:00:00Z Public policy and extended families : evidence from South Africa https://hdl.handle.net/1721.1/64101 Public policy and extended families : evidence from South Africa Bertrand, Marianne; Mullainathan, Sendhil; Miller, Douglas Title from cover; March 2001. March 27, 2001--Abstract 2001-01-01T00:00:00Z Rate-adaptive GMM estimations for linear time series models https://hdl.handle.net/1721.1/64100 Rate-adaptive GMM estimations for linear time series models Kuersteiner, Guido M. October 2002. -- First draft: November 1999; this draft: October 2002--P. [1] 2002-01-01T00:00:00Z Property rights and the nature of the firm https://hdl.handle.net/1721.1/64099 Property rights and the nature of the firm Hart, Oliver D.; Moore, John 1988-01-01T00:00:00Z The regulation of multiproduct firms : theory and policy analysis https://hdl.handle.net/1721.1/64098 The regulation of multiproduct firms : theory and policy analysis Laffont, Jean-Jacques; Tirole, Jean 1988-01-01T00:00:00Z Provision of quality and power of incentive schemes in regulated industries https://hdl.handle.net/1721.1/64097 Provision of quality and power of incentive schemes in regulated industries Laffont, Jean-Jacques; Tirole, Jean 1989-01-01T00:00:00Z Price leadership https://hdl.handle.net/1721.1/64096 Price leadership Rotemberg, Julio; Saloner, Garth 1986-01-01T00:00:00Z A quantitative model of sudden stops and external liquidity management https://hdl.handle.net/1721.1/64095 A quantitative model of sudden stops and external liquidity management Caballero, Ricardo J.; Panageas, Stavros April 4, 2005 2005-01-01T00:00:00Z Rising wage inequality : the role of composition and prices https://hdl.handle.net/1721.1/64094 Rising wage inequality : the role of composition and prices Autor, David H.; Katz, Lawrence F.; Kearney, Melissa Schettini August 18, 2005 2005-01-01T00:00:00Z Rational behavior with payoff uncertainty https://hdl.handle.net/1721.1/64093 Rational behavior with payoff uncertainty Dekel, Eddie; Fudenberg, Drew 1987-01-01T00:00:00Z Pricing and the distribution of money holdings in a search economy https://hdl.handle.net/1721.1/64092 Pricing and the distribution of money holdings in a search economy Diamond, Peter A.; Yellin, Joel Supported by the National Science Foundation 1985-01-01T00:00:00Z Problems in the modeling of urban development a review article on Urban Dynamics, https://hdl.handle.net/1721.1/64091 Problems in the modeling of urban development a review article on Urban Dynamics, Rothenberg, Jerome 1971-01-01T00:00:00Z Regulation in theory and practice : an overview https://hdl.handle.net/1721.1/64090 Regulation in theory and practice : an overview Joskow, Paul L.; Noll, Roger G. 1978-01-01T00:00:00Z Product prices and the OECD cycle https://hdl.handle.net/1721.1/64089 Product prices and the OECD cycle Kraay, Aart; Ventura, Jaume January 1999 1999-01-01T00:00:00Z The ranking of policy interventions under factor market imperfections; the case of sector-specific sticky wages and unemployment https://hdl.handle.net/1721.1/64088 The ranking of policy interventions under factor market imperfections; the case of sector-specific sticky wages and unemployment Bhagwati, Jagdish N.; Srinivasan, T. N. 1973-01-01T00:00:00Z Paul Samuelson https://hdl.handle.net/1721.1/64087 Paul Samuelson Fischer, Stanley 1986-01-01T00:00:00Z Pyramids https://hdl.handle.net/1721.1/64086 Pyramids Bertrand, Marianne; Mullainathan, Sendhil September 2002.; September 25, 2002--P. 1 2002-01-01T00:00:00Z The probability of dependence on public assistance https://hdl.handle.net/1721.1/64085 The probability of dependence on public assistance Barr, N. A.; Hall, Robert Ernest 1974-01-01T00:00:00Z Reforming public pensions in the US and the UK https://hdl.handle.net/1721.1/64084 Reforming public pensions in the US and the UK Diamond, Peter A. August 5, 2005 2005-01-01T00:00:00Z The ratchet principle and performance incentives https://hdl.handle.net/1721.1/64083 The ratchet principle and performance incentives Weitzman, Martin L. 1979-01-01T00:00:00Z The Potential for reducing carbon emissions from increased efficiency : a general equilibrium methodology https://hdl.handle.net/1721.1/64082 The Potential for reducing carbon emissions from increased efficiency : a general equilibrium methodology Blitzer, Charles R. May 1990. -- May 18, 1990--P. 1 1990-01-01T00:00:00Z Reputation and equilibrium selection in games with a patient player https://hdl.handle.net/1721.1/64081 Reputation and equilibrium selection in games with a patient player Fudenberg, Drew; Levine, David K. 1987-01-01T00:00:00Z Price adjustment in long term contracts : the case of coal https://hdl.handle.net/1721.1/64080 Price adjustment in long term contracts : the case of coal Joskow, Paul L. Revised draft (March 1987) -- page 1 1987-01-01T00:00:00Z Property rights, corruption and the allocation of talent : a general equilibrium approach https://hdl.handle.net/1721.1/64079 Property rights, corruption and the allocation of talent : a general equilibrium approach Acemoglu, Daron; Verdier, Thierry 1996-01-01T00:00:00Z Revisiting the supply side effects of government spending under incomplete markets https://hdl.handle.net/1721.1/64078 Revisiting the supply side effects of government spending under incomplete markets Angeletos, Marios; Panousi, Vasia May 4, 2007 2007-01-01T00:00:00Z Political limits to globalization https://hdl.handle.net/1721.1/64077 Political limits to globalization Acemoglu, Daron; Yared, Pierre January 15, 2010 2010-01-01T00:00:00Z Relative performance evaluation for chief executive officers https://hdl.handle.net/1721.1/64076 Relative performance evaluation for chief executive officers Gibbons, Robert; Murphy, Kevin James 1989-01-01T00:00:00Z The returns to computer use revisited : have pencils changed the wage structure too? https://hdl.handle.net/1721.1/64075 The returns to computer use revisited : have pencils changed the wage structure too? DiNardo, John E.; Pischke, Jrn-Steffen 1996-01-01T00:00:00Z Privatization and incentives https://hdl.handle.net/1721.1/64074 Privatization and incentives Laffont, Jean-Jacques; Tirole, Jean 1990-01-01T00:00:00Z Repeated games with long-run and short-run players https://hdl.handle.net/1721.1/64073 Repeated games with long-run and short-run players Fudenberg, Drew; Kreps, David M.; Maskin, Eric 1988-01-01T00:00:00Z Rational medical care : an economist's perspective https://hdl.handle.net/1721.1/64072 Rational medical care : an economist's perspective Diamond, Peter A. 1997-01-01T00:00:00Z The rise of Europe : Atlantic trade, institutional change and economic growth https://hdl.handle.net/1721.1/64071 The rise of Europe : Atlantic trade, institutional change and economic growth Acemoglu, Daron; Johnson, Simon; Robinson, James A. November 25, 2002 2002-01-01T00:00:00Z Public disagreement https://hdl.handle.net/1721.1/64070 Public disagreement Sethi, Rajiv; Yildiz, Muhamet February 15, 2009 2009-01-01T00:00:00Z Pharmaceutical prices and political activity https://hdl.handle.net/1721.1/64069 Pharmaceutical prices and political activity Ellison, Sara Fisher; Wolfram, Catherine D. Title from cover; August 2001 2001-01-01T00:00:00Z Private sunspots and idiosyncratic investor sentiment https://hdl.handle.net/1721.1/64068 Private sunspots and idiosyncratic investor sentiment Angeletos, Marios April 16, 2008 2008-01-01T00:00:00Z Quasi-hyperbolic discounting and retirement https://hdl.handle.net/1721.1/64067 Quasi-hyperbolic discounting and retirement Diamond, Peter A.; Koszegi, Botond Title from cover; January 2000.; December 16, 1999--Added t.p 2000-01-01T00:00:00Z Quasi-maximum likelihood estimation of dynamic models with time varying covariances https://hdl.handle.net/1721.1/64066 Quasi-maximum likelihood estimation of dynamic models with time varying covariances Bollerslev, Tim 1988-01-01T00:00:00Z Rational debate and one-dimensional conflict https://hdl.handle.net/1721.1/64065 Rational debate and one-dimensional conflict Spector, David M. March 1999 1999-01-01T00:00:00Z Private and public supply of liquidity https://hdl.handle.net/1721.1/64064 Private and public supply of liquidity Holmstrm, Bengt; Tirole, Jean 1996-01-01T00:00:00Z Participation and investment decisions in a retirement plan : the influence of colleagues' choices https://hdl.handle.net/1721.1/64063 Participation and investment decisions in a retirement plan : the influence of colleagues' choices Duflo, Esther; Saez, Emmanuel May 2000; May 25, 2000--Added t.p 2000-01-01T00:00:00Z The persistence of volatility and stock market fluctuations https://hdl.handle.net/1721.1/64062 The persistence of volatility and stock market fluctuations Poterba, James M.; Summers, Lawrence H. 1984-01-01T00:00:00Z Reliability and competitive electricity markets https://hdl.handle.net/1721.1/64061 Reliability and competitive electricity markets Joskow, Paul L.; Tirole, Jean April 21, 2004 2004-01-01T00:00:00Z The rise in disability recipiency and the decline of unemployment https://hdl.handle.net/1721.1/64060 The rise in disability recipiency and the decline of unemployment Autor, David H.; Duggan, Mark G. Title from cover; May 2001.; May 2001, revised from July 2000.--Abstract 2001-01-01T00:00:00Z Price competition in communications networks https://hdl.handle.net/1721.1/64059 Price competition in communications networks Acemoglu, Daron; Ozdaglar, Asuman E. December 2005 2005-01-01T00:00:00Z Risk taking by mutual funds as a response to incentives https://hdl.handle.net/1721.1/64058 Risk taking by mutual funds as a response to incentives Chevalier, Judith A.; Ellison, Glenn 1995-01-01T00:00:00Z Product safety, liability rules and retailer bankruptcy https://hdl.handle.net/1721.1/64057 Product safety, liability rules and retailer bankruptcy Simon, Marilyn; Wolf, Robert G.; Perloff, Jeffrey M. 1982-01-01T00:00:00Z Quantile and probability curves without crossing https://hdl.handle.net/1721.1/64056 Quantile and probability curves without crossing Chernozhukov, Victor; Fernndez-Val, Ivn; Galichon, Alfred April 27, 2007 2007-01-01T00:00:00Z Persistence of power, elites and institutions https://hdl.handle.net/1721.1/64055 Persistence of power, elites and institutions Acemoglu, Daron; Robinson, James A. February 28, 2006 2006-01-01T00:00:00Z Pricing rules for hospitals https://hdl.handle.net/1721.1/64054 Pricing rules for hospitals Harris, Jeffrey E. Draft one 1977-01-01T00:00:00Z Quantity constraints, spillovers, and the Hahn process/ https://hdl.handle.net/1721.1/64053 Quantity constraints, spillovers, and the Hahn process/ Fisher, Franklin M. 1975-01-01T00:00:00Z The rise of free trade in Western Europe, 1820-1875 https://hdl.handle.net/1721.1/64052 The rise of free trade in Western Europe, 1820-1875 Kindleberger, Charles Poor Written for 1974 Annual Meeting of the Economic History Association, September 20, 1974 1974-01-01T00:00:00Z Renegotiation design under symmetric information https://hdl.handle.net/1721.1/64051 Renegotiation design under symmetric information Aghion, Philippe; Dewartripont, M.; Rey, Philippe 1989-01-01T00:00:00Z Party control of state government and the distribution of public expenditures https://hdl.handle.net/1721.1/64050 Party control of state government and the distribution of public expenditures Ansolabehere, Stephen; Snyder, James M. August 2003 2003-01-01T00:00:00Z Pathological outcomes of observational learning https://hdl.handle.net/1721.1/64049 Pathological outcomes of observational learning Smith, Lones A.; Srensen, Peter Norman 1996-01-01T00:00:00Z Pan American to United--the Pacific Division transfer case https://hdl.handle.net/1721.1/64048 Pan American to United--the Pacific Division transfer case Fisher, Franklin M. 1986-01-01T00:00:00Z Procurement and renegotiation https://hdl.handle.net/1721.1/64047 Procurement and renegotiation Tirole, Jean 1984-01-01T00:00:00Z Reputation effects and the limits of contracting : a study of the Indian software industry https://hdl.handle.net/1721.1/64046 Reputation effects and the limits of contracting : a study of the Indian software industry Banerjee, Abhijit V.; Duflo, Esther July 1999; First draft: November, 1998 -- This version June 11, 1999--Added t.p 1999-01-01T00:00:00Z Robert M. Solow, bibliography, 1950-1987 https://hdl.handle.net/1721.1/64045 Robert M. Solow, bibliography, 1950-1987 Stevens, Janice L.; Carroll, David P. 1988-01-01T00:00:00Z Panel data and unobservable individual effects https://hdl.handle.net/1721.1/64044 Panel data and unobservable individual effects Hausman, Jerry A.; Taylor, William E. 1980-01-01T00:00:00Z Permanent and transitory movements in labor income : an explanation for "excess smoothness" in consumption https://hdl.handle.net/1721.1/64043 Permanent and transitory movements in labor income : an explanation for "excess smoothness" in consumption Quah, Danny 1989-01-01T00:00:00Z Rational expectations with market power : the paradox of the disadvantageous tariff on oil https://hdl.handle.net/1721.1/64042 Rational expectations with market power : the paradox of the disadvantageous tariff on oil Maskin, Eric; Newbery, David 1978-01-01T00:00:00Z Price discrimination in retail markets https://hdl.handle.net/1721.1/64041 Price discrimination in retail markets Shepard, Andrea 1989-01-01T00:00:00Z Pathological models of observational learning https://hdl.handle.net/1721.1/64040 Pathological models of observational learning Smith, Lones A.; Srensen, Peter Norman Preliminary version--3rd prelim. p 1994-01-01T00:00:00Z Repeated auctions of incentive contracts, investment and bidding parity with an application to takeovers https://hdl.handle.net/1721.1/64039 Repeated auctions of incentive contracts, investment and bidding parity with an application to takeovers Laffont, Jean-Jacques; Tirole, Jean May 1987, Revised September 1987 1987-01-01T00:00:00Z Reflections on fiscal policy https://hdl.handle.net/1721.1/64038 Reflections on fiscal policy Brown, E. Cary 1979-01-01T00:00:00Z Predation without reputation https://hdl.handle.net/1721.1/64037 Predation without reputation Fudenberg, Drew; Tirole, Jean 1985-01-01T00:00:00Z Piece-rate incentive schemes https://hdl.handle.net/1721.1/64036 Piece-rate incentive schemes Gibbons, Robert 1986-01-01T00:00:00Z Quality and quantity competition https://hdl.handle.net/1721.1/64035 Quality and quantity competition Dixit, Avinash K. 1977-01-01T00:00:00Z The rise of Europe : Atlantic trade, institutional change and economic growth https://hdl.handle.net/1721.1/64034 The rise of Europe : Atlantic trade, institutional change and economic growth Acemoglu, Daron; Johnson, Simon; Robinson, James A. Title from cover; November 25, 2002--P. 1 2002-01-01T00:00:00Z Productivity and convergence across U.S. states and industries https://hdl.handle.net/1721.1/64033 Productivity and convergence across U.S. states and industries Bernard, Andrew B.; Jones, Charles I. 1995-01-01T00:00:00Z Regression-based inference in linear time series models with incomplete dynamics https://hdl.handle.net/1721.1/64032 Regression-based inference in linear time series models with incomplete dynamics Wooldridge, Jeffrey M. April 1990. -- August 1989. Latest revision: April 1990.--3rd prelim. page 1990-01-01T00:00:00Z Returns-to-scale in research and development; what does the Schumpeterian hypothesis imply ? , https://hdl.handle.net/1721.1/64031 Returns-to-scale in research and development; what does the Schumpeterian hypothesis imply ? , Fisher, Franklin M.; Temin, Peter 1971-01-01T00:00:00Z Reservation wages & unemployment insurance https://hdl.handle.net/1721.1/64030 Reservation wages & unemployment insurance Shimer, Robert; Werning, Ivn February 16, 2006. -- Revised: April 28, 2006 2006-01-01T00:00:00Z The performance of long term contracts : further evidence from coal markets https://hdl.handle.net/1721.1/64029 The performance of long term contracts : further evidence from coal markets Joskow, Paul L. 1989-01-01T00:00:00Z A remark on boundary restrictions in the global Newton method https://hdl.handle.net/1721.1/64028 A remark on boundary restrictions in the global Newton method Varian, Hal R. 1976-01-01T00:00:00Z Productivity across industries and countries : time series theory and evidence https://hdl.handle.net/1721.1/64027 Productivity across industries and countries : time series theory and evidence Bernard, Andrew B.; Jones, Charles I. October 1993 1993-01-01T00:00:00Z Progressive estate taxation https://hdl.handle.net/1721.1/64026 Progressive estate taxation Farhi, Emmanuel; Werning, Ivn September 25, 2006 2006-01-01T00:00:00Z The role of immigration in industrial growth; a case study of the origins and character of Puerto Rican migration to Boston https://hdl.handle.net/1721.1/64025 The role of immigration in industrial growth; a case study of the origins and character of Puerto Rican migration to Boston Piore, Michael J. 1973-01-01T00:00:00Z Portfolio choice, investment, and growth https://hdl.handle.net/1721.1/64024 Portfolio choice, investment, and growth Foley, Duncan K.; Sidrauski, Miguel 1968-01-01T00:00:00Z Regulatory activities by government agencies https://hdl.handle.net/1721.1/64023 Regulatory activities by government agencies Joskow, Paul L. This paper will appear as chapter III-14 in Handbook of organizational design, Elsevier Publishing Company, William Starbuck, editor 1975-01-01T00:00:00Z Product market competition, union organizing activity, and employer resistance https://hdl.handle.net/1721.1/64022 Product market competition, union organizing activity, and employer resistance Farber, Henry S.; Abowd, John M. April 1990 1990-01-01T00:00:00Z Patterns of congressional voting https://hdl.handle.net/1721.1/64021 Patterns of congressional voting Poole, Keith T.; Rosenthal, Howard 1989-01-01T00:00:00Z Persistent appreciations and overshooting : a normative analysis https://hdl.handle.net/1721.1/64020 Persistent appreciations and overshooting : a normative analysis Caballero, Ricardo J.; Lorenzoni, Guido April 19, 2007 2007-01-01T00:00:00Z Privatization in East European transformation https://hdl.handle.net/1721.1/64019 Privatization in East European transformation Fischer, Stanley April 1991 1991-01-01T00:00:00Z Real wage rigidities and the new Keynesian model https://hdl.handle.net/1721.1/64018 Real wage rigidities and the new Keynesian model Blanchard, Olivier; Gal, Jordi October 31, 2005--T.p. -- October 2005 (First draft: April 2005)--Abstract, p. 1; Prepared for the FRB/JMCB conference on Quantitative Evidence on Price Determination, Washington, D.C., September 29-30, 2005--P. 1 2005-01-01T00:00:00Z Perfect Bayesian and sequential equilibria : a clarifying note https://hdl.handle.net/1721.1/64017 Perfect Bayesian and sequential equilibria : a clarifying note Fudenberg, Drew; Tirole, Jean 1988-01-01T00:00:00Z Patterns of congressional voting https://hdl.handle.net/1721.1/64016 Patterns of congressional voting Poole, Keith T.; Rosenthal, Howard Revised February 1990 1990-01-01T00:00:00Z Price and capacity competition https://hdl.handle.net/1721.1/64015 Price and capacity competition Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. December 12, 2006 2006-01-01T00:00:00Z Reputation in the simultaneous play of multiple opponents https://hdl.handle.net/1721.1/64014 Reputation in the simultaneous play of multiple opponents Fudenberg, Drew; Kreps, David M. 1987-01-01T00:00:00Z Rebalancing growth in China : a three-handed approach https://hdl.handle.net/1721.1/64013 Rebalancing growth in China : a three-handed approach Blanchard, Olivier; Giavazzi, Francesco Title from cover; November 25, 2005--Cover. -- November 25, 2005 (First draft: August 1, 2005)--Abstract, p. 1 2005-01-01T00:00:00Z Persistence of civil wars https://hdl.handle.net/1721.1/64012 Persistence of civil wars Acemoglu, Daron; Ticchi, Davide; Vindigni, Andrea September 16, 2009 2009-01-01T00:00:00Z The role of information and social interactions in retirement plan decisions : evidence from a randomized experiment https://hdl.handle.net/1721.1/64011 The role of information and social interactions in retirement plan decisions : evidence from a randomized experiment Duflo, Esther; Saez, Emmanuel March 21, 2002 2002-01-01T00:00:00Z Optimal auctions with risk averse buyers https://hdl.handle.net/1721.1/64010 Optimal auctions with risk averse buyers Maskin, Eric; Riley, John 1981-01-01T00:00:00Z Oligopoly theory, entry-prevention and growth, https://hdl.handle.net/1721.1/64009 Oligopoly theory, entry-prevention and growth, Bhagwati, Jagdish N. 1970-01-01T00:00:00Z On silent springs and multiple roots: cost-benefit methods and environmental damage, https://hdl.handle.net/1721.1/64008 On silent springs and multiple roots: cost-benefit methods and environmental damage, Edel, Matthew 1970-01-01T00:00:00Z Nonparametric estimation of triangular simultaneous equations models https://hdl.handle.net/1721.1/64007 Nonparametric estimation of triangular simultaneous equations models Newey, Whitney K.; Powell, James; Vella, Francis July, 1998--T.p. -- March 1995; revised, February 1998--P. 1 1998-01-01T00:00:00Z Nash and perfect equilibria of discounted repeated games https://hdl.handle.net/1721.1/64006 Nash and perfect equilibria of discounted repeated games Fudenberg, Drew; Maskin, Eric February 1987, revised July 1988 1988-01-01T00:00:00Z On the assignment of liability: the uniform case https://hdl.handle.net/1721.1/64005 On the assignment of liability: the uniform case Diamond, Peter A. 1975-01-01T00:00:00Z National welfare in an open economy in the presence of foreign-owned factors of production https://hdl.handle.net/1721.1/64004 National welfare in an open economy in the presence of foreign-owned factors of production Bhagwati, Jagdish N.; Brecher, Richard A. 1978-01-01T00:00:00Z An ordered probit analysis of transaction stock prices https://hdl.handle.net/1721.1/64003 An ordered probit analysis of transaction stock prices Hausman, Jerry A.; Lo, Andrew W.; Craig, MacKinley A. Latest Revision: Oct. 1991 1991-01-01T00:00:00Z The optimal design of unemployment insurance and employment protection : a first pass https://hdl.handle.net/1721.1/64002 The optimal design of unemployment insurance and employment protection : a first pass Blanchard, Olivier; Tirole, Jean April 1, 2004; Added author, Jean Tirole, missing from t.p.; supplied from cover 2004-01-01T00:00:00Z Notes for a theory of labor market stratification https://hdl.handle.net/1721.1/64001 Notes for a theory of labor market stratification Piore, Michael J. 1972-01-01T00:00:00Z Owner consumers and efficiency https://hdl.handle.net/1721.1/64000 Owner consumers and efficiency Farrell, Joseph Forthcoming, Economics letters.--p. [3]; Title from p. [3] and p. [5]: Owner-consumers and efficiency 1985-01-01T00:00:00Z On the welfare significance of national product in adynamic economy https://hdl.handle.net/1721.1/63999 On the welfare significance of national product in adynamic economy Weitzman, Martin L. 1974-01-01T00:00:00Z Optimal taxation and the Le Chatelier principle https://hdl.handle.net/1721.1/63998 Optimal taxation and the Le Chatelier principle Diamond, Peter A.; Mirrlees, James A. Title from cover; September 2002 2002-01-01T00:00:00Z The opportunity costs of public investment comment, https://hdl.handle.net/1721.1/63997 The opportunity costs of public investment comment, Diamond, Peter A. 1967-01-01T00:00:00Z Optimal trade policy and compensation under endogenous uncertainty : the phenomenon of market disruption https://hdl.handle.net/1721.1/63996 Optimal trade policy and compensation under endogenous uncertainty : the phenomenon of market disruption Bhagwati, Jagdish N.; Srinivasan, T. N. 1975-01-01T00:00:00Z On the international financial architecture : insuring emerging markets https://hdl.handle.net/1721.1/63995 On the international financial architecture : insuring emerging markets Caballero, Ricardo J. February 6, 2003 2003-01-01T00:00:00Z Networks, migration and investment : insiders and outsiders in Tirupur's production cluster https://hdl.handle.net/1721.1/63994 Networks, migration and investment : insiders and outsiders in Tirupur's production cluster Banerjee, Abhijit V.; Munshi, Kaivan June 2000; March 2000--Added t.p 2000-01-01T00:00:00Z The noisy duopolist https://hdl.handle.net/1721.1/63993 The noisy duopolist Spector, David M. Title from cover; December 2000. December, 2000 (first version: June, 2000)--P. 1 2000-01-01T00:00:00Z On stability analysis with disequilibrium awareness https://hdl.handle.net/1721.1/63992 On stability analysis with disequilibrium awareness Stahl, Dale O.; Fisher, Franklin M. 1986-01-01T00:00:00Z Noisy business cycles https://hdl.handle.net/1721.1/63991 Noisy business cycles Angeletos, Marios; La'O, Jennifer May 14, 2009 2009-01-01T00:00:00Z On the trail of conventional beliefs about the transfer problem https://hdl.handle.net/1721.1/63990 On the trail of conventional beliefs about the transfer problem Samuelson, Paul A. 1970-01-01T00:00:00Z Optimal savings distortions with recursive preferences https://hdl.handle.net/1721.1/63989 Optimal savings distortions with recursive preferences Farhi, Emmanuel; Werning, Ivn December 7, 2007 2007-01-01T00:00:00Z Optimal policies and immiserizing growth, https://hdl.handle.net/1721.1/63988 Optimal policies and immiserizing growth, Bhagwati, Jagdish N. 1968-01-01T00:00:00Z The "other" imbalance and the financial crisis https://hdl.handle.net/1721.1/63987 The "other" imbalance and the financial crisis Caballero, Ricardo J. December 29, 2009 2009-01-01T00:00:00Z A new Keynesian model with unemployment https://hdl.handle.net/1721.1/63986 A new Keynesian model with unemployment Blanchard, Olivier; Gal, Jordi July 18, 2006 2006-01-01T00:00:00Z An overview of real economic development in the Middle East since 1973 https://hdl.handle.net/1721.1/63985 An overview of real economic development in the Middle East since 1973 Eckaus, Richard S. 1979-01-01T00:00:00Z A note on environmental innovation https://hdl.handle.net/1721.1/63984 A note on environmental innovation Laffont, Jean-Jacques; Tirole, Jean 1994-01-01T00:00:00Z On optimum subsidy to a learning industry: an aspect of the theory of infant-industry protection, https://hdl.handle.net/1721.1/63983 On optimum subsidy to a learning industry: an aspect of the theory of infant-industry protection, Bardhan, Pranab K. 1967-01-01T00:00:00Z On the optimal timing of benefits with heterogeneous workers and human capital depreciation https://hdl.handle.net/1721.1/63982 On the optimal timing of benefits with heterogeneous workers and human capital depreciation Shimer, Robert; Werning, Ivn April 25, 2006 2006-01-01T00:00:00Z On inflation and output with costly price changes : a simple unifying result https://hdl.handle.net/1721.1/63981 On inflation and output with costly price changes : a simple unifying result Benabou, Roland; Konieczny, Jerzy D. 1991-01-01T00:00:00Z Optimum consumption and portfolio rules in a continuous-time model, https://hdl.handle.net/1721.1/63980 Optimum consumption and portfolio rules in a continuous-time model, Merton, Robert C. 1970-01-01T00:00:00Z On stability in the saddle-point sense https://hdl.handle.net/1721.1/63979 On stability in the saddle-point sense Levhari, David; Liviatan, Nissan 1971-01-01T00:00:00Z On the computational complexity of MCMC-based estimators in large samples https://hdl.handle.net/1721.1/63978 On the computational complexity of MCMC-based estimators in large samples Belloni, Alexandre; Chernozhukov, Victor February 23, 2007 2006-01-01T00:00:00Z On the optimal compensation of a socialist manager https://hdl.handle.net/1721.1/63977 On the optimal compensation of a socialist manager Domar, Evsey D. 1972-01-01T00:00:00Z Outsourcing at will : the contribution of unjust dismissal doctrine to the growth of employment outsourcing https://hdl.handle.net/1721.1/63976 Outsourcing at will : the contribution of unjust dismissal doctrine to the growth of employment outsourcing Autor, David H. Title from cover; August 2001.. August 2001; revised from March 1999 ... This paper was previously titled: Outsourcing at will: unjust dismissal doctrine and the growth of temporary help employment--Abstract 2001-01-01T00:00:00Z On the duality between allocation and valuation, https://hdl.handle.net/1721.1/63975 On the duality between allocation and valuation, MacRae, C. Duncan 1968-01-01T00:00:00Z On the profitability of Russian serfdom https://hdl.handle.net/1721.1/63974 On the profitability of Russian serfdom Domar, Evsey D.; Machina, Mark 1982-01-01T00:00:00Z On the speed of transition in Central Europe https://hdl.handle.net/1721.1/63973 On the speed of transition in Central Europe Aghion, Philippe; Blanchard, Olivier 1993-01-01T00:00:00Z On the statistical theory of unobserved components https://hdl.handle.net/1721.1/63972 On the statistical theory of unobserved components Hall, Robert Ernest 1973-01-01T00:00:00Z A note on spurious break and regime shift in cointegrating relationship https://hdl.handle.net/1721.1/63971 A note on spurious break and regime shift in cointegrating relationship Bai, Jushan 1996-01-01T00:00:00Z Organizational design : decision rights and incentive contacts Susan Athey [and] John Roberts. https://hdl.handle.net/1721.1/63970 Organizational design : decision rights and incentive contacts Susan Athey [and] John Roberts. Athey, Susan; Roberts, John H. Title from cover 2001-01-01T00:00:00Z Network effects and welfare cultures https://hdl.handle.net/1721.1/63969 Network effects and welfare cultures Mullainathan, Sendhil; Bertrand, Marianne; Luttmer, Erzo F. P. October, 1998 1998-01-01T00:00:00Z On the dispensability of public randomization in discounted repeated games https://hdl.handle.net/1721.1/63968 On the dispensability of public randomization in discounted repeated games Fudenberg, Drew; Maskin, Eric 1987-01-01T00:00:00Z On the management of innovation https://hdl.handle.net/1721.1/63967 On the management of innovation Aghion, Philippe; Tirole, Jean July 1993 1993-01-01T00:00:00Z Nonlinear errors in variables : estimation of some Engel curves https://hdl.handle.net/1721.1/63966 Nonlinear errors in variables : estimation of some Engel curves Hausman, Jerry A.; Newey, Whitney K.; Powel, J. L. Revised draft November 1, 1988.--3rd prelim. page 1988-01-01T00:00:00Z Organizational failure in hospitals : an analysis and a proposal https://hdl.handle.net/1721.1/63965 Organizational failure in hospitals : an analysis and a proposal Harris, Jeffrey E. 1976-01-01T00:00:00Z Nudging farmers to use fertilizer : theory and experimental evidence from Kenya https://hdl.handle.net/1721.1/63964 Nudging farmers to use fertilizer : theory and experimental evidence from Kenya Duflo, Esther; Kremer, Michael; Robinson, Jonathan June 26, 2009 2009-01-01T00:00:00Z Observations and conjectures on the U.S. employment miracle https://hdl.handle.net/1721.1/63963 Observations and conjectures on the U.S. employment miracle Krueger, Alan B.; Pischke, Jrn-Steffen 1997-01-01T00:00:00Z Optimum growth and allocation of foreign exchange, https://hdl.handle.net/1721.1/63962 Optimum growth and allocation of foreign exchange, Bardhan, Pranab K. 1969-01-01T00:00:00Z Necessary and sufficient conditions for the perfect finite horizon folk theorem https://hdl.handle.net/1721.1/63961 Necessary and sufficient conditions for the perfect finite horizon folk theorem Smith, Lones A. 93-6 Rev., May 1994 1994-01-01T00:00:00Z Optimal job search in a changing world https://hdl.handle.net/1721.1/63960 Optimal job search in a changing world Smith, Lones A. 1995-01-01T00:00:00Z The origin of compulsory drug prescriptions https://hdl.handle.net/1721.1/63959 The origin of compulsory drug prescriptions Temin, Peter Forthcoming in the Jounal of law and economics 1978-01-01T00:00:00Z A new specification test for the validity of instrumental variables https://hdl.handle.net/1721.1/63958 A new specification test for the validity of instrumental variables Hahn, Jinyong; Hausman, Jerry A. May, 1999 1999-01-01T00:00:00Z Optimal Bayesian mechanisms https://hdl.handle.net/1721.1/63957 Optimal Bayesian mechanisms Maskin, Eric 1984-01-01T00:00:00Z On reanalysing the Harris-Todaro model; policy rankings in the case of sector-specific sticky wages https://hdl.handle.net/1721.1/63956 On reanalysing the Harris-Todaro model; policy rankings in the case of sector-specific sticky wages Bhagwati, Jagdish N.; Srinivasan, T. N. 1973-01-01T00:00:00Z On the ills of adjustment https://hdl.handle.net/1721.1/63955 On the ills of adjustment Caballero, Ricardo J.; Hammour, Mohamad L. 1995-01-01T00:00:00Z On the timing and efficiency of creative distruction https://hdl.handle.net/1721.1/63954 On the timing and efficiency of creative distruction Caballero, Ricardo J.; Hammour, Mohamad L. 1994-01-01T00:00:00Z Notes on the specification of an aggregative model of metropolitan housing markets https://hdl.handle.net/1721.1/63953 Notes on the specification of an aggregative model of metropolitan housing markets Galster, George C.; Rothenberg, Jerome Errata inserted 1974-01-01T00:00:00Z Nonparametric estimation of triangular simultaneous equations models https://hdl.handle.net/1721.1/63952 Nonparametric estimation of triangular simultaneous equations models Newey, Whitney K.; Powell, James; Vella, Francis Additional authors found in caption title on p. 1 include: James L. Powell and Francis Vella; October, 1998--T.p. -- March 1995; revised, February 1998--P. 1 1998-01-01T00:00:00Z On the misuse of the profits-sales ratio to infer monopoly power https://hdl.handle.net/1721.1/63951 On the misuse of the profits-sales ratio to infer monopoly power Fisher, Franklin M. 1985-01-01T00:00:00Z Necessary and sufficient conditions for the perfect finite horizon folk theorem https://hdl.handle.net/1721.1/63950 Necessary and sufficient conditions for the perfect finite horizon folk theorem Smith, Lones A. 1993-01-01T00:00:00Z On the theory of non-economic objectives in open economies https://hdl.handle.net/1721.1/63949 On the theory of non-economic objectives in open economies Vandendorpe, Adolf 1973-01-01T00:00:00Z On the microeconomics of internal migration https://hdl.handle.net/1721.1/63948 On the microeconomics of internal migration Rothenberg, Jerome 1976-01-01T00:00:00Z On the irrelevance of trade timing https://hdl.handle.net/1721.1/63947 On the irrelevance of trade timing Smith, Lones A. 1996-01-01T00:00:00Z Optimal tax theory : a synthesis https://hdl.handle.net/1721.1/63946 Optimal tax theory : a synthesis Mirrlees, James A. 1976-01-01T00:00:00Z On the technological foundations of economic dualism https://hdl.handle.net/1721.1/63945 On the technological foundations of economic dualism Piore, Michael J. 1973-01-01T00:00:00Z Optimal income taxation : an example with a U-shaped pattern of optimal marginal tax rates https://hdl.handle.net/1721.1/63944 Optimal income taxation : an example with a U-shaped pattern of optimal marginal tax rates Diamond, Peter A. 1994-01-01T00:00:00Z Organizing industrial organization : reflections on parts 2 and 3 of the Handbook of Industrial Organization https://hdl.handle.net/1721.1/63943 Organizing industrial organization : reflections on parts 2 and 3 of the Handbook of Industrial Organization Fisher, Franklin M. 1990-01-01T00:00:00Z On the robustness of equilibrium refinements https://hdl.handle.net/1721.1/63942 On the robustness of equilibrium refinements Fudenberg, Drew; Kreps, David M.; Levine, David K. 1987-01-01T00:00:00Z The new Soviet incentive model https://hdl.handle.net/1721.1/63941 The new Soviet incentive model Weitzman, Martin L. 1974-01-01T00:00:00Z on efficiency of the English auction https://hdl.handle.net/1721.1/63940 on efficiency of the English auction Birulin, Oleksii; Izmalkov, Sergei November 2, 2003 2003-01-01T00:00:00Z Optimal collusion with private information https://hdl.handle.net/1721.1/63939 Optimal collusion with private information Athey, Susan; Bagwell, Kyle October, 1999; First draft: May, 1998. This draft: September, 1999--Added t.p 1999-01-01T00:00:00Z On donor sovereignty and united charities https://hdl.handle.net/1721.1/63938 On donor sovereignty and united charities Fisher, Franklin M. 1976-01-01T00:00:00Z On inferring resource-allocational implications from DRC calculations in trade-distorted open economies https://hdl.handle.net/1721.1/63937 On inferring resource-allocational implications from DRC calculations in trade-distorted open economies Bhagwati, Jagdish N.; Srinivasan, T. N. 1978-01-01T00:00:00Z On the relations between econometric sectoral and macro models https://hdl.handle.net/1721.1/63936 On the relations between econometric sectoral and macro models Fisher, Franklin M. Paper to be presented at The School of Economic Planning for Government and Industry, SOGESTA, Urbino, Italy, January 1978 1978-01-01T00:00:00Z Nonparametric estimation with nonlinear budget sets https://hdl.handle.net/1721.1/63935 Nonparametric estimation with nonlinear budget sets Blomquist, Nils Sren; Newey, Whitney K. July 1999 1999-01-01T00:00:00Z Optimal taxation in a stochastic economy : a Cobb-Douglas example https://hdl.handle.net/1721.1/63934 Optimal taxation in a stochastic economy : a Cobb-Douglas example Diamond, Peter A.; Helms, Jon David; Mirrlees, James A. 1978-01-01T00:00:00Z Origins of United States direct investment in France https://hdl.handle.net/1721.1/63933 Origins of United States direct investment in France Kindleberger, Charles Poor A paper written for the Colloquium of the French Association of Economic Historians on the International Financial Position of France, 19th and 20th Centuries, held in Paris in October 1973 1973-01-01T00:00:00Z Nonparametric estimation of exact consumers surplus and deadweight loss https://hdl.handle.net/1721.1/63932 Nonparametric estimation of exact consumers surplus and deadweight loss Hausman, Jerry A.; Newey, Whitney K. October 1990, Revised, December 1992 1992-01-01T00:00:00Z On the near optimality of linear incentives https://hdl.handle.net/1721.1/63931 On the near optimality of linear incentives Diamond, Peter A. 1994-01-01T00:00:00Z Optimal search for the best alternative https://hdl.handle.net/1721.1/63930 Optimal search for the best alternative Weitzman, Martin L. 1978-01-01T00:00:00Z One share/one vote and the market for corporate control https://hdl.handle.net/1721.1/63929 One share/one vote and the market for corporate control Grossman, Sanford J.; Hart, Oliver D. 1987-01-01T00:00:00Z Optimal instrumental variables estimation for ARMA models https://hdl.handle.net/1721.1/63928 Optimal instrumental variables estimation for ARMA models Kuersteiner, Guido M. March 1999 1999-01-01T00:00:00Z Optimal incentive contracts in the presence of career concerns : theory and evidence https://hdl.handle.net/1721.1/63927 Optimal incentive contracts in the presence of career concerns : theory and evidence Gibbons, Robert; Murphy, Kevin James 1990-01-01T00:00:00Z On the macroeconomics of asset shortages https://hdl.handle.net/1721.1/63926 On the macroeconomics of asset shortages Caballero, Ricardo J. November 27, 2006 2006-01-01T00:00:00Z New evidence that taxes affect the valuation of dividends https://hdl.handle.net/1721.1/63925 New evidence that taxes affect the valuation of dividends Poterba, James M.; Summers, Lawrence H. 1984-01-01T00:00:00Z Optimal policy intervention in the presence of brain drain : educational subsidy and tax on emigrants' income https://hdl.handle.net/1721.1/63924 Optimal policy intervention in the presence of brain drain : educational subsidy and tax on emigrants' income Bhagwati, Jagdish N.; Hamada, Koichi 1976-01-01T00:00:00Z Nonlinear aggregate investment dynamics : theory and evidence https://hdl.handle.net/1721.1/63923 Nonlinear aggregate investment dynamics : theory and evidence Caballero, Ricardo J.; Engel, Eduardo January, 1998 1998-01-01T00:00:00Z Neighborhood deterioration and the urban housing market complex https://hdl.handle.net/1721.1/63922 Neighborhood deterioration and the urban housing market complex Rothenberg, Jerome Paper presented for presentation at Conference on Urban Housing by the Federal Home Loan Bank of San Francisco, San Francisco, December 7-8, 1978 1979-01-01T00:00:00Z Optimal revenue functions for economic regulation https://hdl.handle.net/1721.1/63921 Optimal revenue functions for economic regulation Weitzman, Martin L. 1976-01-01T00:00:00Z On replacing capitalism https://hdl.handle.net/1721.1/63920 On replacing capitalism Foley, Duncan K. 1970-01-01T00:00:00Z Optimism, deadline effect, and stochastic deadlines https://hdl.handle.net/1721.1/63919 Optimism, deadline effect, and stochastic deadlines Yildiz, Muhamet August 2004 2004-01-01T00:00:00Z News, noise, and fluctuations : an empirical exploration https://hdl.handle.net/1721.1/63918 News, noise, and fluctuations : an empirical exploration Blanchard, Olivier; L'Huillier, Jean-Paul; Lorenzoni, Guido May 20, 2009 2009-01-01T00:00:00Z Non-random missing data https://hdl.handle.net/1721.1/63917 Non-random missing data Hausman, Jerry A.; Spence, Michael 1977-01-01T00:00:00Z A model of the managerial revolution https://hdl.handle.net/1721.1/63908 A model of the managerial revolution Temin, Peter 1982-01-01T00:00:00Z Money in the utility function : an empirical implementation https://hdl.handle.net/1721.1/63907 Money in the utility function : an empirical implementation Poterba, James M.; Rotemberg, Julio This paper was prepared for the 1985 Austin Symposium in Economics 1986-01-01T00:00:00Z Legislative effectiveness & legislative life https://hdl.handle.net/1721.1/63906 Legislative effectiveness & legislative life Padr i Miquel, Gerard; Snyder, James M. July 2004 2004-01-01T00:00:00Z Moderating elections https://hdl.handle.net/1721.1/63905 Moderating elections Alesina, Alberto; Rosenthal, Howard 1989-01-01T00:00:00Z Multiplicative panel data models without the strict exogeneity assumption https://hdl.handle.net/1721.1/63904 Multiplicative panel data models without the strict exogeneity assumption Wooldridge, Jeffrey M. 1991-01-01T00:00:00Z Metropolitan fragmentation, law enforcement effort and urban crime https://hdl.handle.net/1721.1/63903 Metropolitan fragmentation, law enforcement effort and urban crime Wheaton, William C. February 1, 2005 2005-01-01T00:00:00Z Liquidity and insurance for the unemployed https://hdl.handle.net/1721.1/63902 Liquidity and insurance for the unemployed Shimer, Robert; Werning, Ivn September 22, 2005 2005-01-01T00:00:00Z Linear decision and control, https://hdl.handle.net/1721.1/63901 Linear decision and control, MacRae, C. Duncan 1969-01-01T00:00:00Z A Marxian type model of enclosures https://hdl.handle.net/1721.1/63900 A Marxian type model of enclosures Cohen, Jon S. 1973-01-01T00:00:00Z Market behavior with demand uncertainty and price inflexibility https://hdl.handle.net/1721.1/63899 Market behavior with demand uncertainty and price inflexibility Carlton, Dennis W. 1976-01-01T00:00:00Z Job duration, seniority, and earnings https://hdl.handle.net/1721.1/63898 Job duration, seniority, and earnings Abraham, Katharine G.; Farber, Henry S. 1986-01-01T00:00:00Z A model of the distribution of wealth, https://hdl.handle.net/1721.1/63897 A model of the distribution of wealth, Atkinson, A. B. 1974-01-01T00:00:00Z The macroeconomics of specificity https://hdl.handle.net/1721.1/63896 The macroeconomics of specificity Caballero, Ricardo J.; Hammour, Mohamad L. 1996-01-01T00:00:00Z Modeling inefficient institutions https://hdl.handle.net/1721.1/63895 Modeling inefficient institutions Acemoglu, Daron December 27, 2005 2005-01-01T00:00:00Z Long-term contracts, rational expectations and the optimal money supply rule https://hdl.handle.net/1721.1/63894 Long-term contracts, rational expectations and the optimal money supply rule Fischer, Stanley 1975-01-01T00:00:00Z A liquidity based asset pricing model https://hdl.handle.net/1721.1/63893 A liquidity based asset pricing model Holmstrm, Bengt; Tirole, Jean June, 1998--T.p. -- April 6, 1998--P. 1 1998-01-01T00:00:00Z Monitoring and collusion : "carrots" versus "sticks" in the control of auditors https://hdl.handle.net/1721.1/63892 Monitoring and collusion : "carrots" versus "sticks" in the control of auditors Acemoglu, Daron 1994-01-01T00:00:00Z Moral hazard and efficiency in general equilibrium with anonymous trading https://hdl.handle.net/1721.1/63891 Moral hazard and efficiency in general equilibrium with anonymous trading Acemoglu, Daron; Simsek, Alp April 27, 2009 2010-01-01T00:00:00Z L1-Penalized Quantile Regression in High Dimensional Sparse Models https://hdl.handle.net/1721.1/63890 L1-Penalized Quantile Regression in High Dimensional Sparse Models Chernozhukov, Victor; Belloni, Alexandre April 24, 2009 2009-01-01T00:00:00Z Lifetime incidence and the distributional burden of excise taxes https://hdl.handle.net/1721.1/63889 Lifetime incidence and the distributional burden of excise taxes Poterba, James M. 1989-01-01T00:00:00Z Monopoly and credibility in asset markets : an example https://hdl.handle.net/1721.1/63888 Monopoly and credibility in asset markets : an example Fudenberg, Drew; Levine, David K. 1989-01-01T00:00:00Z A method of simulated moments for estimation of discrete response models without numerical integration https://hdl.handle.net/1721.1/63887 A method of simulated moments for estimation of discrete response models without numerical integration McFadden, Daniel March 1986 (Revised July 1986, August 1987) 1987-01-01T00:00:00Z Local decentralization and the theory of optimal government. https://hdl.handle.net/1721.1/63886 Local decentralization and the theory of optimal government. Rothenberg, Jerome 1968-01-01T00:00:00Z The Leontiev-Trefler hypothesis and factor price insensitivity https://hdl.handle.net/1721.1/63885 The Leontiev-Trefler hypothesis and factor price insensitivity Repetto, Andrea; Ventura, Jaume 1997-01-01T00:00:00Z Money, output, and prices : evidence from a new monetary aggregate https://hdl.handle.net/1721.1/63884 Money, output, and prices : evidence from a new monetary aggregate Rotemberg, Julio; Driscoll, John C.; Poterba, James M. Rev. July 1991 1991-01-01T00:00:00Z Keynes' disequilibrium analysis, https://hdl.handle.net/1721.1/63883 Keynes' disequilibrium analysis, Schuster, Helmut 1972-01-01T00:00:00Z Matching, heterogeneity and the evolution of income distribution https://hdl.handle.net/1721.1/63882 Matching, heterogeneity and the evolution of income distribution Acemoglu, Daron 1995-01-01T00:00:00Z Layoffs and lemons https://hdl.handle.net/1721.1/63881 Layoffs and lemons Gibbons, Robert; Katz, Lawrence F. 1989-01-01T00:00:00Z Marry for what? : caste and mate selection in modern India https://hdl.handle.net/1721.1/63880 Marry for what? : caste and mate selection in modern India Banerjee, Abhijit V.; Duflo, Esther; Ghatak, Maitreesh; Lafortune, Jeanne Statement of responsibility on t.p. reads: Abhijit V. Banerjee, Esther Duflo, Maitreesh Ghatak, Jeanne Lafortune; May 8, 2009. Revised: May 19, 2009 2009-01-01T00:00:00Z Jobless growth : appropriability, factor-substitution, and unemployment https://hdl.handle.net/1721.1/63879 Jobless growth : appropriability, factor-substitution, and unemployment Caballero, Ricardo J.; Hammour, Mohamad L. 1997-01-01T00:00:00Z The metamorphosis of giants : China and India in transition https://hdl.handle.net/1721.1/63878 The metamorphosis of giants : China and India in transition Eckaus, Richard S. 1995-01-01T00:00:00Z Likelihood estimation & inference in a class of nonregular economic models https://hdl.handle.net/1721.1/63877 Likelihood estimation & inference in a class of nonregular economic models Chernozhukov, Victor; Hong, Han January 2003. -- Revised: May 9, 2003 2003-01-01T00:00:00Z Moral hazard as an entry barrier https://hdl.handle.net/1721.1/63876 Moral hazard as an entry barrier Farrell, Joseph July 1985 1985-01-01T00:00:00Z Kernel estimation of partial means and a general variance estimator https://hdl.handle.net/1721.1/63875 Kernel estimation of partial means and a general variance estimator Newey, Whitney K. December 1991, Revised, December 1992 1992-01-01T00:00:00Z Macroeconomic effects of regulation and deregulation in goods and labor markets https://hdl.handle.net/1721.1/63874 Macroeconomic effects of regulation and deregulation in goods and labor markets Blanchard, Olivier; Landier, Augustin Title from cover; March 2001. March 6, 2001--Abstract 2001-01-01T00:00:00Z Land reforms : prospects and strategies https://hdl.handle.net/1721.1/63873 Land reforms : prospects and strategies Banerjee, Abhijit V. October, 1999; September 1999--Added t.p 1999-01-01T00:00:00Z Labor force macroeconomics in Egypt : structure of a general equilibrium model https://hdl.handle.net/1721.1/63872 Labor force macroeconomics in Egypt : structure of a general equilibrium model Boutros-Ghali, Y.; Taylor, Lance A in series statement on title-page handwritten; October, 1980 1980-01-01T00:00:00Z The monopoly of violence : evidence from Colombia https://hdl.handle.net/1721.1/63871 The monopoly of violence : evidence from Colombia Acemoglu, Daron; Robinson, James A.; Santos, Rafael November 30, 2009 2009-01-01T00:00:00Z Made in Germany : the German currency crisis of July 1931 https://hdl.handle.net/1721.1/63870 Made in Germany : the German currency crisis of July 1931 Ferguson, Thomas S.; Temin, Peter Title from cover; February 2001 2001-01-01T00:00:00Z A market economy in the early Roman Empire https://hdl.handle.net/1721.1/63869 A market economy in the early Roman Empire Temin, Peter Title from cover; February 2001 2001-01-01T00:00:00Z Macroeconomic effects of regulation and deregulation in goods and labor markets https://hdl.handle.net/1721.1/63868 Macroeconomic effects of regulation and deregulation in goods and labor markets Blanchard, Olivier; Giavazzi, Francesco Title from cover; January 2001. January 22, 2000 [sic]--Added t.p 2001-01-01T00:00:00Z Mandated disclosure, stock returns, and the 1964 Securities Acts Amendments https://hdl.handle.net/1721.1/63867 Mandated disclosure, stock returns, and the 1964 Securities Acts Amendments Greenstone, Michael; Oyer, Paul E.; Vissing-Jorgensen, Annette September 28, 2004 2004-01-01T00:00:00Z Microeconomic flexibility in Latin America https://hdl.handle.net/1721.1/63866 Microeconomic flexibility in Latin America Caballero, Ricardo J.; Engel, Eduardo; Micco, Alejandro March 2004 2004-01-01T00:00:00Z Lessons for the present from the great depression Peter Temin. https://hdl.handle.net/1721.1/63865 Lessons for the present from the great depression Peter Temin. Temin, Peter 1975-01-01T00:00:00Z Lumpy investment in dynamic general equilibrium https://hdl.handle.net/1721.1/63864 Lumpy investment in dynamic general equilibrium Bachmann, Ruediger; Caballero, Ricardo J.; Engel, Eduardo June 15, 2006 2006-01-01T00:00:00Z Moderation of an ideological party https://hdl.handle.net/1721.1/63863 Moderation of an ideological party Yildiz, Muhamet; Pokladnikov, Vlasta May 2003. -- First version: May 1998; this version: May 2003--P. 1 2003-01-01T00:00:00Z Market, planning, or warfare? recent land-use conflicts in the United States https://hdl.handle.net/1721.1/63862 Market, planning, or warfare? recent land-use conflicts in the United States Edel, Matthew 1969-01-01T00:00:00Z Learning and disagreement in an uncertain world https://hdl.handle.net/1721.1/63861 Learning and disagreement in an uncertain world Acemoglu, Daron; Chernozhukov, Victor; Yildiz, Muhamet October 20, 2006 2006-01-01T00:00:00Z The labor supply of the early Roman Empire https://hdl.handle.net/1721.1/63860 The labor supply of the early Roman Empire Temin, Peter Title from cover; November 2001.; 06 December 2001--Abstract 2001-01-01T00:00:00Z Learning mixed equilibria https://hdl.handle.net/1721.1/63859 Learning mixed equilibria Fudenberg, Drew; Kreps, David M. 1992-01-01T00:00:00Z The labor market and corporate structure https://hdl.handle.net/1721.1/63858 The labor market and corporate structure Acemoglu, Daron; Newman, Andrew F. 1997-01-01T00:00:00Z The joint design of unemployment insurance and employment protection : a first pass https://hdl.handle.net/1721.1/63857 The joint design of unemployment insurance and employment protection : a first pass Blanchard, Olivier; Tirole, Jean April 1, 2004. -- Revised: November 11, 2005 2005-01-01T00:00:00Z The medium run effects of education expansion : evidence from a large school construction program in Indonesia https://hdl.handle.net/1721.1/63856 The medium run effects of education expansion : evidence from a large school construction program in Indonesia Duflo, Esther November 2001 2001-01-01T00:00:00Z Markets versus governments : political economy of mechanisms https://hdl.handle.net/1721.1/63855 Markets versus governments : political economy of mechanisms Acemoglu, Daron; Golosov, Mikhail; Tsyvinski, Aleh April 24, 2006 2006-01-01T00:00:00Z Market size in innovation : theory and evidence from the pharmaceutical industry https://hdl.handle.net/1721.1/63854 Market size in innovation : theory and evidence from the pharmaceutical industry Acemoglu, Daron; Linn, Joshua September, 2003 2003-01-01T00:00:00Z The long and large decline in U.S. output volatility https://hdl.handle.net/1721.1/63853 The long and large decline in U.S. output volatility Blanchard, Olivier; Simon, John A.; Simon, John A. Title from cover; This paper builds on Simon's MIT Ph.D. thesis.--P. [1] 2001-01-01T00:00:00Z Mentoring and diversity https://hdl.handle.net/1721.1/63852 Mentoring and diversity Athey, Susan; Avery, Christopher; Zemsky, Peter B. January, 1998 1998-01-01T00:00:00Z Minimum wages and on the job training https://hdl.handle.net/1721.1/63851 Minimum wages and on the job training Acemoglu, Daron; Pischke, Jrn-Steffen October, 1999; First version: April 1998, this version: June 1999--Added t.p 1999-01-01T00:00:00Z An MCMC approach to classical estimation https://hdl.handle.net/1721.1/63850 An MCMC approach to classical estimation Chernozhukov, Victor; Hong, Han December 2002. -- First version: October 2000; this version: December 2002--P. [1] 2002-01-01T00:00:00Z Maintaining a reputation when strategies are imperfectly observed https://hdl.handle.net/1721.1/63849 Maintaining a reputation when strategies are imperfectly observed Fudenberg, Drew; Levine, David K. 1991-01-01T00:00:00Z A memory based model of bounded rationality https://hdl.handle.net/1721.1/63848 A memory based model of bounded rationality Mullainathan, Sendhil Title from cover; September 2000. September 20, 2000--Abstract 2000-01-01T00:00:00Z The logic of vertical restraints https://hdl.handle.net/1721.1/63847 The logic of vertical restraints Rey, Patrick; Tirole, Jean April 1985 1985-01-01T00:00:00Z Managerial incentives : on the near optimality of linearity https://hdl.handle.net/1721.1/63846 Managerial incentives : on the near optimality of linearity Diamond, Peter A. 1995-01-01T00:00:00Z The multiproduct firm : horizontal and vertical integration https://hdl.handle.net/1721.1/63845 The multiproduct firm : horizontal and vertical integration Helpman, Elhanan 1983-01-01T00:00:00Z Medical malpractice : an empirical examination of the litigation process https://hdl.handle.net/1721.1/63844 Medical malpractice : an empirical examination of the litigation process Farber, Henry S.; White, Michelle J. 1990-01-01T00:00:00Z Macroeconomic volatility in Latin America : a view and three case studies https://hdl.handle.net/1721.1/63843 Macroeconomic volatility in Latin America : a view and three case studies Caballero, Ricardo J. June 2000; June 5, 2000--Added t.p 2000-01-01T00:00:00Z The labor market effects of introducing national health insurance : evidence from Canada https://hdl.handle.net/1721.1/63842 The labor market effects of introducing national health insurance : evidence from Canada Gruber, Jonathan; Hanratty, Maria J. 1993-01-01T00:00:00Z Learning in equilibrium models of arbitration https://hdl.handle.net/1721.1/63841 Learning in equilibrium models of arbitration Gibbons, Robert First version, September 1987; this revision March 1988; Also issued as: NBER Working Paper series, no.2547 1988-01-01T00:00:00Z Labor market imperfections and thick market externalities from innovation https://hdl.handle.net/1721.1/63840 Labor market imperfections and thick market externalities from innovation Acemoglu, Daron Oct. 1993 1993-01-01T00:00:00Z A model of growth through creative destruction https://hdl.handle.net/1721.1/63839 A model of growth through creative destruction Aghion, Philippe; Howitt, Peter 1989-01-01T00:00:00Z Likelihood inference for some non-regular econometric models https://hdl.handle.net/1721.1/63838 Likelihood inference for some non-regular econometric models Chernozhukov, Victor; Hong, Han February 2002.; First version: August 2000. This version:February 11, 2002--Added t.p.--Abstract 2002-01-01T00:00:00Z Mean reversion in stock prices : evidence and implications https://hdl.handle.net/1721.1/63837 Mean reversion in stock prices : evidence and implications Poterba, James M.; Summers, Lawrence H. ...part of the NBER Programs in Economic Fluctuations and Financial Markets; December 1986, Revised August 1987 1987-01-01T00:00:00Z LAPM : a liquidity-based asset pricing model https://hdl.handle.net/1721.1/63836 LAPM : a liquidity-based asset pricing model Holmstrm, Bengt; Tirole, Jean September 2000; September 5, 2000--Added t.p 2000-01-01T00:00:00Z Modes of economic behavior : variations on themes of J. R. Hicks and Herbert Simon https://hdl.handle.net/1721.1/63835 Modes of economic behavior : variations on themes of J. R. Hicks and Herbert Simon Temin, Peter 1979-01-01T00:00:00Z Money in search equilibrium https://hdl.handle.net/1721.1/63834 Money in search equilibrium Diamond, Peter A. 1982-01-01T00:00:00Z Monetary policy under exchange rate flexibility https://hdl.handle.net/1721.1/63833 Monetary policy under exchange rate flexibility Dornbusch, Rudiger Revised October 1978; A paper prepared for the Federal Reserve Bank of Boston Conference on Managed Exchange Rate Flexibility, Bald Peak Colony Club, October 1978 1978-01-01T00:00:00Z The Japanese bonus : profit share of disguised wage? https://hdl.handle.net/1721.1/63832 The Japanese bonus : profit share of disguised wage? Weitzman, Martin L. October 1985; Includes appendix 1985-01-01T00:00:00Z Long run health impacts of income shocks : wine and Phylloxera in 19th century France Abhijit Banerjee ... [et al.]. https://hdl.handle.net/1721.1/63831 Long run health impacts of income shocks : wine and Phylloxera in 19th century France Abhijit Banerjee ... [et al.]. Banerjee, Abhijit V. January 30, 2007; Authors: Abhijit V. Banerjee, Esther Duflo, Gilles Postel-Vinay and Timothy Watts 2007-01-01T00:00:00Z Mediterranean trade in biblical times https://hdl.handle.net/1721.1/63830 Mediterranean trade in biblical times Temin, Peter March 2003 2003-01-01T00:00:00Z Misclassification of a dependent variable in a discrete response setting https://hdl.handle.net/1721.1/63829 Misclassification of a dependent variable in a discrete response setting Hausman, Jerry A.; Scott Morton, Fiona 1994-01-01T00:00:00Z Lindahl's solution and the core of an economy with public goods, https://hdl.handle.net/1721.1/63828 Lindahl's solution and the core of an economy with public goods, Foley, Duncan K. 1967-01-01T00:00:00Z The macroeconomic effects of oil price shocks : why are the 2000s so different from the 1970s https://hdl.handle.net/1721.1/63827 The macroeconomic effects of oil price shocks : why are the 2000s so different from the 1970s Blanchard, Olivier; Gal, Jordi August 17, 2007, revised: March 25, 2008 2008-01-01T00:00:00Z Learning through price experimentation by a monopolist facing unknown demand https://hdl.handle.net/1721.1/63826 Learning through price experimentation by a monopolist facing unknown demand Aghion, Philippe; Bolton, Patrick; Jullien, Bruno 1988-01-01T00:00:00Z Matrix operations in econometrics, https://hdl.handle.net/1721.1/63825 Matrix operations in econometrics, Hall, Robert Ernest 1967-01-01T00:00:00Z A model of social insurance with variable retirement https://hdl.handle.net/1721.1/63824 A model of social insurance with variable retirement Diamond, Peter A.; Mirrlees, James A. 1977-01-01T00:00:00Z Limited insurance portability and job mobility : the effects of public policy on job-lock https://hdl.handle.net/1721.1/63823 Limited insurance portability and job mobility : the effects of public policy on job-lock Gruber, Jonathan; Madrian, Brigitte C. 1993-01-01T00:00:00Z Mergers, competition, and monopoly in the regulated trucking industry https://hdl.handle.net/1721.1/63822 Mergers, competition, and monopoly in the regulated trucking industry Wang Chiang, Judy S.; Friedlaender, Ann Fetter 1981-01-01T00:00:00Z Media bias https://hdl.handle.net/1721.1/63821 Media bias Mullainathan, Sendhil; Shleifer, Andrei Title from cover; September 2002 2002-01-01T00:00:00Z Latin America in the light of reports on development https://hdl.handle.net/1721.1/63820 Latin America in the light of reports on development Rosenstein-Rodan, P. N. December, 1970 1970-01-01T00:00:00Z Kleptocracy and divide-and-rule : a model of personal rule https://hdl.handle.net/1721.1/63819 Kleptocracy and divide-and-rule : a model of personal rule Acemoglu, Daron; Robinson, James A.; Verdier, Thierry July 2003 2003-01-01T00:00:00Z Multiple experiments for the causal link between the quantity and quality of children https://hdl.handle.net/1721.1/63818 Multiple experiments for the causal link between the quantity and quality of children Angrist, Joshua David; Lavy, Victor; Schlosser, Analia September 20, 2006 2006-01-01T00:00:00Z Monetary policy and performance in the U.S., Japan and Europe, 1973-86 https://hdl.handle.net/1721.1/63817 Monetary policy and performance in the U.S., Japan and Europe, 1973-86 Fischer, Stanley This paper was prepared for the Third International Conference of the Institute for Monetary and Economic Studies, Bank of Japan, June 1987; June 1987, Revised 1987-01-01T00:00:00Z Money and prices in the Early Roman Empire https://hdl.handle.net/1721.1/63816 Money and prices in the Early Roman Empire Kessler, David; Temin, Peter April 14, 2005 2005-01-01T00:00:00Z Labor- and capital-augmenting technical change https://hdl.handle.net/1721.1/63815 Labor- and capital-augmenting technical change Acemoglu, Daron December 2002 2002-01-01T00:00:00Z Measurement error and earnings dynamics : some estimates from the PSID validation study https://hdl.handle.net/1721.1/63814 Measurement error and earnings dynamics : some estimates from the PSID validation study Pischke, Jrn-Steffen Nov. 1992: Revised, Dec. 1993--2nd prelim. p 1993-01-01T00:00:00Z Moral hazard and renegotiation in agency contracts https://hdl.handle.net/1721.1/63813 Moral hazard and renegotiation in agency contracts Fudenberg, Drew; Tirole, Jean 1988-01-01T00:00:00Z Keynesian models of unemployment https://hdl.handle.net/1721.1/63812 Keynesian models of unemployment Varian, Hal R. 1976-01-01T00:00:00Z Multisector general equilibrium models for Egypt https://hdl.handle.net/1721.1/63811 Multisector general equilibrium models for Egypt Eckaus, Richard S.; McCarthy, F. Desmond; Muhyi al-Din, \02BBAmr This report is a corrected and expanded version of the report of June 30, 1978 1979-01-01T00:00:00Z Knife-edge or plateau : when doe market models tip? https://hdl.handle.net/1721.1/63810 Knife-edge or plateau : when doe market models tip? Ellison, Glenn; Fudenberg, Drew February 2003.; First draft: July 10, 2002. This draft: February 5, 2003--Abstract 2003-01-01T00:00:00Z Increases in risk and in risk aversion, https://hdl.handle.net/1721.1/63799 Increases in risk and in risk aversion, Diamond, Peter A.; Stiglitz, Joseph E. 1973-01-01T00:00:00Z Informational herding as experimentation dj vu https://hdl.handle.net/1721.1/63798 Informational herding as experimentation dj vu Smith, Lones A.; Srensen, Peter Norman 1996-01-01T00:00:00Z Interest groups & the electoral control of politicians https://hdl.handle.net/1721.1/63797 Interest groups & the electoral control of politicians Snyder, James M.; Ting, Michael M. February 3, 2005 2005-01-01T00:00:00Z The informativeness of prices : search with learning and inflation uncertainty https://hdl.handle.net/1721.1/63796 The informativeness of prices : search with learning and inflation uncertainty Benabou, Roland; Gertner, Robert H. April 1990; This is a much revised and expanded version of 'Inflation and market power in a duopoly model with search' 1990-01-01T00:00:00Z Is there a viable European social and economic model? https://hdl.handle.net/1721.1/63795 Is there a viable European social and economic model? Blanchard, Olivier July 11, 2006 2006-01-01T00:00:00Z Integrating allocation and stabilization budgets https://hdl.handle.net/1721.1/63794 Integrating allocation and stabilization budgets Diamond, Peter A. Revised, October 1990 1990-01-01T00:00:00Z Identification of standard auction models https://hdl.handle.net/1721.1/63793 Identification of standard auction models Athey, Susan; Haile, Philip A. August 2000; This version: August 8, 2000--Added t.p 2000-01-01T00:00:00Z Innovation and the emergence of market dominance https://hdl.handle.net/1721.1/63792 Innovation and the emergence of market dominance Athey, Susan; Schmutzler, Armin October, 1999 1999-01-01T00:00:00Z Identifying agglomeration spillovers : evidence from million dollar plants https://hdl.handle.net/1721.1/63791 Identifying agglomeration spillovers : evidence from million dollar plants Greenstone, Michael; Hornbeck, Richard; Moretti, Enrico December 19, 2007 2007-01-01T00:00:00Z Inflation and the comprehensive tax base https://hdl.handle.net/1721.1/63790 Inflation and the comprehensive tax base Diamond, Peter A. 1973-01-01T00:00:00Z Income and urban residence: an analysis of consumer demand for location https://hdl.handle.net/1721.1/63789 Income and urban residence: an analysis of consumer demand for location Wheaton, William C. 1974-01-01T00:00:00Z The impacts of credit on village economies https://hdl.handle.net/1721.1/63788 The impacts of credit on village economies Kaboski, Joseph Paul; Townsend, Robert M. April 9, 2009 2009-01-01T00:00:00Z Implementation and strong Nash equilibrium https://hdl.handle.net/1721.1/63787 Implementation and strong Nash equilibrium Maskin, Eric 1978-01-01T00:00:00Z Inference on parameter sets in econometric models https://hdl.handle.net/1721.1/63786 Inference on parameter sets in econometric models Chernozhukov, Victor; Hong, Han; Tamer, Elie June 16, 2006; See recent revision called Estimation & confidence regions for parameter sets in economic modes, [SSRN] id# 963451 2006-01-01T00:00:00Z Insulation of pensions from political risk https://hdl.handle.net/1721.1/63785 Insulation of pensions from political risk Diamond, Peter A. June 1994 1994-01-01T00:00:00Z The interest rate, learning, and inventory investment https://hdl.handle.net/1721.1/63784 The interest rate, learning, and inventory investment Maccini, Louis J.; Moore, Bartholomew; Schaller, Huntley January 2003 2003-01-01T00:00:00Z Information authority and internal governance of the firm https://hdl.handle.net/1721.1/63783 Information authority and internal governance of the firm Wells, Robin Elizabeth July, 1998--T.p. -- First draft: May 1997, this draft: August 1998--Pref 1998-01-01T00:00:00Z Inference on counterfactual distributions https://hdl.handle.net/1721.1/63782 Inference on counterfactual distributions Chernozhukov, Victor; Fernndez-Val, Ivn; Melly, Blaise August 8, 2008 2008-01-01T00:00:00Z Idiosyncratic production risk, growth, and the business cycle https://hdl.handle.net/1721.1/63781 Idiosyncratic production risk, growth, and the business cycle Angeletos, Marios; Calvet, Laurent E. February 2002 2002-01-01T00:00:00Z Issues in international economic integration https://hdl.handle.net/1721.1/63780 Issues in international economic integration Fischer, Stanley April 1991 1991-01-01T00:00:00Z International liquidity illusion : on the risks of sterilization https://hdl.handle.net/1721.1/63779 International liquidity illusion : on the risks of sterilization Caballero, Ricardo J.; Krishnamurthy, Arvind Title from cover; February 2001; February 5, 2001--Abstract 2001-01-01T00:00:00Z Investment and information value for a risk averse firm https://hdl.handle.net/1721.1/63778 Investment and information value for a risk averse firm Athey, Susan November 2000 2000-01-01T00:00:00Z Instrumental variable quantile regression https://hdl.handle.net/1721.1/63777 Instrumental variable quantile regression Chernozhukov, Victor; Hansen, Christian Bailey October 15, 2006. -- First version: May 2001; revised: December 2004--p. [1] 2006-01-01T00:00:00Z Institutions, factor prices and taxation : virtues of strong states? https://hdl.handle.net/1721.1/63776 Institutions, factor prices and taxation : virtues of strong states? Acemoglu, Daron January 15, 2010 2010-01-01T00:00:00Z Instrumental variables and the search for identification from supply and demand to natural experiments https://hdl.handle.net/1721.1/63775 Instrumental variables and the search for identification from supply and demand to natural experiments Angrist, Joshua David; Krueger, Alan B. Title from cover; August 2001 2001-01-01T00:00:00Z An IV model of quantile treatment effects https://hdl.handle.net/1721.1/63774 An IV model of quantile treatment effects Chernozhukov, Victor; Hansen, Christian Bailey December 2001 2001-01-01T00:00:00Z Inflation targeting and sudden stops https://hdl.handle.net/1721.1/63773 Inflation targeting and sudden stops Caballero, Ricardo J.; Krishnamurthy, Arvind February 19, 2003 2003-01-01T00:00:00Z Information and competition in U.S. Forest Service timber auctions https://hdl.handle.net/1721.1/63772 Information and competition in U.S. Forest Service timber auctions Athey, Susan; Levin, Jonathan June 1999; First draft: November 1997. This draft: June, 1999--Added t.p 1999-01-01T00:00:00Z An "incomplete contract" approach to bankruptcy and the financial structure of the firm https://hdl.handle.net/1721.1/63771 An "incomplete contract" approach to bankruptcy and the financial structure of the firm Aghion, Philippe; Bolton, Patrick 1988-01-01T00:00:00Z Imperfect information, costly litigation and product quality https://hdl.handle.net/1721.1/63770 Imperfect information, costly litigation and product quality Simon, Marilyn 1979-01-01T00:00:00Z The investment decisions of Colombian community boards, https://hdl.handle.net/1721.1/63769 The investment decisions of Colombian community boards, Edel, Matthew 1968-01-01T00:00:00Z Inflating the beast : political incentives under uncertainty https://hdl.handle.net/1721.1/63768 Inflating the beast : political incentives under uncertainty Caballero, Ricardo J.; Yared, Pierre January 15, 2008 2008-01-01T00:00:00Z International credit and welfare : some paradoxical results with implications for the organization of international lending https://hdl.handle.net/1721.1/63767 International credit and welfare : some paradoxical results with implications for the organization of international lending Basu, Kaushik; Morita, Hodaka April 2002. -- Revised: January 15, 2005 2005-01-01T00:00:00Z Incomplete market dynamics in a neoclassical production economy https://hdl.handle.net/1721.1/63766 Incomplete market dynamics in a neoclassical production economy Angeletos, Marios; Calvet, Laurent E. November 2004 2004-01-01T00:00:00Z Is it possible to redistribute the gains from trade using income taxation? https://hdl.handle.net/1721.1/63765 Is it possible to redistribute the gains from trade using income taxation? Spector, David M. June 1999 1999-01-01T00:00:00Z Intergenerational equity and exhaustible resources https://hdl.handle.net/1721.1/63764 Intergenerational equity and exhaustible resources Solow, Robert M. 1973-01-01T00:00:00Z An instrumental variable approach to full-information estimators for linear and non-linear econometric models https://hdl.handle.net/1721.1/63763 An instrumental variable approach to full-information estimators for linear and non-linear econometric models Hausman, Jerry A. 1974-01-01T00:00:00Z Improving point and interval estimates of monotone functions by rearrangement https://hdl.handle.net/1721.1/63762 Improving point and interval estimates of monotone functions by rearrangement Chernozhukov, Victor; Fernndez-Val, Ivn; Galichon, Alfred July 2, 2008 2008-01-01T00:00:00Z Is it beautiful to be small, or is it a burden? https://hdl.handle.net/1721.1/63761 Is it beautiful to be small, or is it a burden? Eckaus, Richard S. The Second W. Arthur Lewis Memorial Lecture, Cave Hill Campus, University of the West Indies, Bridgetown, Barbados--Added t.p 1995-01-01T00:00:00Z Investment and sales : some empirical evidence https://hdl.handle.net/1721.1/63760 Investment and sales : some empirical evidence Abel, Andrew B.; Blanchard, Olivier 1986-01-01T00:00:00Z An improved rate for nonnegative definite consistent covariance matrix estimation with heterogeneous dependent data https://hdl.handle.net/1721.1/63759 An improved rate for nonnegative definite consistent covariance matrix estimation with heterogeneous dependent data Quah, Danny 1989-01-01T00:00:00Z IV estimation with valid and invalid instruments https://hdl.handle.net/1721.1/63758 IV estimation with valid and invalid instruments Hahn, Jinyong; Hausman, Jerry A. July 15, 2003 2003-01-01T00:00:00Z The incubation period for human immunodeficiency virus (HIV) https://hdl.handle.net/1721.1/63757 The incubation period for human immunodeficiency virus (HIV) Harris, Jeffrey E. 1988-01-01T00:00:00Z Institutional change in the non-market economy : endogenous matching in Chennai's chit fund auctions https://hdl.handle.net/1721.1/63756 Institutional change in the non-market economy : endogenous matching in Chennai's chit fund auctions Eeckhout, Jan; Munshi, Kaivan December 2002 2002-01-01T00:00:00Z Improper churn : social costs and macroeconomic consequences https://hdl.handle.net/1721.1/63755 Improper churn : social costs and macroeconomic consequences Caballero, Ricardo J.; Hammour, Mohamad L. July, 1998 1998-01-01T00:00:00Z The incidence of profits taxes in a neo-classical growth model, https://hdl.handle.net/1721.1/63754 The incidence of profits taxes in a neo-classical growth model, Grieson, Ronald E. 1972-01-01T00:00:00Z Inference on counterfactual distributions https://hdl.handle.net/1721.1/63753 Inference on counterfactual distributions Chernozhukov, Victor; Fernndez-Val, Ivn; Melly, Blaise August 8, 2008. Revised: April 4, 2009 2009-01-01T00:00:00Z Identifying agglomeration spillovers : evidence from million dollar plants https://hdl.handle.net/1721.1/63752 Identifying agglomeration spillovers : evidence from million dollar plants Greenstone, Michael; Hornbeck, Richard; Moretti, Enrico December 19, 2007. Revised: April 26, 2010 2010-01-01T00:00:00Z Issues in socialist economy reform https://hdl.handle.net/1721.1/63751 Issues in socialist economy reform Fischer, Stanley; Gelb, Alan H. November 1990 1990-01-01T00:00:00Z Income and democracy https://hdl.handle.net/1721.1/63750 Income and democracy Acemoglu, Daron February 2005 2005-01-01T00:00:00Z International credit and welfare : some paradoxical results with implications for the organization of international lending https://hdl.handle.net/1721.1/63749 International credit and welfare : some paradoxical results with implications for the organization of international lending Basu, Kaushik; Morita, Hodaka April 2002.; April 29, 2002--Abstract 2002-01-01T00:00:00Z An inequality for vector-valued martingales and its applications https://hdl.handle.net/1721.1/63748 An inequality for vector-valued martingales and its applications Bai, Jushan 1996-01-01T00:00:00Z Is the gasoline tax regressive? https://hdl.handle.net/1721.1/63747 Is the gasoline tax regressive? Poterba, James M. 1990-01-01T00:00:00Z Incomplete contracts and renegotiation https://hdl.handle.net/1721.1/63746 Incomplete contracts and renegotiation Hart, Oliver D.; Moore, John 1985-01-01T00:00:00Z Instrumental variables estimates of the effect of subsidized training on the quantiles of trainee earnings https://hdl.handle.net/1721.1/63745 Instrumental variables estimates of the effect of subsidized training on the quantiles of trainee earnings Abadie, Alberto; Angrist, Joshua David; Imbens, Guido October, 1999; Revised, September 1999--Added t.p 1999-01-01T00:00:00Z Is there discretion in wage setting? : a test using takeover legislation https://hdl.handle.net/1721.1/63744 Is there discretion in wage setting? : a test using takeover legislation Mullainathan, Sendhil; Bertrand, Marianne October, 1998 1998-01-01T00:00:00Z Inventories, rational expectations and the business cycle https://hdl.handle.net/1721.1/63743 Inventories, rational expectations and the business cycle Blinder, Alan S.; Fischer, Stanley 1978-01-01T00:00:00Z Impact of higher-order uncertainty https://hdl.handle.net/1721.1/63742 Impact of higher-order uncertainty Weinstein, Jonathan; Yildiz, Muhamet March 2003. -- Date: First version: October, 2002; this version: March, 2003.--P. 1 2003-01-01T00:00:00Z Integrating punishment and efficiency concerns in punitive damages for reckless disregard of risks to others https://hdl.handle.net/1721.1/63741 Integrating punishment and efficiency concerns in punitive damages for reckless disregard of risks to others Diamond, Peter A. 1997-01-01T00:00:00Z Income inequality and the incomes of very high income taxpayers : evidence from tax returns https://hdl.handle.net/1721.1/63740 Income inequality and the incomes of very high income taxpayers : evidence from tax returns Feenberg, Daniel; Poterba, James M. 1992-01-01T00:00:00Z It takes t*\0333 to tango : trading coalitions in the Edgeworth process https://hdl.handle.net/1721.1/63739 It takes t*\0333 to tango : trading coalitions in the Edgeworth process Fisher, Franklin M. The underscored character in the title transcription is a superscript on the title page 1987-01-01T00:00:00Z Inequality and institutions in 20th century America https://hdl.handle.net/1721.1/63738 Inequality and institutions in 20th century America Levy, Frank; Temin, Peter May 1, 2007. -- Revised: June 27, 2007 2007-01-01T00:00:00Z Internet retail demand : taxes, geography, and online-offline competition https://hdl.handle.net/1721.1/63737 Internet retail demand : taxes, geography, and online-offline competition Ellison, Glenn; Ellison, Sara Fisher April 28, 2006 2006-01-01T00:00:00Z Incomplete contracts and the theory of the firm https://hdl.handle.net/1721.1/63736 Incomplete contracts and the theory of the firm Hart, Oliver D. 1987-01-01T00:00:00Z Inequality, social discounting and estate taxation https://hdl.handle.net/1721.1/63735 Inequality, social discounting and estate taxation Farhi, Emmanuel; Werning, Ivn; Farhi, Emmanuel Rev. ed of: Inequality and social discounting (April 27,2005).; April 27, 2005, rev. May 23, 2005--t.p. -- First draft: June 2004, this version, April 2005--Abstract, p. 1 2005-01-01T00:00:00Z Installed base and compatibility : innovation, product preannouncements and predation https://hdl.handle.net/1721.1/63734 Installed base and compatibility : innovation, product preannouncements and predation Farrell, Joseph; Saloner, Garth 1986-01-01T00:00:00Z Institutions, restructuring, and macroeconomic performance https://hdl.handle.net/1721.1/63733 Institutions, restructuring, and macroeconomic performance Caballero, Ricardo J.; Hammour, Mohamad L. January 2000.; Revised draft: January 11, 2000--Abstract 2000-01-01T00:00:00Z The inconsistency of distributed lag estimators due to misspecification by time aggregation https://hdl.handle.net/1721.1/63732 The inconsistency of distributed lag estimators due to misspecification by time aggregation Engle, R. F. 1970-01-01T00:00:00Z Interest arbitration, outcomes, and the incentive to bargain : the role of risk preferences https://hdl.handle.net/1721.1/63731 Interest arbitration, outcomes, and the incentive to bargain : the role of risk preferences Farber, Henry S.; Katz, Harry Charles This is a preliminary draft 1977-01-01T00:00:00Z The influence of endogenous offer durations on bargaining https://hdl.handle.net/1721.1/63730 The influence of endogenous offer durations on bargaining Stahl, Dale O. 1986-01-01T00:00:00Z Is the price system or rationing more effective in getting a commodity to those who need it most? https://hdl.handle.net/1721.1/63729 Is the price system or rationing more effective in getting a commodity to those who need it most? Weitzman, Martin L. 1974-01-01T00:00:00Z Interview of Stanley Fischer https://hdl.handle.net/1721.1/63728 Interview of Stanley Fischer Blanchard, Olivier April 19, 2005 2005-01-01T00:00:00Z Incentives and the allocation of legal costs : products liability https://hdl.handle.net/1721.1/63727 Incentives and the allocation of legal costs : products liability Simon, Marilyn 1982-01-01T00:00:00Z Information dynamics and equilibrium multiplicity in global games of regime changes https://hdl.handle.net/1721.1/63726 Information dynamics and equilibrium multiplicity in global games of regime changes Angeletos, Marios; Hellwig, Christian; Pavan, Alessandro December 2004 2004-01-01T00:00:00Z Indeterminacy of relative prices in overlapping generations models https://hdl.handle.net/1721.1/63725 Indeterminacy of relative prices in overlapping generations models Kehoe, Timothy Jerome; Levine, David K. 1983-01-01T00:00:00Z Inflation and taxation with optimizing governments https://hdl.handle.net/1721.1/63724 Inflation and taxation with optimizing governments Poterba, James M.; Rotemberg, Julio Revised April 1989--p. [3] 1989-01-01T00:00:00Z Iterative methods for solving economic models. https://hdl.handle.net/1721.1/63723 Iterative methods for solving economic models. McGettigan, John Timothy 1967-01-01T00:00:00Z Institutional investors and stock market volatility https://hdl.handle.net/1721.1/63722 Institutional investors and stock market volatility Gabaix, Xavier; Gopikrishnan, Parameswaran; Plerou, Vasiliki; Stanley, H. Eugene Statement of responsibility on t.p. reads: Xavier Gabaix, Parameswaran Gopikrishnan, Vasiliki Plerou, H. Eugene Stanley; October 2, 2005. Revised: May 12, 2010 2010-01-01T00:00:00Z Increasing returns and unemployment equilibrium https://hdl.handle.net/1721.1/63721 Increasing returns and unemployment equilibrium Weitzman, Martin L. October 1981 1981-01-01T00:00:00Z Inference on quantile regression process : an alternative https://hdl.handle.net/1721.1/63720 Inference on quantile regression process : an alternative Chernozhukov, Victor February 2002 2002-01-01T00:00:00Z Incomplete information, higher order beliefs, and price inertia https://hdl.handle.net/1721.1/63719 Incomplete information, higher order beliefs, and price inertia Angeletos, Marios; La'O, Jennifer March 31, 2009 2009-01-01T00:00:00Z Inference for distributional effects using instrumental quantile regression https://hdl.handle.net/1721.1/63718 Inference for distributional effects using instrumental quantile regression Chernozhukov, Victor; Hansen, Christian Bailey May 16, 2002 2002-01-01T00:00:00Z International liquidity management : sterilization policy in illiquid financial markets https://hdl.handle.net/1721.1/63717 International liquidity management : sterilization policy in illiquid financial markets Caballero, Ricardo J.; Krishnamurthy, Arvind May, 2000; May 17, 2000--Added t.p; P. 2-46 numbered evenly 2000-01-01T00:00:00Z The internal organization of government https://hdl.handle.net/1721.1/63716 The internal organization of government Tirole, Jean March 1993 1993-01-01T00:00:00Z Inflation and markups : theories and evidence from the retail trade sector https://hdl.handle.net/1721.1/63715 Inflation and markups : theories and evidence from the retail trade sector Benabou, Roland Rev. Oct. 4, 1991 1991-01-01T00:00:00Z Individual income, incomplete information, and aggregate consumption https://hdl.handle.net/1721.1/63714 Individual income, incomplete information, and aggregate consumption Pischke, Jrn-Steffen December 1990, rev. November 1993--3rd prelim. p 1993-01-01T00:00:00Z Is literacy shared within households? : theory and evidence from Bangladesh https://hdl.handle.net/1721.1/63713 Is literacy shared within households? : theory and evidence from Bangladesh Basu, Kaushik; Narayan, Ambar; Ravallion, Martin Title from cover; October 2001; May, 2000; revised October,2001--Added t.p 2001-01-01T00:00:00Z Inequality and institutions in 20th century America https://hdl.handle.net/1721.1/63712 Inequality and institutions in 20th century America Levy, Frank; Temin, Peter May 1, 2007 2007-01-01T00:00:00Z Intertemporal separability in overlapping generations models https://hdl.handle.net/1721.1/63711 Intertemporal separability in overlapping generations models Kehoe, Timothy Jerome; Levine, David K. 1982-01-01T00:00:00Z Inequality and social discounting https://hdl.handle.net/1721.1/63710 Inequality and social discounting Farhi, Emmanuel; Werning, Ivn April 27, 2005-- t.p. -- First draft: June 2004, this version, April 2005--Abstract, p. 1 2005-01-01T00:00:00Z The impact of local government on intra-metropolitan location https://hdl.handle.net/1721.1/63709 The impact of local government on intra-metropolitan location Rothenberg, Jerome 1971-01-01T00:00:00Z Inter-asset differences in effective estate tax burdens https://hdl.handle.net/1721.1/63708 Inter-asset differences in effective estate tax burdens Poterba, James M. February 2003 2003-01-01T00:00:00Z Inflation and environmental concern: structural change in the process of public utility price regulation https://hdl.handle.net/1721.1/63707 Inflation and environmental concern: structural change in the process of public utility price regulation Joskow, Paul L. 1974-01-01T00:00:00Z Inequality and Growth : what can the data say? https://hdl.handle.net/1721.1/63706 Inequality and Growth : what can the data say? Banerjee, Abhijit V.; Duflo, Esther June 2000 2000-01-01T00:00:00Z Installed base and compatibility, with implications for product preannouncements https://hdl.handle.net/1721.1/63705 Installed base and compatibility, with implications for product preannouncements Farrell, Joseph; Saloner, Garth 1985-01-01T00:00:00Z Idiosyncratic sentiments and coordination failures https://hdl.handle.net/1721.1/63704 Idiosyncratic sentiments and coordination failures Angeletos, Marios Originally titled Private sunspots and idiosyncratic investor sentiment; April 16, 2008. Revised: Dec. 5, 2008 2008-01-01T00:00:00Z Issues in the specification of an econometric model of metropolitan growth, https://hdl.handle.net/1721.1/63703 Issues in the specification of an econometric model of metropolitan growth, Engle, R. F. 1973-01-01T00:00:00Z Information aggregation and equilibrium multiplicity : Morris-Shin meets Grossman-Stiglitz https://hdl.handle.net/1721.1/63702 Information aggregation and equilibrium multiplicity : Morris-Shin meets Grossman-Stiglitz Angeletos, Marios; Werning, Ivn February 2004 2004-01-01T00:00:00Z It takes t*\0333 to tango : trading coalition in the Edgeworth process https://hdl.handle.net/1721.1/63701 It takes t*\0333 to tango : trading coalition in the Edgeworth process Fisher, Franklin M. JEL no. 021; The character with a double underscore in the title appears as superscript on the title page 1988-01-01T00:00:00Z Improving estimates of monotone functions by rearrangement https://hdl.handle.net/1721.1/63700 Improving estimates of monotone functions by rearrangement Chernozhukov, Victor; Fernndez-Val, Ivn; Galichon, Alfred April 27, 2007 2007-01-01T00:00:00Z Informational herding and optimal experimentation https://hdl.handle.net/1721.1/63699 Informational herding and optimal experimentation Smith, Lones A.; Srensen, Peter Norman 1997-01-01T00:00:00Z The importance of permanent and transitory components : identification and some theoretical bounds https://hdl.handle.net/1721.1/63698 The importance of permanent and transitory components : identification and some theoretical bounds Quah, Danny May 1991 1991-01-01T00:00:00Z Incidence of an interest income tax, https://hdl.handle.net/1721.1/63697 Incidence of an interest income tax, Diamond, Peter A. 1967-01-01T00:00:00Z Inference on parameter sets in econometric models https://hdl.handle.net/1721.1/63696 Inference on parameter sets in econometric models Chernozhukov, Victor; Hong, Han; Tamer, Elie June 16, 2006. -- Date: Original version: May 2002. This version: June, 2004--p. 1 2006-01-01T00:00:00Z International and domestic collateral constraints in a model of emerging market crises https://hdl.handle.net/1721.1/63695 International and domestic collateral constraints in a model of emerging market crises Caballero, Ricardo J.; Krishnamurthy, Arvind September 2000; September 12, 2000--Added t.p 2000-01-01T00:00:00Z Intergenerational and international trade https://hdl.handle.net/1721.1/63694 Intergenerational and international trade Dornbusch, Rudiger 1984-01-01T00:00:00Z Hedonic cost functions for the trucking industry https://hdl.handle.net/1721.1/63691 Hedonic cost functions for the trucking industry Spady, Richard H.; Friedlaender, Ann Fetter This research was supported by DOT University Grant #DOT-OS-50239 1977-01-01T00:00:00Z How much should we trust differences-in-differences estimates? https://hdl.handle.net/1721.1/63690 How much should we trust differences-in-differences estimates? Bertrand, Marianne; Duflo, Esther; Mullainathan, Sendhil October 2001 2001-01-01T00:00:00Z The general equilibrium theory of effective protection and resource allocation, https://hdl.handle.net/1721.1/63689 The general equilibrium theory of effective protection and resource allocation, Bhagwati, Jagdish N. 1972-01-01T00:00:00Z Generic uniqueness and continuity of retionalizable strategies https://hdl.handle.net/1721.1/63688 Generic uniqueness and continuity of retionalizable strategies Yildiz, Muhamet May 6, 2005 2005-01-01T00:00:00Z Good jobs versus bad jobs : theory and some evidence https://hdl.handle.net/1721.1/63687 Good jobs versus bad jobs : theory and some evidence Acemoglu, Daron 1996-01-01T00:00:00Z Government domestic debt and the risk of default : a political-economic model of the strategic role of debt https://hdl.handle.net/1721.1/63686 Government domestic debt and the risk of default : a political-economic model of the strategic role of debt Aghion, Philippe; Bolton, Patrick 1989-01-01T00:00:00Z Hedging sudden stops & precautionary contractions https://hdl.handle.net/1721.1/63685 Hedging sudden stops & precautionary contractions Caballero, Ricardo J.; Panageas, Stavros May 26, 2003. -- Revised: November 28, 2005 2005-01-01T00:00:00Z Hierarchies and bureaucracies https://hdl.handle.net/1721.1/63684 Hierarchies and bureaucracies Tirole, Jean 1985-01-01T00:00:00Z Gradual incorporation of information : pharmaceutical stocks and the evolution of Clinton's healthcare reform Sara F. Ellison [and] Wallace P. Mullin. https://hdl.handle.net/1721.1/63683 Gradual incorporation of information : pharmaceutical stocks and the evolution of Clinton's healthcare reform Sara F. Ellison [and] Wallace P. Mullin. Ellison, Sara Fisher; Mullin, Wallace P. Title from cover; June 2000 2000-01-01T00:00:00Z A general equilibrium appraisal of energy policy in Mexico https://hdl.handle.net/1721.1/63682 A general equilibrium appraisal of energy policy in Mexico Kehoe, Timothy Jerome; Serra-Puche, Jaime 1983-01-01T00:00:00Z The general basis of arbitrator behavior : an empirical analysis of conventional and final-offer arbitration https://hdl.handle.net/1721.1/63681 The general basis of arbitrator behavior : an empirical analysis of conventional and final-offer arbitration Farber, Henry S.; Bazerman, Max H. 1984-01-01T00:00:00Z The growth in the Social Security disability rolls : a fiscal crisis unfolding https://hdl.handle.net/1721.1/63680 The growth in the Social Security disability rolls : a fiscal crisis unfolding Autor, David H.; Duggan, Mark G. July 28, 2006 2006-01-01T00:00:00Z Household behavior and the tax reform act of 1986 https://hdl.handle.net/1721.1/63679 Household behavior and the tax reform act of 1986 Hausman, Jerry A.; Poterba, James M. ...part of the NBER Program in Taxation 1986-01-01T00:00:00Z Growth theory through the lens of development economics https://hdl.handle.net/1721.1/63678 Growth theory through the lens of development economics Banerjee, Abhijit V.; Duflo, Esther December 2004 2004-01-01T00:00:00Z Growth, macroeconomics, and development https://hdl.handle.net/1721.1/63677 Growth, macroeconomics, and development Fischer, Stanley April 1991 1991-01-01T00:00:00Z How much does sorting increase inequality? https://hdl.handle.net/1721.1/63676 How much does sorting increase inequality? Kremer, Michael 1996-01-01T00:00:00Z Hedging sudden stops & precautionary recessions : a quantitative framework https://hdl.handle.net/1721.1/63675 Hedging sudden stops & precautionary recessions : a quantitative framework Caballero, Ricardo J.; Panageas, Stavros May 26, 2003 2003-01-01T00:00:00Z A General equilibrium analysis of the effects of carbon emission restrictions on economic growth in a developing country https://hdl.handle.net/1721.1/63674 A General equilibrium analysis of the effects of carbon emission restrictions on economic growth in a developing country Blitzer, Charles R. June 1990. -- January 1990. Rev: June 14, 1990.--P. 1 1990-01-01T00:00:00Z A general equilibrium model of domestic commerce in Mexico https://hdl.handle.net/1721.1/63673 A general equilibrium model of domestic commerce in Mexico Kehoe, Timothy Jerome; Serra-Puche, Jaime; Sols M., Leopoldo 1982-01-01T00:00:00Z How large are the social returns to education? : evidence from compulsory schooling laws https://hdl.handle.net/1721.1/63672 How large are the social returns to education? : evidence from compulsory schooling laws Acemoglu, Daron; Angrist, Joshua David October 1999; Page numbers for p. 29 to 43 are written by hand 1999-01-01T00:00:00Z A graphical depiction of the Rubinstein-Stahl bargaining solution https://hdl.handle.net/1721.1/63671 A graphical depiction of the Rubinstein-Stahl bargaining solution Smith, Lones A. 1997-01-01T00:00:00Z Gradual incorporation of information into stock prices : empirical strategies https://hdl.handle.net/1721.1/63670 Gradual incorporation of information into stock prices : empirical strategies Ellison, Sara Fisher; Mullin, Wallace P. 1997-01-01T00:00:00Z Horizontal mergers, entry, and efficient defences https://hdl.handle.net/1721.1/63668 Horizontal mergers, entry, and efficient defences Spector, David M. Title from cover; May 2001.; May 2001 (first draft: April 2001)--Abstract 2001-01-01T00:00:00Z Grandmothers and grandaughters : the effects of old age pension on child health in South Africa https://hdl.handle.net/1721.1/63667 Grandmothers and grandaughters : the effects of old age pension on child health in South Africa Duflo, Esther May 2000; March 2000--Added t.p 2000-01-01T00:00:00Z Human capital and the Indian pattern of foreign trade, https://hdl.handle.net/1721.1/63666 Human capital and the Indian pattern of foreign trade, Bhagwati, Jagdish N.; Bharadwaj, Ranganath 1970-01-01T00:00:00Z Health insurance availability and the retirement decision https://hdl.handle.net/1721.1/63665 Health insurance availability and the retirement decision Gruber, Jonathan; Madrian, Brigitte C. 1993-01-01T00:00:00Z Giving Credit where Credit is Due https://hdl.handle.net/1721.1/63664 Giving Credit where Credit is Due Banerjee, Abhijit V.; Duflo, Esther March 12, 2010 2010-01-01T00:00:00Z Holdups and efficiency with search frictions https://hdl.handle.net/1721.1/63663 Holdups and efficiency with search frictions Acemoglu, Daron; Shimer, Robert September 1998 1998-01-01T00:00:00Z History, institutions and economic performance : the legacy of colonial land tenure systems in India https://hdl.handle.net/1721.1/63662 History, institutions and economic performance : the legacy of colonial land tenure systems in India Banerjee, Abhijit V.; Lakshmi Iyer June 2002 2002-01-01T00:00:00Z Hysteresis and the European unemployment problem https://hdl.handle.net/1721.1/63661 Hysteresis and the European unemployment problem Blanchard, Olivier; Summers, Lawrence H. 1986-01-01T00:00:00Z How burdensome are capital gains taxes? https://hdl.handle.net/1721.1/63660 How burdensome are capital gains taxes? Poterba, James M. August 1985, Revised February 1986 1986-01-01T00:00:00Z Heterogeneity, stratification and growth https://hdl.handle.net/1721.1/63659 Heterogeneity, stratification and growth Benabou, Roland 1992-01-01T00:00:00Z Government intervention in production and incentives theory : a review of recent contributions https://hdl.handle.net/1721.1/63658 Government intervention in production and incentives theory : a review of recent contributions Caillaud, Bernard 1988-01-01T00:00:00Z Horizontal mergers and antitrust policy https://hdl.handle.net/1721.1/63657 Horizontal mergers and antitrust policy Fisher, Franklin M. Draft January 1987.-- p. 1 1987-01-01T00:00:00Z Growth and welfare losses from carbon emissions restrictions : a general equilibrium analysis for Egypt https://hdl.handle.net/1721.1/63656 Growth and welfare losses from carbon emissions restrictions : a general equilibrium analysis for Egypt Blitzer, Charles R. 1991-01-01T00:00:00Z How effective is potential competition? https://hdl.handle.net/1721.1/63655 How effective is potential competition? Farrell, Joseph May 1985; November 1984. Telecommunications Research Laboratory, GTE Laboratories Incorporated--p. [3]; TN 84-407.2 1985-01-01T00:00:00Z The generalized theory of distortions and welfare, https://hdl.handle.net/1721.1/63654 The generalized theory of distortions and welfare, Bhagwati, Jagdish N. 1969-01-01T00:00:00Z Galton's fallacy and tests of the convergence hypothesis https://hdl.handle.net/1721.1/63653 Galton's fallacy and tests of the convergence hypothesis Quah, Danny May 1990. -- 10 May 1990.--3rd prelim. page 1990-01-01T00:00:00Z A global equilibrium model of sudden stops and external liquidity management https://hdl.handle.net/1721.1/63652 A global equilibrium model of sudden stops and external liquidity management Caballero, Ricardo J.; Panageas, Stavros September 7, 2007 2007-01-01T00:00:00Z Geographic concentration in U.S. Manufacturing industries : a dartboard approach https://hdl.handle.net/1721.1/63651 Geographic concentration in U.S. Manufacturing industries : a dartboard approach Ellison, Glenn; Glaeser, Edward L. 1994-01-01T00:00:00Z From education to democracy? https://hdl.handle.net/1721.1/63650 From education to democracy? Acemoglu, Daron December 15, 2004 2004-01-01T00:00:00Z Future rent-seeking and current public savings https://hdl.handle.net/1721.1/63649 Future rent-seeking and current public savings Caballero, Ricardo J. October 9, 2008 2008-01-01T00:00:00Z Formal and real authority in organizations https://hdl.handle.net/1721.1/63648 Formal and real authority in organizations Aghion, Philippe; Tirole, Jean 1994-01-01T00:00:00Z Formal and real authority in organizations https://hdl.handle.net/1721.1/63647 Formal and real authority in organizations Aghion, Philippe; Tirole, Jean 1994-01-01T00:00:00Z Fixed costs : the demise of marginal q https://hdl.handle.net/1721.1/63646 Fixed costs : the demise of marginal q Caballero, Ricardo J.; Leahy, John Vincent 1996-01-01T00:00:00Z Financial frictions investment and Tobin's q https://hdl.handle.net/1721.1/63645 Financial frictions investment and Tobin's q Lorenzoni, Guido; Walentin, Karl April 25, 2007 2007-01-01T00:00:00Z Federalism with and without political centralization : China versus Russia https://hdl.handle.net/1721.1/63644 Federalism with and without political centralization : China versus Russia Blanchard, Olivier; Shleifer, Andrei July 2000; February 15, 2000--Added t.p 2000-01-01T00:00:00Z Funding criteria for research, development, and exploration projects https://hdl.handle.net/1721.1/63643 Funding criteria for research, development, and exploration projects Roberts, Kevin W. S.; Weitzman, Martin L. 1979-01-01T00:00:00Z Fiscal increasing returns, hysteresis, real wages and unemployment https://hdl.handle.net/1721.1/63642 Fiscal increasing returns, hysteresis, real wages and unemployment Blanchard, Olivier; Summers, Lawrence H. 1986-01-01T00:00:00Z Flight to quality and collective risk management https://hdl.handle.net/1721.1/63641 Flight to quality and collective risk management Caballero, Ricardo J.; Krishnamurthy, Arvind March 15, 2006 2006-01-01T00:00:00Z Financial integration without the volatility https://hdl.handle.net/1721.1/63640 Financial integration without the volatility Caballero, Ricardo J.; Cowan, Kevin May 15, 2007 2007-01-01T00:00:00Z Flexible simulated moment estimation of nonlinear errors-in-variables models https://hdl.handle.net/1721.1/63639 Flexible simulated moment estimation of nonlinear errors-in-variables models Newey, Whitney K. October 1989, Revised November 1993 1993-01-01T00:00:00Z Factor prices and technical change : from induced innovations to recent debates https://hdl.handle.net/1721.1/63638 Factor prices and technical change : from induced innovations to recent debates Acemoglu, Daron Title from cover; October 2001 2001-01-01T00:00:00Z Foreign ownership and the theory of trade and welfare https://hdl.handle.net/1721.1/63637 Foreign ownership and the theory of trade and welfare Bhagwati, Jagdish N.; Brecher, Richard A. 1979-01-01T00:00:00Z Finite player approximations to a continuum of players https://hdl.handle.net/1721.1/63636 Finite player approximations to a continuum of players Fudenberg, Drew; Levine, David K. August 1986, Revised: January 1987 1987-01-01T00:00:00Z Four formal(izable) theories of the firm? https://hdl.handle.net/1721.1/63635 Four formal(izable) theories of the firm? Gibbons, Robert September 16, 2004 2004-01-01T00:00:00Z The Folk Theorem with imperfect public information https://hdl.handle.net/1721.1/63634 The Folk Theorem with imperfect public information Fudenberg, Drew; Levine, David K.; Maskin, Eric 1989-01-01T00:00:00Z The formation of economic magnitudes : disequilibrium and stability https://hdl.handle.net/1721.1/63633 The formation of economic magnitudes : disequilibrium and stability Fisher, Franklin M. 1986-01-01T00:00:00Z Folk theorems--two-dimensionality is (almost) enough https://hdl.handle.net/1721.1/63632 Folk theorems--two-dimensionality is (almost) enough Smith, Lones A. Original version: Oct 8, 1990; current version: January 22, 1992.--3rd preliminary p 1992-01-01T00:00:00Z Fear of sudden stops : lessons from Australia & Chile https://hdl.handle.net/1721.1/63631 Fear of sudden stops : lessons from Australia & Chile Caballero, Ricardo J.; Cowan, Kevin; Kearns, Jonathan May 2004 2004-01-01T00:00:00Z Ferreting out tunneling : an application to Indian business groups https://hdl.handle.net/1721.1/63630 Ferreting out tunneling : an application to Indian business groups Bertrand, Marianne; Mehta, Paras Praful; Mullainathan, Sendhil September 2000 2000-01-01T00:00:00Z Fiscal dominance and inflation targeting : lessons from Brazil https://hdl.handle.net/1721.1/63629 Fiscal dominance and inflation targeting : lessons from Brazil Blanchard, Olivier March 15, 2004 2004-01-01T00:00:00Z Federal training programs for dispersed employment occupations, https://hdl.handle.net/1721.1/63628 Federal training programs for dispersed employment occupations, Taylor, David P.; Piore, Michael J. 1969-01-01T00:00:00Z Folk theorems for repeated games : a NEU condition https://hdl.handle.net/1721.1/63627 Folk theorems for repeated games : a NEU condition Abreu, Dilip; Dutta, Prajit K.; Smith, Lones A. 1992-01-01T00:00:00Z The future of the U.S. nuclear energy industry https://hdl.handle.net/1721.1/63626 The future of the U.S. nuclear energy industry Joskow, Paul L.; Baughman, Martin L. 1975-01-01T00:00:00Z Fire sales in a model of complexity https://hdl.handle.net/1721.1/63625 Fire sales in a model of complexity Caballero, Ricardo J.; Simsek, Alp October 28, 2009 2009-01-01T00:00:00Z The formation of financial centers: a study in comparative economic history https://hdl.handle.net/1721.1/63624 The formation of financial centers: a study in comparative economic history Kindleberger, Charles Poor 1973-01-01T00:00:00Z Free land and federalism : American economic exceptionalism https://hdl.handle.net/1721.1/63623 Free land and federalism : American economic exceptionalism Temin, Peter 1988-01-01T00:00:00Z Fiscal policy and financial depth https://hdl.handle.net/1721.1/63622 Fiscal policy and financial depth Caballero, Ricardo J.; Krishnamurthy, Arvind May 3, 2004 2004-01-01T00:00:00Z Fair rates and rates of return in a deregulated rail industry https://hdl.handle.net/1721.1/63621 Fair rates and rates of return in a deregulated rail industry Friedlaender, Ann Fetter March 1991 1991-01-01T00:00:00Z Fairness and redistribution : U.S. versus Europe https://hdl.handle.net/1721.1/63620 Fairness and redistribution : U.S. versus Europe Alesina, Alberto; Angeletos, Marios First draft: October 2002. Revised: January 2003 2003-01-01T00:00:00Z Fiscal policy, interest rates, and exchange rates: some simple analytics https://hdl.handle.net/1721.1/63619 Fiscal policy, interest rates, and exchange rates: some simple analytics Krugman, Paul R. August 1985 1985-01-01T00:00:00Z Financial integration without the volatility https://hdl.handle.net/1721.1/63618 Financial integration without the volatility Caballero, Ricardo J.; Cowan, Kevin November 27, 2006 2006-01-01T00:00:00Z The folk theorem for repeated games https://hdl.handle.net/1721.1/63617 The folk theorem for repeated games Abreu, Dilip; Dutta, Prajit K.; Smith, Lones A. 93-19 (92-15 Rev.) 1993-01-01T00:00:00Z Fragility of asymptotic agreement under Bayesian learning https://hdl.handle.net/1721.1/63616 Fragility of asymptotic agreement under Bayesian learning Acemoglu, Daron; Chernozhukov, Victor; Yildiz, Muhamet March 15, 2008 2008-01-01T00:00:00Z Finite lifetimes and the effects of budget deficits on national savings https://hdl.handle.net/1721.1/63615 Finite lifetimes and the effects of budget deficits on national savings Poterba, James M.; Summers, Lawrence H.; Poterba, James M.; Summers, Lawrence H. Also published as: Finite lifetimes and the crowding out effect of budget deficits 1986-01-01T00:00:00Z Fiscal disparities in a metropolitan area: the public policy perspective, https://hdl.handle.net/1721.1/63614 Fiscal disparities in a metropolitan area: the public policy perspective, Rothenberg, Jerome 1970-01-01T00:00:00Z Flexible simulated moment estimation of nonlinear errors-in-variables models https://hdl.handle.net/1721.1/63613 Flexible simulated moment estimation of nonlinear errors-in-variables models Newey, Whitney K. February 1999 1999-01-01T00:00:00Z Finite sample inference for quantile regression models https://hdl.handle.net/1721.1/63612 Finite sample inference for quantile regression models Chernozhukov, Victor; Hansen, Christian Bailey; Jansson, Michael January 31, 2006 2006-01-01T00:00:00Z The folk theorem in repeated games with discounting and with incomplete information https://hdl.handle.net/1721.1/63611 The folk theorem in repeated games with discounting and with incomplete information Fudenberg, Drew; Maskin, Eric October 1983 1984-01-01T00:00:00Z The form of property rights : oligarchic vs. democratic societies https://hdl.handle.net/1721.1/63610 The form of property rights : oligarchic vs. democratic societies Acemoglu, Daron September, 28, 2003 2003-01-01T00:00:00Z Financial intermediation in the early Roman Empire https://hdl.handle.net/1721.1/63609 Financial intermediation in the early Roman Empire Temin, Peter October 2002 2002-01-01T00:00:00Z The future of the IMF https://hdl.handle.net/1721.1/63608 The future of the IMF Caballero, Ricardo J. January 7, 2003 2003-01-01T00:00:00Z Finite-order implications of any equilibrium https://hdl.handle.net/1721.1/63607 Finite-order implications of any equilibrium Weinstein, Jonathan; Yildiz, Muhamet February 6, 2004 2004-01-01T00:00:00Z Financial intermediation, loanable funds and the real sector https://hdl.handle.net/1721.1/63606 Financial intermediation, loanable funds and the real sector Holmstrm, Bengt; Tirole, Jean 1994-01-01T00:00:00Z Financial system risk and flight to quality https://hdl.handle.net/1721.1/63605 Financial system risk and flight to quality Caballero, Ricardo J.; Krishnamurthy, Arvind November 21, 2005--Cover 2005-01-01T00:00:00Z The effect of taxes on labor supply https://hdl.handle.net/1721.1/63596 The effect of taxes on labor supply Hausman, Jerry A. 1980-01-01T00:00:00Z Endogenous city-suburb governmental rivalry through household location https://hdl.handle.net/1721.1/63595 Endogenous city-suburb governmental rivalry through household location Rothenberg, Jerome 1976-01-01T00:00:00Z The effects of taxation on labor supply : evaluating the Gary negative income tax experiment https://hdl.handle.net/1721.1/63594 The effects of taxation on labor supply : evaluating the Gary negative income tax experiment Burtless, Gary T.; Hausman, Jerry A. 1977-01-01T00:00:00Z Elephants https://hdl.handle.net/1721.1/63593 Elephants Kremer, Michael; Morcom, Charles 1996-01-01T00:00:00Z An equilibrium analysis of search and breach of contract, II : a non-steady state example https://hdl.handle.net/1721.1/63592 An equilibrium analysis of search and breach of contract, II : a non-steady state example Diamond, Peter A.; Maskin, Eric 1979-01-01T00:00:00Z Emergence and persistence of inefficient states https://hdl.handle.net/1721.1/63591 Emergence and persistence of inefficient states Acemoglu, Daron; Ticchi, Davide; Vindigni, Andrea November 27, 2006 2006-01-01T00:00:00Z The effects of learning by doing on nuclear plant operating reliability https://hdl.handle.net/1721.1/63590 The effects of learning by doing on nuclear plant operating reliability Joskow, Paul L.; Rozanski, George A. 1977-01-01T00:00:00Z The evolution of the modern pharmaceutical industry https://hdl.handle.net/1721.1/63589 The evolution of the modern pharmaceutical industry Temin, Peter 1978-01-01T00:00:00Z The Economics of labor coercion https://hdl.handle.net/1721.1/63588 The Economics of labor coercion Acemoglu, Daron; Wolitzky, Alexander November 29, 2009 2009-01-01T00:00:00Z The economics of property taxes and land values, https://hdl.handle.net/1721.1/63587 The economics of property taxes and land values, Grieson, Ronald E. 1971-01-01T00:00:00Z The end of one big deflation https://hdl.handle.net/1721.1/63586 The end of one big deflation Temin, Peter; Wigmore, Barrie A. 1988-01-01T00:00:00Z Exports and success in German manufacturing https://hdl.handle.net/1721.1/63585 Exports and success in German manufacturing Bernard, Andrew B.; Wagner, Joachim 1996-01-01T00:00:00Z The existence of subgame-perfect equilibrium in games with simultaneous moves https://hdl.handle.net/1721.1/63584 The existence of subgame-perfect equilibrium in games with simultaneous moves Harris, Christopher 1990-01-01T00:00:00Z Efficient wage dispersion https://hdl.handle.net/1721.1/63583 Efficient wage dispersion Acemoglu, Daron; Shimer, Robert 1997-01-01T00:00:00Z The educational opportunity bank : an economic analysis of a contingent repayment loan program for higher education https://hdl.handle.net/1721.1/63582 The educational opportunity bank : an economic analysis of a contingent repayment loan program for higher education Shell, Karl; Behr, James J.; Fischer, Stanley; Mosenson, Ran D. 1967-01-01T00:00:00Z Estimation of limited-dependent variable models with dummy endogenous regressors : simple strategies for empirical practice https://hdl.handle.net/1721.1/63581 Estimation of limited-dependent variable models with dummy endogenous regressors : simple strategies for empirical practice Angrist, Joshua David November, 1999 1999-01-01T00:00:00Z Estimating the long-run user cost elasticity https://hdl.handle.net/1721.1/63580 Estimating the long-run user cost elasticity Schaller, Huntley July 19, 2002 2002-01-01T00:00:00Z Explaining the relative efficiency of slave agriculture in the antebellum South : comment https://hdl.handle.net/1721.1/63579 Explaining the relative efficiency of slave agriculture in the antebellum South : comment David, Paul A.; Temin, Peter 1977-01-01T00:00:00Z Efficiency effects of punitive damages https://hdl.handle.net/1721.1/63578 Efficiency effects of punitive damages Diamond, Peter A. 1997-01-01T00:00:00Z Explaining investment dynamics in U.S. manufacturing : a generalized (S,s) approach https://hdl.handle.net/1721.1/63577 Explaining investment dynamics in U.S. manufacturing : a generalized (S,s) approach Caballero, Ricardo J.; Engel, Eduardo 1994-01-01T00:00:00Z Equilibrium payoffs with long-run and short-run players and imperfect public information https://hdl.handle.net/1721.1/63576 Equilibrium payoffs with long-run and short-run players and imperfect public information Fudenberg, Drew; Levine, David K. 1989-01-01T00:00:00Z Emerging market chrises : an asset markets perspective https://hdl.handle.net/1721.1/63575 Emerging market chrises : an asset markets perspective Caballero, Ricardo J.; Krishnamurthy, Arvind Additional author listed in caption title on p. 1: Arvind Krishnamurthy; October, 1998--t.p. -- This draft: Novebmer 5, 1998--P. 1 1998-01-01T00:00:00Z Education, income distribution, and growth : the local connection https://hdl.handle.net/1721.1/63574 Education, income distribution, and growth : the local connection Benabou, Roland 1994-01-01T00:00:00Z Empowerment and efficiency : the economics of agrarian reform https://hdl.handle.net/1721.1/63573 Empowerment and efficiency : the economics of agrarian reform Banerjee, Abhijit V.; Gertler, Paul; Ghatak, Maireesh October, 1998 1998-01-01T00:00:00Z The effects of economic regulation https://hdl.handle.net/1721.1/63572 The effects of economic regulation Joskow, Paul L.; Rose, Nancy L. 1987-01-01T00:00:00Z Equity and time to sale in the real estate market https://hdl.handle.net/1721.1/63571 Equity and time to sale in the real estate market Genesove, David; Mayer, Christopher J. 1993-01-01T00:00:00Z An economy wide energy model for Egypt https://hdl.handle.net/1721.1/63570 An economy wide energy model for Egypt Blitzer, Charles R.; Eckaus, Richard S.; Lahiri, Sajal 1989-01-01T00:00:00Z Empirical structural evidence on wages, prices and employment in the US https://hdl.handle.net/1721.1/63569 Empirical structural evidence on wages, prices and employment in the US Blanchard, Olivier 1986-01-01T00:00:00Z Efficient wage dispersion https://hdl.handle.net/1721.1/63568 Efficient wage dispersion Acemoglu, Daron; Shimer, Robert 1996-01-01T00:00:00Z The economics of rotating savings and credit associations https://hdl.handle.net/1721.1/63567 The economics of rotating savings and credit associations Besley, Timothy; Coate, Stephen; Loury, Glenn C. May 1990 1990-01-01T00:00:00Z Educational policy and the economics of the family https://hdl.handle.net/1721.1/63566 Educational policy and the economics of the family Banerjee, Abhijit V. November 2002 2002-01-01T00:00:00Z Efficiency of weighted average derivative estimators and index models https://hdl.handle.net/1721.1/63565 Efficiency of weighted average derivative estimators and index models Newey, Whitney K.; Stoker, Thomas M. June 1988, revised April 1992 1992-01-01T00:00:00Z Equilibrium without an auctioneer https://hdl.handle.net/1721.1/63564 Equilibrium without an auctioneer Diamond, Peter A. September 1985 1985-01-01T00:00:00Z The evolution of public sector bargaining laws https://hdl.handle.net/1721.1/63563 The evolution of public sector bargaining laws Farber, Henry S. August 1986, Revised: August 1987 1987-01-01T00:00:00Z Evolving standards for academic publishing : a q-r theory https://hdl.handle.net/1721.1/63562 Evolving standards for academic publishing : a q-r theory Ellison, Glenn July 2000; June 2000--Added t.p 2000-01-01T00:00:00Z Exchange traded funds : a new investment option for taxable investors https://hdl.handle.net/1721.1/63561 Exchange traded funds : a new investment option for taxable investors Poterba, James M.; Shoven, John B. January 2002 2002-01-01T00:00:00Z Exporters, skill upgrading, and the wage gap https://hdl.handle.net/1721.1/63560 Exporters, skill upgrading, and the wage gap Bernard, Andrew B.; Jensen, J. Bradford 1994-01-01T00:00:00Z Efficiency and welfare with complementaries & asymmetric information https://hdl.handle.net/1721.1/63559 Efficiency and welfare with complementaries & asymmetric information Angeletos, Marios; Pavan, Alessandro October 31, 2005--Cover 2005-01-01T00:00:00Z The effect of a proportional subsidy or a tax on the quality and quantity of output https://hdl.handle.net/1721.1/63558 The effect of a proportional subsidy or a tax on the quality and quantity of output Domar, Evsey D. 1975-01-01T00:00:00Z Estimating multiple breaks one at a time https://hdl.handle.net/1721.1/63557 Estimating multiple breaks one at a time Bai, Jushan 1995-01-01T00:00:00Z Economic criteria for foreign aid, https://hdl.handle.net/1721.1/63556 Economic criteria for foreign aid, Eckaus, Richard S. 1968-01-01T00:00:00Z Exceptional exporter performance : cause, effect, or both? https://hdl.handle.net/1721.1/63555 Exceptional exporter performance : cause, effect, or both? Bernard, Andrew B. 1997-01-01T00:00:00Z Equilibrium and disequilibrium exchange rates https://hdl.handle.net/1721.1/63554 Equilibrium and disequilibrium exchange rates Dornbusch, Rudiger 1982-01-01T00:00:00Z Exchange rate volatility and the cedit channel in emerging markets : a vertical perspective https://hdl.handle.net/1721.1/63553 Exchange rate volatility and the cedit channel in emerging markets : a vertical perspective Caballero, Ricardo J.; Krishnamurthy, Arvind May 12, 2004 2004-01-01T00:00:00Z An equilibrium analysis of search and breach of contract, I https://hdl.handle.net/1721.1/63552 An equilibrium analysis of search and breach of contract, I Diamond, Peter A.; Maskin, Eric 1978-01-01T00:00:00Z Episodes in the public debt history of the United States https://hdl.handle.net/1721.1/63551 Episodes in the public debt history of the United States Brown, E. Cary Prepared for the conference on Capital Markets and Debt Management of the Italian Macroeconomic Policy Group and the Centre for Economic Policy Research, Castelgondolfo, Italy, June 15-17, 1989.--p. [1] 1989-01-01T00:00:00Z Excess capacity as a policing device https://hdl.handle.net/1721.1/63550 Excess capacity as a policing device Saloner, Garth 1984-01-01T00:00:00Z The estimation of complete aggregation structures https://hdl.handle.net/1721.1/63549 The estimation of complete aggregation structures Powell, James; Stoker, Thomas M. 1984-01-01T00:00:00Z The effects of competition and regulation on hospital bed supply and the reservation quality of the hospital https://hdl.handle.net/1721.1/63548 The effects of competition and regulation on hospital bed supply and the reservation quality of the hospital Joskow, Paul L. 1979-01-01T00:00:00Z Economic effect of television-network program "Ownership", https://hdl.handle.net/1721.1/63547 Economic effect of television-network program "Ownership", Crandall, Robert W. 1970-01-01T00:00:00Z Economic equilibrium with costly marketing, https://hdl.handle.net/1721.1/63546 Economic equilibrium with costly marketing, Foley, Duncan K. 1970-01-01T00:00:00Z Estimation and confidence regions for parameter sets in econometric models https://hdl.handle.net/1721.1/63545 Estimation and confidence regions for parameter sets in econometric models Chernozhukov, Victor; Hong, Han; Tamer, Elie Earlier version: June 16, 2004; Revision: June 22, 2006; Previously called Inference on parameter sets in economic modes, [SSRN] id# 909625 2006-01-01T00:00:00Z Early impacts of Proposition 2 1/2 on Massachusetts state-local public sector https://hdl.handle.net/1721.1/63544 Early impacts of Proposition 2 1/2 on Massachusetts state-local public sector Rothenberg, Jerome; Smoke, Paul J. 1983-01-01T00:00:00Z Emerging market crises : an asset markets perspective https://hdl.handle.net/1721.1/63543 Emerging market crises : an asset markets perspective Caballero, Ricardo J.; Krishnamurthy, Arvind October, 1999 1999-01-01T00:00:00Z Effects of construction labor migration on the Egyptian economy/ https://hdl.handle.net/1721.1/63542 Effects of construction labor migration on the Egyptian economy/ Eckaus, Richard S. 1979-01-01T00:00:00Z The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather https://hdl.handle.net/1721.1/63541 The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather Deschnes, Olivier; Greenstone, Michael July 2004 2004-01-01T00:00:00Z Economic reform and the opening of the Chinese economy to international trade and finance https://hdl.handle.net/1721.1/63540 Economic reform and the opening of the Chinese economy to international trade and finance Eckaus, Richard S. 1995-01-01T00:00:00Z Executive compensation and incentives : the impact of takeover legislation https://hdl.handle.net/1721.1/63539 Executive compensation and incentives : the impact of takeover legislation Mullainathan, Sendhil; Bertrand, Marianne October, 1998 1998-01-01T00:00:00Z The economic future of Europe https://hdl.handle.net/1721.1/63538 The economic future of Europe Blanchard, Olivier February 1, 2004 2004-01-01T00:00:00Z Economic issues in standardization https://hdl.handle.net/1721.1/63537 Economic issues in standardization Farrell, Joseph; Saloner, Garth October 1985 1985-01-01T00:00:00Z The existence of aggregate production functions, https://hdl.handle.net/1721.1/63536 The existence of aggregate production functions, Fisher, Franklin M. 1968-01-01T00:00:00Z Expectations and monetary policy in an open economy : should Canada follow U.S. interest rates ? https://hdl.handle.net/1721.1/63535 Expectations and monetary policy in an open economy : should Canada follow U.S. interest rates ? Sparks, Gordon R. 1982-01-01T00:00:00Z Economic backwardness in political perspective https://hdl.handle.net/1721.1/63534 Economic backwardness in political perspective Acemoglu, Daron; Robinson, James A. February 2002.; First version: December 2000. Current version: February 2002--Abstract 2002-01-01T00:00:00Z Evolution of perceptions and play https://hdl.handle.net/1721.1/63533 Evolution of perceptions and play Acemoglu, Daron; Yildiz, Muhamet June 2001 2001-01-01T00:00:00Z Efficient IV estimation for autoregressive models with conditional heterogeneity https://hdl.handle.net/1721.1/63532 Efficient IV estimation for autoregressive models with conditional heterogeneity Kuersteiner, Guido M. March 1999 1999-01-01T00:00:00Z An equilibrium model of "global imbalances" and low interest rates https://hdl.handle.net/1721.1/63531 An equilibrium model of "global imbalances" and low interest rates Caballero, Ricardo J.; Farhi, Emmanuel; Gourinchas, Pierre-Olivier January 14, 2006 2006-01-01T00:00:00Z An exposition of optimal growth, based on a dynamic Fisherine diagram. https://hdl.handle.net/1721.1/63530 An exposition of optimal growth, based on a dynamic Fisherine diagram. Liviatan, Nissan 1969-01-01T00:00:00Z Empirical implications of equilibrium bidding in first-price, symmetric, common value auctions https://hdl.handle.net/1721.1/63529 Empirical implications of equilibrium bidding in first-price, symmetric, common value auctions Hendricks, Kenneth; Pinkse, Joris; Porter, Robert H. October, 1999; August, 1999--Added t.p 1999-01-01T00:00:00Z Equilibrium bias of technology https://hdl.handle.net/1721.1/63528 Equilibrium bias of technology Acemoglu, Daron November 25, 2005--Cover 2005-01-01T00:00:00Z Exporters, jobs and wages in U.S. manufacturing, 1976-1987 https://hdl.handle.net/1721.1/63527 Exporters, jobs and wages in U.S. manufacturing, 1976-1987 Bernard, Andrew B.; Jensen, J. Bradford 1994-01-01T00:00:00Z European unemployment : the evolution of facts and ideas https://hdl.handle.net/1721.1/63526 European unemployment : the evolution of facts and ideas Blanchard, Olivier October 10, 2005 2005-01-01T00:00:00Z Entrepreneurship and economic development https://hdl.handle.net/1721.1/63525 Entrepreneurship and economic development Harris, John Rees 1971-01-01T00:00:00Z The efficiency of a group-specific mandated benefit : evidence from health insurance benefits for maternity https://hdl.handle.net/1721.1/63524 The efficiency of a group-specific mandated benefit : evidence from health insurance benefits for maternity Gruber, Jonathan 1992-01-01T00:00:00Z Efficiency pricing, tenancy rental control and monopolistic landlords https://hdl.handle.net/1721.1/63523 Efficiency pricing, tenancy rental control and monopolistic landlords Basu, Kaushik; Emerson, Patrick Title from cover; October 2001 2001-01-01T00:00:00Z Efficient estimation and identification of simultaneous equation models with covariance restrictions https://hdl.handle.net/1721.1/63522 Efficient estimation and identification of simultaneous equation models with covariance restrictions Hausman, Jerry A.; Newey, Whitney K.; Taylor, William E. This paper is a revision of an earlier version presented at the European Econometric Meetings, 1982 1985-01-01T00:00:00Z Empirical strategies in labor economics https://hdl.handle.net/1721.1/63521 Empirical strategies in labor economics Angrist, Joshua David; Krueger, Alan B. October, 1998 1998-01-01T00:00:00Z Economic aspects of optimal disability benefits https://hdl.handle.net/1721.1/63520 Economic aspects of optimal disability benefits Diamond, Peter A.; Sheshinski, Eytan First draft 1-84; Second draft 1-92 1992-01-01T00:00:00Z The economic effects of dividend taxation https://hdl.handle.net/1721.1/63519 The economic effects of dividend taxation Poterba, James M.; Summers, Lawrence H. 1984-01-01T00:00:00Z The economics of bankruptcy reform https://hdl.handle.net/1721.1/63518 The economics of bankruptcy reform Aghion, Philippe; Hart, Oliver D.; Moore, John February 1992, revised May 1992 1992-01-01T00:00:00Z Economic analysis in an anthropological setting: some methodological considerations, https://hdl.handle.net/1721.1/63517 Economic analysis in an anthropological setting: some methodological considerations, Edel, Matthew 1968-01-01T00:00:00Z Estimating and testing linear models with multiple structural changes https://hdl.handle.net/1721.1/63516 Estimating and testing linear models with multiple structural changes Bai, Jushan; Perron, Pierre 1995-01-01T00:00:00Z Environmental policy making : act now or wait for more information? https://hdl.handle.net/1721.1/63515 Environmental policy making : act now or wait for more information? Harris, Jeffrey E. 1988-01-01T00:00:00Z An essay on aggregation theory and practices, https://hdl.handle.net/1721.1/63514 An essay on aggregation theory and practices, Kuh, Edwin 1969-01-01T00:00:00Z Experimentation, patents, and innovation https://hdl.handle.net/1721.1/63513 Experimentation, patents, and innovation Acemoglu, Daron; Bimpikis, Kostas; Ozdaglar, Asuman E. October 8, 2008 2008-01-01T00:00:00Z Extremal quantities and value-at-risk https://hdl.handle.net/1721.1/63512 Extremal quantities and value-at-risk Chernozhukov, Victor; Du, Songzi May 24, 2006 2006-01-01T00:00:00Z Estimation of structural change based on Wald-type statistics https://hdl.handle.net/1721.1/63511 Estimation of structural change based on Wald-type statistics Bai, Jushan 1993-01-01T00:00:00Z Excessive dollar debt : financial development and underinsurance https://hdl.handle.net/1721.1/63510 Excessive dollar debt : financial development and underinsurance Caballero, Ricardo J.; Krishnamurthy, Arvind March 2002.; March 1, 2002--Abstract 2002-01-01T00:00:00Z Efficiency and observability with long-run and short-run players https://hdl.handle.net/1721.1/63509 Efficiency and observability with long-run and short-run players Fudenberg, Drew; Levine, David K. 1991-01-01T00:00:00Z European unemployment : the evolution of facts and ideas https://hdl.handle.net/1721.1/63508 European unemployment : the evolution of facts and ideas Blanchard, Olivier October 10, 2005. -- Revised: November 5, 2005 2005-01-01T00:00:00Z The effect of wages, taxes, and fixed costs of women's labor force participation https://hdl.handle.net/1721.1/63507 The effect of wages, taxes, and fixed costs of women's labor force participation Hausman, Jerry A. 1979-01-01T00:00:00Z The economic returns to schooling in the West Bank and Gaza strip https://hdl.handle.net/1721.1/63506 The economic returns to schooling in the West Bank and Gaza strip Angrist, Joshua David Revised: February 1995 1995-01-01T00:00:00Z Efficient unemployment insurance https://hdl.handle.net/1721.1/63505 Efficient unemployment insurance Acemoglu, Daron; Shimer, Robert 1997-01-01T00:00:00Z Explaining cooperation and commitment in repeated games https://hdl.handle.net/1721.1/63504 Explaining cooperation and commitment in repeated games Fudenberg, Drew 1991-01-01T00:00:00Z Effective labor regulation and microeconomics flexibility https://hdl.handle.net/1721.1/63503 Effective labor regulation and microeconomics flexibility Caballero, Ricardo J. Statement of responsibility reads: Ricardo J. Caballero, Kevin N. Cowan, Eduardo M.R.A. Engel and Alejandro Micco; August 1, 2004 2004-01-01T00:00:00Z Exchange rate dynamics https://hdl.handle.net/1721.1/63502 Exchange rate dynamics Dornbusch, Rudiger 1975-01-01T00:00:00Z The economics of congestion and pollution: an integrated view, https://hdl.handle.net/1721.1/63501 The economics of congestion and pollution: an integrated view, Rothenberg, Jerome 1970-01-01T00:00:00Z The effect of simple specification error on the coefficients of "unaffected" variables https://hdl.handle.net/1721.1/63500 The effect of simple specification error on the coefficients of "unaffected" variables Fisher, Franklin M. 1977-01-01T00:00:00Z The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather https://hdl.handle.net/1721.1/63499 The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather Deschnes, Olivier; Greenstone, Michael July 2004, revised January 2006 2006-01-01T00:00:00Z An example of non-Martingale learning https://hdl.handle.net/1721.1/63498 An example of non-Martingale learning Smith, Lones A.; Sorensen, Peter Birch 1994-01-01T00:00:00Z The effects of technological change, experience and environmental regulation on the construction of coal-burning generating units https://hdl.handle.net/1721.1/63497 The effects of technological change, experience and environmental regulation on the construction of coal-burning generating units Joskow, Paul L.; Rose, Nancy L. 1984-01-01T00:00:00Z The economic lives of the poor https://hdl.handle.net/1721.1/63496 The economic lives of the poor Banerjee, Abhijit V.; Duflo, Esther October 31, 2006 2006-01-01T00:00:00Z Estimation of the price elasticity of demand acting metropolitan producers https://hdl.handle.net/1721.1/63495 Estimation of the price elasticity of demand acting metropolitan producers Engle, Robert Fry 1975-01-01T00:00:00Z External debt, budget deficits and disequilibrium exchange rates https://hdl.handle.net/1721.1/63494 External debt, budget deficits and disequilibrium exchange rates Dornbusch, Rudiger 1984-01-01T00:00:00Z Efficient estimation and identification of simultaneous equation models with covariance restrictions https://hdl.handle.net/1721.1/63493 Efficient estimation and identification of simultaneous equation models with covariance restrictions Hausman, Jerry A.; Newey, Whitney K.; Taylor, William E. This paper is a revision of an earlier version presented at the European Econometric Meetings, 1982 1983-01-01T00:00:00Z The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather https://hdl.handle.net/1721.1/63492 The economic impacts of climate change : evidence from agricultural profits and random fluctuations in weather Deschnes, Olivier; Greenstone, Michael July 2004; Revised: January 2006; Revised: August 2006 2006-01-01T00:00:00Z An econometric model of the world copper industry, https://hdl.handle.net/1721.1/63491 An econometric model of the world copper industry, Fisher, Franklin M.; Cootner, Paul H. 1971-01-01T00:00:00Z Equity, envy, and efficiency, https://hdl.handle.net/1721.1/63490 Equity, envy, and efficiency, Varian, Hal R. 1973-01-01T00:00:00Z An encompassing approach to conditional mean tests with applications to testing nonnested hypotheses https://hdl.handle.net/1721.1/63489 An encompassing approach to conditional mean tests with applications to testing nonnested hypotheses Wooldridge, Jeffrey M. February 1988. Latest revision: January 1989; Paper presented at the 1988 Winter Meetings of the Econometric Society, New York 1989-01-01T00:00:00Z An experimental comparison of dispute rates in alternative arbitration systems https://hdl.handle.net/1721.1/63488 An experimental comparison of dispute rates in alternative arbitration systems Ashenfelter, Orley 1990-01-01T00:00:00Z Education in a "job ladder" model and the fairness-in-hiring rule https://hdl.handle.net/1721.1/63487 Education in a "job ladder" model and the fairness-in-hiring rule Bhagwati, Jagdish N.; Srinivasan, T. N. 1975-01-01T00:00:00Z Electric utility fuel choice behavior in the United States https://hdl.handle.net/1721.1/63486 Electric utility fuel choice behavior in the United States Joskow, Paul L.; Mishkin, Frederic S. 1974-01-01T00:00:00Z The diffusion of new technologies : evidence from the electric utility industry https://hdl.handle.net/1721.1/63485 The diffusion of new technologies : evidence from the electric utility industry Rose, Nancy L.; Joskow, Paul L. 1988-01-01T00:00:00Z Dollarization of liabilities : underinsurance and domestic financial underdevelopment https://hdl.handle.net/1721.1/63484 Dollarization of liabilities : underinsurance and domestic financial underdevelopment Caballero, Ricardo J.; Krishnamurthy, Arvind July 2000; June 27, 2000--Added t.p 2000-01-01T00:00:00Z Do firms want to borrow more? : testing credit constraints using a directed lending program https://hdl.handle.net/1721.1/63483 Do firms want to borrow more? : testing credit constraints using a directed lending program Banerjee, Abhijit V.; Duflo, Esther May 2002 2002-01-01T00:00:00Z The determinants of juvenile arrests, https://hdl.handle.net/1721.1/63482 The determinants of juvenile arrests, Grieson, Ronald E. Earlier drafts of this paper were presented to the Winter 1968 meeting of the Econometric Society and the Winter 1970 meeting of the American Association for the Advancement of Science 1972-01-01T00:00:00Z Do rational traders frenzy? https://hdl.handle.net/1721.1/63481 Do rational traders frenzy? Smith, Lones A. 1996-01-01T00:00:00Z Delay in reporting Acquired Immune Deficiency Syndrome (AIDS) https://hdl.handle.net/1721.1/63480 Delay in reporting Acquired Immune Deficiency Syndrome (AIDS) Harris, Jeffrey E. 1987-01-01T00:00:00Z Dynamics and stability of constitutions, coalitions, and clubs https://hdl.handle.net/1721.1/63479 Dynamics and stability of constitutions, coalitions, and clubs Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin August 4, 2008 2008-01-01T00:00:00Z Domestic distortions, imperfect information and the brain drain https://hdl.handle.net/1721.1/63478 Domestic distortions, imperfect information and the brain drain Hamada, Koichi 1975-01-01T00:00:00Z Devaluation in a small economy with flexible and rigid, real and nominal, prices https://hdl.handle.net/1721.1/63477 Devaluation in a small economy with flexible and rigid, real and nominal, prices Bhagwati, Jagdish N. 1975-01-01T00:00:00Z Do firm boundaries matter? https://hdl.handle.net/1721.1/63476 Do firm boundaries matter? Mullainathan, Sendhil; Scharfstein, David Title from cover; January 2001 2001-01-01T00:00:00Z Distribution of preferences and the "law of demand" https://hdl.handle.net/1721.1/63475 Distribution of preferences and the "law of demand" Grandmont, Jean-Michel A la memoire d'Andre Nataf 1984-01-01T00:00:00Z The distribution of inventory holdings in a pure exchange barter search economy https://hdl.handle.net/1721.1/63474 The distribution of inventory holdings in a pure exchange barter search economy Diamond, Peter A.; Yellin, Joel October 1983 1983-01-01T00:00:00Z Do temporary help jobs improve labor market outcomes for low skilled workers? : evidence from random assignments https://hdl.handle.net/1721.1/63473 Do temporary help jobs improve labor market outcomes for low skilled workers? : evidence from random assignments Autor, David H.; Houseman, Susan N. October 27, 2005--T.p. -- October 2005, revised from January 2005--Abstract, p. [i] 2005-01-01T00:00:00Z Distance to frontier, selection, and economic growth https://hdl.handle.net/1721.1/63472 Distance to frontier, selection, and economic growth Acemoglu, Daron; Aghion, Philippe; Zilibotti, Fabrizio June 25, 2002 2002-01-01T00:00:00Z De facto discrimination in residential assessments: Boston, https://hdl.handle.net/1721.1/63471 De facto discrimination in residential assessments: Boston, Engle, R. F. 1973-01-01T00:00:00Z Domestic distortions, tariffs and the theory of optimum subsidy: some further results https://hdl.handle.net/1721.1/63470 Domestic distortions, tariffs and the theory of optimum subsidy: some further results Bhagwati, Jagdish N.; Ramaswami, Vangal K.; Srinivasan, T. N. 1968-01-01T00:00:00Z Does hazardous waste matter? : evidence from the housing market and the Superfund program https://hdl.handle.net/1721.1/63469 Does hazardous waste matter? : evidence from the housing market and the Superfund program Greenstone, Michael; Gallagher, Justin October 31, 2005; Revised: September 2006 2006-01-01T00:00:00Z Distribution-free estimation of some nonlinear panel data models https://hdl.handle.net/1721.1/63468 Distribution-free estimation of some nonlinear panel data models Wooldridge, Jeffrey M. September 1990 1990-01-01T00:00:00Z Dynamic efficiency, the rickless rate and debt : Ponzi games under uncertainty https://hdl.handle.net/1721.1/63467 Dynamic efficiency, the rickless rate and debt : Ponzi games under uncertainty Blanchard, Olivier; Weil, Philippe Title from cover; November 2001 2001-01-01T00:00:00Z Did firms profit from soft money? https://hdl.handle.net/1721.1/63466 Did firms profit from soft money? Ansolabehere, Stephen; Snyder, James M.; Ueda, Michiko January 2004 2004-01-01T00:00:00Z The demand for index bonds. https://hdl.handle.net/1721.1/63465 The demand for index bonds. Fischer, Stanley 1974-01-01T00:00:00Z Do people mean what they say? : implications for subjective survey data https://hdl.handle.net/1721.1/63464 Do people mean what they say? : implications for subjective survey data Bertrand, Marianne; Mullainathan, Sendhil Title from cover; January 2001 2001-01-01T00:00:00Z Do firms want to borrow more? : testing credit constraints using a directed lending program https://hdl.handle.net/1721.1/63463 Do firms want to borrow more? : testing credit constraints using a directed lending program Banerjee, Abhijit V.; Duflo, Esther May 2002. Revised: May 2008 2008-01-01T00:00:00Z Disorganization https://hdl.handle.net/1721.1/63462 Disorganization Blanchard, Olivier; Kremer, Michael 1996-01-01T00:00:00Z The determination of the union status of workers https://hdl.handle.net/1721.1/63461 The determination of the union status of workers Farber, Henry S. 1982-01-01T00:00:00Z Diagnosing monopoly https://hdl.handle.net/1721.1/63460 Diagnosing monopoly Fisher, Franklin M. Paper presented as the David Kinley Lecture, University of Illinois, October, 1978 1978-01-01T00:00:00Z Dissolving a partnership efficiently https://hdl.handle.net/1721.1/63459 Dissolving a partnership efficiently Cramton, Peter C.; Gibbons, Robert; Klemperer, Paul November 1985 1985-01-01T00:00:00Z Democratization or repression? https://hdl.handle.net/1721.1/63458 Democratization or repression? Acemoglu, Daron; Robinson, James A. October, 1999; July, 1999--Added t.p 1999-01-01T00:00:00Z Dynamic inconsistency, co-operation and the benevolent dissembling government https://hdl.handle.net/1721.1/63457 Dynamic inconsistency, co-operation and the benevolent dissembling government Fischer, Stanley 1979-01-01T00:00:00Z Does unmeasured ability explain inter-industry wage differences? https://hdl.handle.net/1721.1/63456 Does unmeasured ability explain inter-industry wage differences? Gibbons, Robert; Katz, Lawrence F. 1989-01-01T00:00:00Z Differential incidence in a static general equilibrium framework, https://hdl.handle.net/1721.1/63455 Differential incidence in a static general equilibrium framework, Vandendorpe, Adolph; Friedlaender, Ann Fetter 1973-01-01T00:00:00Z Dynamic Mirrlees Taxation under political economy constraints https://hdl.handle.net/1721.1/63454 Dynamic Mirrlees Taxation under political economy constraints Acemoglu, Daron; Golosov, Mikhail; Tsyvinski, Aleh February 15, 2008 2008-01-01T00:00:00Z The decline of unionization in the United States : what can be learned from recent experience? https://hdl.handle.net/1721.1/63453 The decline of unionization in the United States : what can be learned from recent experience? Farber, Henry S. 1987-01-01T00:00:00Z Do housing sales drive prices or the converse? https://hdl.handle.net/1721.1/63452 Do housing sales drive prices or the converse? Wheaton, William C.; Lee, Nai Jia January 28, 2008 2008-01-01T00:00:00Z Duopoly with time-consuming production https://hdl.handle.net/1721.1/63451 Duopoly with time-consuming production Saloner, Garth July 1983 1984-01-01T00:00:00Z Did mandatory unbundling achieve its purpose? : empirical evidence from five countries https://hdl.handle.net/1721.1/63450 Did mandatory unbundling achieve its purpose? : empirical evidence from five countries Hausman, Jerry A.; Sidak, J. Gregory Nov 1, 2004 2004-01-01T00:00:00Z Does air quality matter? : evidence from the housing market https://hdl.handle.net/1721.1/63449 Does air quality matter? : evidence from the housing market Chay, Kenneth Y.; Greenstone, Michael February 2004 2004-01-01T00:00:00Z Does competition reduce costs? : assessing the impact of regulatory restructuring on U.S. electric generation efficiency https://hdl.handle.net/1721.1/63448 Does competition reduce costs? : assessing the impact of regulatory restructuring on U.S. electric generation efficiency Markiewicz, Kira; Rose, Nancy L.; Wolfram, Catherine D. November 2004 2004-01-01T00:00:00Z The dynamics of incentive contracts https://hdl.handle.net/1721.1/63447 The dynamics of incentive contracts Laffont, Jean-Jacques; Tirole, Jean July 1985, Revised March 1986 1986-01-01T00:00:00Z Divergent expectations as a cause of disagreement in bargaining : evidence from a comparison of arbitration schemes https://hdl.handle.net/1721.1/63446 Divergent expectations as a cause of disagreement in bargaining : evidence from a comparison of arbitration schemes Farber, Henry S.; Bazerman, Max H. 1987-01-01T00:00:00Z The demand for union representation https://hdl.handle.net/1721.1/63445 The demand for union representation Farber, Henry S. 1982-01-01T00:00:00Z Dynamic equilibrium limit-pricing in an uncertain environment https://hdl.handle.net/1721.1/63444 Dynamic equilibrium limit-pricing in an uncertain environment Saloner, Garth November 1982, Revised February 1984 1984-01-01T00:00:00Z Do CEOs set their own pay? : the ones without principles do https://hdl.handle.net/1721.1/63443 Do CEOs set their own pay? : the ones without principles do Bertrand, Marianne; Mullainathan, Sendhil September 2000 2000-01-01T00:00:00Z A dual liquidity model for emerging markets https://hdl.handle.net/1721.1/63442 A dual liquidity model for emerging markets Caballero, Ricardo J.; Krishnamurthy, Arvind June 2002.; January 8, 2002--P. 1 2002-01-01T00:00:00Z Does hazardous waste matter? : evidence from the housing market and the Superfund Program https://hdl.handle.net/1721.1/63441 Does hazardous waste matter? : evidence from the housing market and the Superfund Program Greenstone, Michael; Gallagher, Justin October 31, 2005 2005-01-01T00:00:00Z A disequilibrium model of regional investment https://hdl.handle.net/1721.1/63440 A disequilibrium model of regional investment Engle, R. F. 1973-01-01T00:00:00Z Do temporary help jobs improve labor market outcomes for low-skilled workers? : evidence from "work first" https://hdl.handle.net/1721.1/63439 Do temporary help jobs improve labor market outcomes for low-skilled workers? : evidence from "work first" Autor, David H.; Houseman, Susan N. October 27, 2009. Revised: March 17, 2010 2010-01-01T00:00:00Z Definitions and criteria of predatory pricing https://hdl.handle.net/1721.1/63438 Definitions and criteria of predatory pricing Spector, David M. Title from cover; January 2001 2001-01-01T00:00:00Z The dynamic effects of aggregate demand and supply disturbance https://hdl.handle.net/1721.1/63437 The dynamic effects of aggregate demand and supply disturbance Blanchard, Olivier; Quah, Danny 1988-01-01T00:00:00Z Dividends, capital gains, & the corporate veil : evidence from Britain, Canada, and the United States https://hdl.handle.net/1721.1/63436 Dividends, capital gains, & the corporate veil : evidence from Britain, Canada, and the United States Poterba, James M. December 1988. Revised April 1989.--p. [3] 1989-01-01T00:00:00Z Default and renegotiation : a dynamic model of debt https://hdl.handle.net/1721.1/63435 Default and renegotiation : a dynamic model of debt Hart, Oliver D.; Moore, John 1989-01-01T00:00:00Z Did monetary forces cause the depression? https://hdl.handle.net/1721.1/63434 Did monetary forces cause the depression? Temin, Peter 1973-01-01T00:00:00Z Consequences of employment protection? : the case of the Americans with Disabilities Act https://hdl.handle.net/1721.1/63433 Consequences of employment protection? : the case of the Americans with Disabilities Act Acemoglu, Daron; Angrist, Joshua David September 1998 1998-01-01T00:00:00Z Characteristics of demand for pharmaceutical products : an examination of four cephalosporins https://hdl.handle.net/1721.1/63432 Characteristics of demand for pharmaceutical products : an examination of four cephalosporins Ellison, Sara Fisher 1996-01-01T00:00:00Z The base for direct taxation https://hdl.handle.net/1721.1/63431 The base for direct taxation Banks, James; Diamond, Peter A. March 20,2008 2008-01-01T00:00:00Z Can work-sharing work? https://hdl.handle.net/1721.1/63430 Can work-sharing work? Spector, David M. October, 1999 1999-01-01T00:00:00Z Cheap talk with two audiences https://hdl.handle.net/1721.1/63429 Cheap talk with two audiences Farrell, Joseph; Gibbons, Robert Revised February 1989 1989-01-01T00:00:00Z Corruption, inequality and fairness https://hdl.handle.net/1721.1/63428 Corruption, inequality and fairness Alesina, Alberto; Angeletos, Marios April 29, 2005--t.p. -- First draft: September 2004, this version: April 2005--Abstract, p. 1 2005-01-01T00:00:00Z Bubbles and capital flow volatility : causes and risk management https://hdl.handle.net/1721.1/63427 Bubbles and capital flow volatility : causes and risk management Caballero, Ricardo J.; Krishnamurthy, Arvind August 25, 2005 2005-01-01T00:00:00Z The costs of wrongful-discharge laws https://hdl.handle.net/1721.1/63426 The costs of wrongful-discharge laws Autor, David H.; Donohue, John J.; Schwab, Stewart J. November 18, 2002.; ... revised from July 2001--Abstract 2002-01-01T00:00:00Z The benefits of price stability https://hdl.handle.net/1721.1/63425 The benefits of price stability Fischer, Stanley 1984-01-01T00:00:00Z Corporate reform in American manufacturing and the challenge to economic theory https://hdl.handle.net/1721.1/63424 Corporate reform in American manufacturing and the challenge to economic theory Piore, Michael J. 1989-01-01T00:00:00Z Climate change, mortality and adaptation : evidence from annual fluctuations in weather in the U.S. https://hdl.handle.net/1721.1/63423 Climate change, mortality and adaptation : evidence from annual fluctuations in weather in the U.S. Deschnes, Olivier; Greenstone, Michael June 21, 2007. Revised: Dec. 2, 2008 2008-01-01T00:00:00Z The costs of a purely monetary disinflation policy : the case of long-run involuntary unemployment https://hdl.handle.net/1721.1/63422 The costs of a purely monetary disinflation policy : the case of long-run involuntary unemployment Wagner, Helmut 1987-01-01T00:00:00Z The crisis : basic mechanisms, and appropriate policies https://hdl.handle.net/1721.1/63421 The crisis : basic mechanisms, and appropriate policies Blanchard, Olivier December 29, 2009 2009-01-01T00:00:00Z Capital income taxes with heterogeneous discount rates https://hdl.handle.net/1721.1/63420 Capital income taxes with heterogeneous discount rates Diamond, Peter A.; Spinnewijn, Johannes July 14, 2009 2009-01-01T00:00:00Z Beauty contests and irrational exuberance : a neoclassical approach https://hdl.handle.net/1721.1/63419 Beauty contests and irrational exuberance : a neoclassical approach Angeletos, Marios; Lorenzoni, Guido; Pavan, Alessandro March 5, 2010 2010-01-01T00:00:00Z Characterizing properties of stochastic objective functions https://hdl.handle.net/1721.1/63418 Characterizing properties of stochastic objective functions Athey, Susan Oct. 1995 -- First draft: December 1993; this draft: October 1995--p. 1 1995-01-01T00:00:00Z Bertrand competition for inputs, forward contracts, and Walrasian outcomes https://hdl.handle.net/1721.1/63417 Bertrand competition for inputs, forward contracts, and Walrasian outcomes Stahl, Dale O. 1986-01-01T00:00:00Z The brain drain and income taxation: a proposal, https://hdl.handle.net/1721.1/63416 The brain drain and income taxation: a proposal, Bhagwati, Jagdish N. 1972-01-01T00:00:00Z Conditional independence in sample selection models https://hdl.handle.net/1721.1/63415 Conditional independence in sample selection models Angrist, Joshua David 1996-01-01T00:00:00Z Comparative statics under uncertainty : single crossing properties and log supermodularity https://hdl.handle.net/1721.1/63414 Comparative statics under uncertainty : single crossing properties and log supermodularity Athey, Susan No. 96-22, July, 1996; Revised version, July, 1998--T.p; Series numbering from publisher's list 1998-01-01T00:00:00Z Convergence rates & asymptotic normality for series estimators https://hdl.handle.net/1721.1/63413 Convergence rates & asymptotic normality for series estimators Newey, Whitney K. 1995-01-01T00:00:00Z Commercial impossibility, the uranium market, and the Westinghouse case https://hdl.handle.net/1721.1/63412 Commercial impossibility, the uranium market, and the Westinghouse case Joskow, Paul L. 1976-01-01T00:00:00Z China's exports, subsidies to state owned enterprises and the WTO https://hdl.handle.net/1721.1/63411 China's exports, subsidies to state owned enterprises and the WTO Eckaus, Richard S. April 22, 2004 2004-01-01T00:00:00Z Choosing the number of instruments https://hdl.handle.net/1721.1/63410 Choosing the number of instruments Donald, Stephen G.; Newey, Whitney K. February 1999 1999-01-01T00:00:00Z The calculation of ordinary least squares, https://hdl.handle.net/1721.1/63409 The calculation of ordinary least squares, Hall, Robert Ernest 1967-01-01T00:00:00Z Countervailing power in wholesale pharmaceuticals https://hdl.handle.net/1721.1/63408 Countervailing power in wholesale pharmaceuticals Ellison, Sara Fisher; Snyder, Christopher M. Title from cover; July 2001. July 19, 2001--Abstract 2001-01-01T00:00:00Z The colonial origins of comparative development : an empirical investigation https://hdl.handle.net/1721.1/63407 The colonial origins of comparative development : an empirical investigation Acemoglu, Daron; Johnson, Simon; Robinson, James A. September 2000; July 7, 2000--Added t.p 2000-01-01T00:00:00Z Collusion and price rigidity https://hdl.handle.net/1721.1/63406 Collusion and price rigidity Athey, Susan; Bagwell, Kyle; Sanchirico, Chris William November, 1998 1998-01-01T00:00:00Z Cheap talk in bargaining games https://hdl.handle.net/1721.1/63405 Cheap talk in bargaining games Farrell, Joseph; Gibbons, Robert 1986-01-01T00:00:00Z Contractual form, retail price, and asset characteristics https://hdl.handle.net/1721.1/63404 Contractual form, retail price, and asset characteristics Shepard, Andrea 1991-01-01T00:00:00Z Breach of trust in takeovers and the optimal corporate charter https://hdl.handle.net/1721.1/63403 Breach of trust in takeovers and the optimal corporate charter Schnitzer, Monika First draft: May 1991; this version: February 1992 1992-01-01T00:00:00Z Credit market imperfections and persistent unemployment https://hdl.handle.net/1721.1/63402 Credit market imperfections and persistent unemployment Acemoglu, Daron September 2000; September 11, 2000--Added t.p 2000-01-01T00:00:00Z Contractionary effects of devaluation https://hdl.handle.net/1721.1/63401 Contractionary effects of devaluation Krugman, Paul R.; Taylor, Lance 1976-01-01T00:00:00Z Beyond Becker : training in imperfect labor markets https://hdl.handle.net/1721.1/63400 Beyond Becker : training in imperfect labor markets Acemoglu, Daron; Pischke, Jrn-Steffen September 1998 1998-01-01T00:00:00Z Consumer's surplus as an exact approximation when prices are appropriately deflated https://hdl.handle.net/1721.1/63399 Consumer's surplus as an exact approximation when prices are appropriately deflated Weitzman, Martin L. 1988-01-01T00:00:00Z Comparative statics and perfect foresight in infinite horizon economies https://hdl.handle.net/1721.1/63398 Comparative statics and perfect foresight in infinite horizon economies Kehoe, Timothy Jerome; Levine, David K. 1982-01-01T00:00:00Z Convergence in international output https://hdl.handle.net/1721.1/63397 Convergence in international output Bernard, Andrew B.; Durlauf, Steven N. 1993-01-01T00:00:00Z Current account deficits in rich countries https://hdl.handle.net/1721.1/63396 Current account deficits in rich countries Blanchard, Olivier Feb. 10, 2006. -- February 10, 20007 [sic] (first draft: October 30, 2006)--p. 1 2007-01-01T00:00:00Z Coordination and policy traps https://hdl.handle.net/1721.1/63395 Coordination and policy traps Angeletos, Marios; Hellwig, Christian; Pavan, Alessandro May 2003. Rev. September 2003 2003-01-01T00:00:00Z The consequences of radical reform : the French Revolution https://hdl.handle.net/1721.1/63394 The consequences of radical reform : the French Revolution Acemoglu, Daron; Cantoni, Davide Werner; Johnson, Simon; Robinson, James A. Statement of responsibility on t.p. reads: Daron Acemoglu, David Cantoni, Simon Johnson, James A. Robinson; March 19, 2009 2009-01-01T00:00:00Z Complexity and financial panics https://hdl.handle.net/1721.1/63393 Complexity and financial panics Caballero, Ricardo J.; Simsek, Alp May 15, 2009 2009-01-01T00:00:00Z Coping with Chile's external vulnerability : a financial problem https://hdl.handle.net/1721.1/63392 Coping with Chile's external vulnerability : a financial problem Caballero, Ricardo J. Revised, January 2002.; 01/11/2002--Abstract 2002-01-01T00:00:00Z Capital gains, income, and saving https://hdl.handle.net/1721.1/63391 Capital gains, income, and saving Shell, Karl; Sidrauski, Miguel; Stiglitz, Joseph E. 1967-01-01T00:00:00Z Bargaining and strikes https://hdl.handle.net/1721.1/63390 Bargaining and strikes Hart, Oliver D. 1986-01-01T00:00:00Z Behavioral economics https://hdl.handle.net/1721.1/63389 Behavioral economics Mullainathan, Sendhil; Thaler, Richard H. September 2000 2000-01-01T00:00:00Z Banking as an emerging technology : Hoare's Bank 1702-1742 https://hdl.handle.net/1721.1/63388 Banking as an emerging technology : Hoare's Bank 1702-1742 Temin, Peter; Voth, Hans-Joachim Dec. 4, 2003 2003-01-01T00:00:00Z Conditional extremes and near-extremes https://hdl.handle.net/1721.1/63387 Conditional extremes and near-extremes Chernozhukov, Victor Title from cover; July 2000.; Version: May 10, 2001; first version: October, 1998 ... This paper is part of my Ph.D. dissertation at Stanford, completed in 2000.--Abstract 2001-01-01T00:00:00Z Costs, technology, and productivity in the U.S. automobile industry https://hdl.handle.net/1721.1/63386 Costs, technology, and productivity in the U.S. automobile industry Friedlaender, Ann Fetter; Winston, Clifford; Wang, David Kung 1982-01-01T00:00:00Z Band spectrum regressions, https://hdl.handle.net/1721.1/63385 Band spectrum regressions, Engle, R. F. 1972-01-01T00:00:00Z A bid rent approach to housing demand https://hdl.handle.net/1721.1/63384 A bid rent approach to housing demand Wheaton, William C. 1974-01-01T00:00:00Z Central issues in the negotiations on limiting greenhouse warming https://hdl.handle.net/1721.1/63383 Central issues in the negotiations on limiting greenhouse warming Eckaus, Richard S. Dec. 19, 1991 revised 1991-01-01T00:00:00Z Commitment vs. flexibility https://hdl.handle.net/1721.1/63382 Commitment vs. flexibility Amador, Manuel; Werning, Ivn; Angeletos, Marios November 15, 2003 2003-01-01T00:00:00Z Competition and efficiency in congested markets https://hdl.handle.net/1721.1/63381 Competition and efficiency in congested markets Acemoglu, Daron; Ozdaglar, Asuman E. February 16, 2005 -- Revised: January 20, 2006 2006-01-01T00:00:00Z Conditional moment restrictions in censored and truncated regression models https://hdl.handle.net/1721.1/63380 Conditional moment restrictions in censored and truncated regression models Newey, Whitney K. July 1999 1999-01-01T00:00:00Z Contingent reserves management : an applied framework https://hdl.handle.net/1721.1/63379 Contingent reserves management : an applied framework Caballero, Ricardo J.; Panageas, Stavros September 9, 2004 2004-01-01T00:00:00Z The costs and benefits of ownership : a theory of vertical and lateral integration https://hdl.handle.net/1721.1/63378 The costs and benefits of ownership : a theory of vertical and lateral integration Grossman, Sanford J.; Hart, Oliver D. 1985-01-01T00:00:00Z Conditional value-at-risk : aspects of modeling and estimation https://hdl.handle.net/1721.1/63377 Conditional value-at-risk : aspects of modeling and estimation Chernozhukov, Victor; Umantsev, Len Title from cover; November 2000.; Received: September 30, 1999, Revised version: November 20, 2000--Abstract 2000-01-01T00:00:00Z Balanced budget amendment https://hdl.handle.net/1721.1/63376 Balanced budget amendment Brown, E. Cary Prepared for the New Palgrave Dictionary of Money and Finance.--p. 1 1991-01-01T00:00:00Z Consumption and the recession of 1990-1991 https://hdl.handle.net/1721.1/63375 Consumption and the recession of 1990-1991 Blanchard, Olivier 1993-01-01T00:00:00Z Comparative advantage and the cross-section of business cycles https://hdl.handle.net/1721.1/63374 Comparative advantage and the cross-section of business cycles Kraay, Aart; Ventura, Jaume June, 1998--T.p. -- May, 1998--Pref 1998-01-01T00:00:00Z Behavioral economics https://hdl.handle.net/1721.1/63373 Behavioral economics Diamond, Peter A. March 15, 2008 2008-01-01T00:00:00Z Comparative statics under uncertainty : single crossing properties and log-supermodularity https://hdl.handle.net/1721.1/63372 Comparative statics under uncertainty : single crossing properties and log-supermodularity Athey, Susan July, 1996 1996-01-01T00:00:00Z Consistency and asymptotic normality of nonparametric projection estimators https://hdl.handle.net/1721.1/63371 Consistency and asymptotic normality of nonparametric projection estimators Newey, Whitney K. Rev. July 1991 1991-01-01T00:00:00Z Contracting constraints, credit markets and economic development https://hdl.handle.net/1721.1/63370 Contracting constraints, credit markets and economic development Banerjee, Abhijit V. September 2001 2001-01-01T00:00:00Z A correspondence principle for simultaneous equation models, https://hdl.handle.net/1721.1/63369 A correspondence principle for simultaneous equation models, Fisher, Franklin M. 1967-01-01T00:00:00Z Bubbles and capital flows https://hdl.handle.net/1721.1/63368 Bubbles and capital flows Ventura, Jaume October 2002 2002-01-01T00:00:00Z Chinese and Indian agriculture: a broad comparison of recent policy and performance. https://hdl.handle.net/1721.1/63367 Chinese and Indian agriculture: a broad comparison of recent policy and performance. Bardhan, Pranab K. 1968-01-01T00:00:00Z Capitalist masters, bourgeois slaves https://hdl.handle.net/1721.1/63366 Capitalist masters, bourgeois slaves David, Paul A.; Temin, Peter This review essay is scheduled to appear in the Winter 1974/75 issue of the Journal of interdisciplinary history 1974-01-01T00:00:00Z Changes in the wage structure, family income, and children's education https://hdl.handle.net/1721.1/63365 Changes in the wage structure, family income, and children's education Acemoglu, Daron; Pischke, Jrn-Steffen September 2000 2000-01-01T00:00:00Z Coping with Chile's external vulnerability : a financial problem https://hdl.handle.net/1721.1/63364 Coping with Chile's external vulnerability : a financial problem Caballero, Ricardo J. Title from cover; May 2001. 5/11/2001--Abstract 2001-01-01T00:00:00Z Convergence rates for series estimators https://hdl.handle.net/1721.1/63363 Convergence rates for series estimators Newey, Whitney K. 1993-01-01T00:00:00Z Coalition formation in political games https://hdl.handle.net/1721.1/63362 Coalition formation in political games Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin November 30, 2006 2006-01-01T00:00:00Z Capital taxation : quantitative explorations of the Inverse Euler equation https://hdl.handle.net/1721.1/63361 Capital taxation : quantitative explorations of the Inverse Euler equation Farhi, Emmanuel; Werning, Ivn November 30, 2005. Revised version: April 10, 2009 2009-01-01T00:00:00Z A common error in the treatment of trending time series https://hdl.handle.net/1721.1/63360 A common error in the treatment of trending time series Quah, Danny; Wooldridge, Jeffrey M. 1988-01-01T00:00:00Z Call option pricing when the exercise price is uncertain, and the valuation of index bonds https://hdl.handle.net/1721.1/63359 Call option pricing when the exercise price is uncertain, and the valuation of index bonds Fischer, Stanley Research support from the National Science Foundation is gratefully acknowledged 1977-01-01T00:00:00Z A conditional probit model for qualitative choice : discrete decisions recognizing interdependence and heterogenous preferences https://hdl.handle.net/1721.1/63358 A conditional probit model for qualitative choice : discrete decisions recognizing interdependence and heterogenous preferences Hausman, Jerry A.; Wise, David A. An earlier version of this paper was presented at the Third World Congress of the Econometric Society, August, 1975 1976-01-01T00:00:00Z Continuously dated commodities, individual price adjustment, and non-ttonnement with production and consumption https://hdl.handle.net/1721.1/63357 Continuously dated commodities, individual price adjustment, and non-ttonnement with production and consumption Fisher, Franklin M. 1975-01-01T00:00:00Z Corporate control and balance of powers https://hdl.handle.net/1721.1/63356 Corporate control and balance of powers Acemoglu, Daron First version: July 1992, Current version June 1994--3rd prelim. p 1994-01-01T00:00:00Z The causes and consequences of attending historically black colleges and universities https://hdl.handle.net/1721.1/63355 The causes and consequences of attending historically black colleges and universities Fryer, Roland G.; Greenstone, Michael April 9, 2007 2007-01-01T00:00:00Z Changes in unemployment and wage inequality : an alternative theory and some evidence https://hdl.handle.net/1721.1/63354 Changes in unemployment and wage inequality : an alternative theory and some evidence Acemoglu, Daron 1996-01-01T00:00:00Z The cost of recession revisited : a reverse-liquidationist view https://hdl.handle.net/1721.1/63353 The cost of recession revisited : a reverse-liquidationist view Caballero, Ricardo J.; Hammour, Mohamad L. October, 1999; August 30, 1999--Added t.p 1999-01-01T00:00:00Z Cost padding, auditing and collusion https://hdl.handle.net/1721.1/63352 Cost padding, auditing and collusion Laffont, Jean-Jacques; Tirole, Jean 1990-01-01T00:00:00Z Cost-benefit analysis: a methodological exposition, https://hdl.handle.net/1721.1/63351 Cost-benefit analysis: a methodological exposition, Rothenberg, Jerome 3701171 Archives; 3959522 Dewey 1969-01-01T00:00:00Z Current accounts in the long and short run https://hdl.handle.net/1721.1/63350 Current accounts in the long and short run Kraay, Aart; Ventura, Jaume June 2002 2002-01-01T00:00:00Z Cartels, competition and regulation in the property and liability insurance industry https://hdl.handle.net/1721.1/63349 Cartels, competition and regulation in the property and liability insurance industry Joskow, Paul L.; Srinivasan, T. N. 1973-01-01T00:00:00Z Climate change, mortality and adaptation : evidence from annual fluctuations in weather in the U.S. https://hdl.handle.net/1721.1/63348 Climate change, mortality and adaptation : evidence from annual fluctuations in weather in the U.S. Deschnes, Olivier; Greenstone, Michael June 21, 2007 2007-01-01T00:00:00Z Current accounts in debtor and creditor countries https://hdl.handle.net/1721.1/63347 Current accounts in debtor and creditor countries Kraay, Aart; Ventura, Jaume 1997-01-01T00:00:00Z Copycat funds : information disclosure regulation and the returns to active management in the mutual fund industry https://hdl.handle.net/1721.1/63346 Copycat funds : information disclosure regulation and the returns to active management in the mutual fund industry Myers, Mary Margaret October 2001 2001-01-01T00:00:00Z Correlated equilibria and sunspots: a note https://hdl.handle.net/1721.1/63345 Correlated equilibria and sunspots: a note Maskin, Eric; Tirole, Jean May 1985 1985-01-01T00:00:00Z Communication in games I : mechanism design without a mediator https://hdl.handle.net/1721.1/63344 Communication in games I : mechanism design without a mediator Farrell, Joseph von R. 1983-01-01T00:00:00Z Comparing apples to oranges : productivity convergence and measurement across industries and countries https://hdl.handle.net/1721.1/63343 Comparing apples to oranges : productivity convergence and measurement across industries and countries Bernard, Andrew B.; Jones, Charles I. 1993-01-01T00:00:00Z Characterizing properties of stochastic objective functions https://hdl.handle.net/1721.1/63342 Characterizing properties of stochastic objective functions Athey, Susan No. 96-1R, August 1998 (no. 96-1, October 1996)--T.p. -- First draft: March 1994; last revised: April 1998--Pref 1998-01-01T00:00:00Z Coordination and policy traps https://hdl.handle.net/1721.1/63341 Coordination and policy traps Angeletos, Marios; Hellwig, Christian; Pavan, Alessandro May 2003 2003-01-01T00:00:00Z The citizens utilities case : a further dividend puzzle https://hdl.handle.net/1721.1/63340 The citizens utilities case : a further dividend puzzle Poterba, James M. 1983-01-01T00:00:00Z Contracts and the division of labor https://hdl.handle.net/1721.1/63339 Contracts and the division of labor Acemoglu, Daron; Antrs, Pol; Helpman, Elhanan May 4, 2005 2005-01-01T00:00:00Z Continuous training in Germany https://hdl.handle.net/1721.1/63338 Continuous training in Germany Pischke, Jrn-Steffen 1996-01-01T00:00:00Z Capital structure as a control mechanism in corporations https://hdl.handle.net/1721.1/63337 Capital structure as a control mechanism in corporations Hart, Oliver D. This paper was presented at a session on Organizations at the Econometric Society Meetings, December 1986 1987-01-01T00:00:00Z Credit rationing and crowding out during the industrial revolution : evidence from Hoare's Bank, 1702-1862 https://hdl.handle.net/1721.1/63336 Credit rationing and crowding out during the industrial revolution : evidence from Hoare's Bank, 1702-1862 Temin, Peter; Voth, Hans-Joachim February 1, 2004 2004-01-01T00:00:00Z Certification of training and training outcomes https://hdl.handle.net/1721.1/63335 Certification of training and training outcomes Acemoglu, Daron; Pischke, Jrn-Steffen October, 1999; July, 1999--Added t.p 1999-01-01T00:00:00Z Capital taxation in a dynamic general equilibrium setting https://hdl.handle.net/1721.1/63334 Capital taxation in a dynamic general equilibrium setting Friedlaender, Ann Fetter; Vandendorpe, Adolf Leon 1977-01-01T00:00:00Z Capital deepening and non-balanced economic growth https://hdl.handle.net/1721.1/63333 Capital deepening and non-balanced economic growth Acemoglu, Daron; Guerrieri, Veronica August 15, 2006 2006-01-01T00:00:00Z Current account deficits in the Euro area : the end of the Feldstein Horioka puzzle? https://hdl.handle.net/1721.1/63332 Current account deficits in the Euro area : the end of the Feldstein Horioka puzzle? Blanchard, Olivier; Giavazzi, Francesco Title from cover; September 17, 2002 2002-01-01T00:00:00Z Credible neologisms in games of communication https://hdl.handle.net/1721.1/63331 Credible neologisms in games of communication Farrell, Joseph June 1985; Includes appendix 1985-01-01T00:00:00Z Civil Rights, the war on poverty, and black-white convergence in infant mortality in the rural South and Mississippi https://hdl.handle.net/1721.1/63330 Civil Rights, the war on poverty, and black-white convergence in infant mortality in the rural South and Mississippi Almond, Douglas; Chay, Kenneth Y.; Greenstone, Michael December 31, 2006 2006-01-01T00:00:00Z Coalition formation in non-democracies https://hdl.handle.net/1721.1/63329 Coalition formation in non-democracies Acemoglu, Daron; Egorov, Georgy; Sonin, Konstantin Originally titled Coalition formation in political games; November 30, 2009. Revised: Dec. 31, 2007 & Sept. 14, 2009 2009-01-01T00:00:00Z Comparative advantage and the cross-section of business cycles https://hdl.handle.net/1721.1/63328 Comparative advantage and the cross-section of business cycles Kraay, Aart; Ventura, Jaume January 2001.; December 2000--Abstract 2001-01-01T00:00:00Z The Co-movement of housing sales and housing prices : empirics and theory https://hdl.handle.net/1721.1/63327 The Co-movement of housing sales and housing prices : empirics and theory Wheaton, William C.; Lee, Nai Jia March 1, 2009 2009-01-01T00:00:00Z Cross-sectional dynamics in a two-sided matching model https://hdl.handle.net/1721.1/63326 Cross-sectional dynamics in a two-sided matching model Smith, Lones A. 1995-01-01T00:00:00Z Country portfolios https://hdl.handle.net/1721.1/63325 Country portfolios Kraay, Aart July 2000 2000-01-01T00:00:00Z Competition and efficiency in congested markets https://hdl.handle.net/1721.1/63324 Competition and efficiency in congested markets Acemoglu, Daron; Ozdaglar, Asuman E. February 17, 2005 2005-01-01T00:00:00Z Cheap talk, neologisms, and bargaining https://hdl.handle.net/1721.1/63323 Cheap talk, neologisms, and bargaining Farrell, Joseph; Gibbons, Robert 1988-01-01T00:00:00Z Corporate governance and merger activity in the U.S. : making sense of the 1980s and 1990s https://hdl.handle.net/1721.1/63322 Corporate governance and merger activity in the U.S. : making sense of the 1980s and 1990s Holmstrm, Bengt; Kaplan, Steven N. Title from cover; February 2001. First draft: September 2000, this draft: February 19, 2001--Abstract 2001-01-01T00:00:00Z Consumer differences and prices in a search model https://hdl.handle.net/1721.1/63321 Consumer differences and prices in a search model Diamond, Peter A. December 1985 1985-01-01T00:00:00Z Contract renegotiation and coasian dynamics https://hdl.handle.net/1721.1/63320 Contract renegotiation and coasian dynamics Hart, Oliver D.; Tirole, Jean 1987-01-01T00:00:00Z Bias corrected instrumental variables estimation for dynamic panel models with fixed effects https://hdl.handle.net/1721.1/63319 Bias corrected instrumental variables estimation for dynamic panel models with fixed effects Hahn, Jinyong; Hausman, Jerry A.; Kuersteiner, Guido M. Title from cover; June 2001 2001-01-01T00:00:00Z The brain drain, international integration of markets for professionals and unemployment; a theoretical analysis https://hdl.handle.net/1721.1/63318 The brain drain, international integration of markets for professionals and unemployment; a theoretical analysis Bhagwati, Jagdish N.; Hamada, Koichi 1973-01-01T00:00:00Z The Co-movement of housing sales and housing prices : empirics and theory https://hdl.handle.net/1721.1/63317 The Co-movement of housing sales and housing prices : empirics and theory Wheaton, William C.; Lee, Nai Jia March 1, 2009, revised: May 24, 2009 2009-01-01T00:00:00Z Competition and efficiency in congested markets https://hdl.handle.net/1721.1/63316 Competition and efficiency in congested markets Acemoglu, Daron; Ozdaglar, Asuman E. January 20, 2006 2006-01-01T00:00:00Z Basins of attraction, long run equilibria, and the speed of step-by-step evolution https://hdl.handle.net/1721.1/63315 Basins of attraction, long run equilibria, and the speed of step-by-step evolution Ellison, Glenn 1995-01-01T00:00:00Z Commercial expansion and the industrial revolution https://hdl.handle.net/1721.1/63314 Commercial expansion and the industrial revolution Kindleberger, Charles Poor 1975-01-01T00:00:00Z Comparative advantage, trade and payments in a Ricardian model with a continuum of goods https://hdl.handle.net/1721.1/63313 Comparative advantage, trade and payments in a Ricardian model with a continuum of goods Dornbusch, Rudiger; Fischer, Stanley; Samuelson, Paul A. 1976-01-01T00:00:00Z Bargaining over risky assets https://hdl.handle.net/1721.1/63312 Bargaining over risky assets Yildiz, Muhamet Title from cover; October 2001; October 17, 2001--Added t.p 2001-01-01T00:00:00Z Crises and prices : information aggregation, multiplicity and volatility https://hdl.handle.net/1721.1/63311 Crises and prices : information aggregation, multiplicity and volatility Angeletos, Marios; Werning, Ivn December 14, 2004 2004-01-01T00:00:00Z Credit market imperfections and separation of ownership from control as a strategic decision https://hdl.handle.net/1721.1/63310 Credit market imperfections and separation of ownership from control as a strategic decision Acemoglu, Daron First version: August 1991, Current version: Oct. 1993--2nd prelim. p 1993-01-01T00:00:00Z Complexity and financial panics https://hdl.handle.net/1721.1/63309 Complexity and financial panics Caballero, Ricardo J.; Simsek, Alp May 15, 2009. Revision: June 17, 2009 2009-01-01T00:00:00Z Contours of employment protection reform https://hdl.handle.net/1721.1/63308 Contours of employment protection reform Blanchard, Olivier; Tirole, Jean November 1, 2003 2003-01-01T00:00:00Z A classification and retrieval system for economic data https://hdl.handle.net/1721.1/63307 A classification and retrieval system for economic data Schmalensee, Richard 1968-01-01T00:00:00Z Creative destruction and development : institutions, crises, and restructuring https://hdl.handle.net/1721.1/63306 Creative destruction and development : institutions, crises, and restructuring Caballero, Ricardo J.; Hammour, Mohamad L. August 2000; July 20, 2000--Added t.p 2000-01-01T00:00:00Z Competing engines of growth : innovation and standardization https://hdl.handle.net/1721.1/63305 Competing engines of growth : innovation and standardization Acemoglu, Daron; Gancia, Gino A.; Zilibotti, Fabrizio April 23, 2010 2010-01-01T00:00:00Z Commuting, Ricardian rent and house price appreciation in cities with dispersed employment and mixed land-use https://hdl.handle.net/1721.1/63304 Commuting, Ricardian rent and house price appreciation in cities with dispersed employment and mixed land-use Wheaton, William C. March 2002 2002-01-01T00:00:00Z Cheap talk can matter in bargaining https://hdl.handle.net/1721.1/63303 Cheap talk can matter in bargaining Farrell, Joseph; Gibbons, Robert 1988-01-01T00:00:00Z The blind men and the elephant : an essay on isms https://hdl.handle.net/1721.1/63302 The blind men and the elephant : an essay on isms Domar, Evsey D. 1988-01-01T00:00:00Z Cross country inequality trends https://hdl.handle.net/1721.1/63301 Cross country inequality trends Acemoglu, Daron February 2002.; February 7, 2002--Abstract 2002-01-01T00:00:00Z A collapse of the fixed rate regime with a discrete alignment of the exchange rate https://hdl.handle.net/1721.1/63300 A collapse of the fixed rate regime with a discrete alignment of the exchange rate Otani, Kiyoshi 1986-01-01T00:00:00Z The causes of slavery: a hypothesis https://hdl.handle.net/1721.1/63299 The causes of slavery: a hypothesis Domar, Evsey D. Presented to the Economic History Association 1969-01-01T00:00:00Z Collective risk management in a flight to quality episode https://hdl.handle.net/1721.1/63298 Collective risk management in a flight to quality episode Caballero, Ricardo J.; Krishnamurthy, Arvind January 29, 2007 2007-01-01T00:00:00Z Communication equilibrium in games https://hdl.handle.net/1721.1/63297 Communication equilibrium in games Farrell, Joseph 1985-01-01T00:00:00Z Capital taxation : quantitative exploration of the inverse Euler equation https://hdl.handle.net/1721.1/63296 Capital taxation : quantitative exploration of the inverse Euler equation Farhi, Emmanuel; Werning, Ivn November 30, 2005 2005-01-01T00:00:00Z Assortative matching and search https://hdl.handle.net/1721.1/63295 Assortative matching and search Shimer, Robert; Smith, Lones A. 1997-01-01T00:00:00Z Aggregate comparative statics https://hdl.handle.net/1721.1/63294 Aggregate comparative statics Acemoglu, Daron; Jensen, Martin Kaae February 22, 2009 2009-01-01T00:00:00Z An asymmetric least squares test of heteroscedasticity https://hdl.handle.net/1721.1/63293 An asymmetric least squares test of heteroscedasticity Newey, Whitney K.; Powell, James 1984-01-01T00:00:00Z An approximate folk theorem with imperfect private information https://hdl.handle.net/1721.1/63292 An approximate folk theorem with imperfect private information Fudenberg, Drew; Levine, David K. 1989-01-01T00:00:00Z American economic growth in the nineteenth century https://hdl.handle.net/1721.1/63291 American economic growth in the nineteenth century Temin, Peter 1974-01-01T00:00:00Z The aggregate matching function https://hdl.handle.net/1721.1/63290 The aggregate matching function Blanchard, Olivier; Diamond, Peter A. 1989-01-01T00:00:00Z An analysis of Boston voting patterns 1963-67, https://hdl.handle.net/1721.1/63289 An analysis of Boston voting patterns 1963-67, Fisher, Ellen P.; Fisher, Franklin M. 1968-01-01T00:00:00Z An Aging society : opportunity of challenge https://hdl.handle.net/1721.1/63288 An Aging society : opportunity of challenge Cutler, David M. May 1990. -- April 1990.--3rd prelim. page 1990-01-01T00:00:00Z Are Japanese stock prices too high? https://hdl.handle.net/1721.1/63287 Are Japanese stock prices too high? French, Kenneth R.; Poterba, James M. February 1989. -- Revised February 1990 1990-01-01T00:00:00Z An analysis and evaluation of final offer arbitration https://hdl.handle.net/1721.1/63286 An analysis and evaluation of final offer arbitration Farber, Henry S. 1979-01-01T00:00:00Z Alternative policy rankings in a large, open economy with sector-specific minimum wages https://hdl.handle.net/1721.1/63285 Alternative policy rankings in a large, open economy with sector-specific minimum wages Bhagwati, Jagdish N.; Srinivasan, T. N. 1969-01-01T00:00:00Z Air quality, infant mortality, and the Clean Air Act of 1970 https://hdl.handle.net/1721.1/63284 Air quality, infant mortality, and the Clean Air Act of 1970 Chay, Kenneth Y.; Greenstone, Michael August 2003 2003-01-01T00:00:00Z Asset management with trading uncertainty https://hdl.handle.net/1721.1/63283 Asset management with trading uncertainty Foley, Duncan K.; Srinivasan, T. N. 1973-01-01T00:00:00Z The antebellum tariff on cotton textiles revisited https://hdl.handle.net/1721.1/63282 The antebellum tariff on cotton textiles revisited Irwin, Douglas A.; Temin, Peter September 2000; July 20, 2000--Added t.p 2000-01-01T00:00:00Z The allocation of attention : theory and evidence https://hdl.handle.net/1721.1/63281 The allocation of attention : theory and evidence Gabaix, Xavier; Laibson, David I.; Moloche, Guillermo August 29, 2003 2003-01-01T00:00:00Z The Anglo-American business cycle, 1820-1860, https://hdl.handle.net/1721.1/63280 The Anglo-American business cycle, 1820-1860, Temin, Peter 1972-01-01T00:00:00Z Annuities and individual welfare https://hdl.handle.net/1721.1/63279 Annuities and individual welfare Davidoff, Thomas; Brown, Jeffrey R.; Diamond, Peter A. May 7, 2003 2003-01-01T00:00:00Z Aggregate volitility in modern Latin America : causes and cures https://hdl.handle.net/1721.1/63278 Aggregate volitility in modern Latin America : causes and cures Caballero, Ricardo J. June 2000; May 31, 2000--Added t.p 2000-01-01T00:00:00Z Allocating and abrogating rights : how could conflicts be resolved under incomplete information? https://hdl.handle.net/1721.1/63277 Allocating and abrogating rights : how could conflicts be resolved under incomplete information? Farrell, Joseph May 1985. Rev 1985-01-01T00:00:00Z Asset allocation and asset location : household evidence from the survey of consumer finances https://hdl.handle.net/1721.1/63276 Asset allocation and asset location : household evidence from the survey of consumer finances Bergstresser, Daniel; Poterba, James M. September 2002.; March 2001, revised September 2002--Abstract; Note: Previously titled Asset Allocation and Asset Location Decisions: Evidence from the Survey of Consumer Finances--SSRN abstract page 2002-01-01T00:00:00Z The asymptotic variance of semiparametric estimators https://hdl.handle.net/1721.1/63275 The asymptotic variance of semiparametric estimators Newey, Whitney K. Rev. July 1991 1991-01-01T00:00:00Z Aggregate investment https://hdl.handle.net/1721.1/63274 Aggregate investment Caballero, Ricardo J. 1997-01-01T00:00:00Z Aggregating infinite utility streams with inter-generational equity https://hdl.handle.net/1721.1/63273 Aggregating infinite utility streams with inter-generational equity Basu, Kaushik; Mitra, Tapan April 26, 2002 2002-01-01T00:00:00Z Auctioning incentive contracts https://hdl.handle.net/1721.1/63272 Auctioning incentive contracts Laffont, Jean-Jacques November 1985 1985-01-01T00:00:00Z Asymptotically unbiased inference for a dynamic panel model with fixed effects when both n and T are large https://hdl.handle.net/1721.1/63271 Asymptotically unbiased inference for a dynamic panel model with fixed effects when both n and T are large Hahn, Jinyong; Kuersteiner, Guido M. Title from cover; December 2000 2000-01-01T00:00:00Z Asymmetric business cycles : theory and time-series evidence https://hdl.handle.net/1721.1/63270 Asymmetric business cycles : theory and time-series evidence Acemoglu, Daron; Scott, Andrew 1995-01-01T00:00:00Z Alternative estimates of the real cost of aid, https://hdl.handle.net/1721.1/63269 Alternative estimates of the real cost of aid, Bhagwati, Jagdish N. 1969-01-01T00:00:00Z Aggregate production functions: some CES experiments https://hdl.handle.net/1721.1/63268 Aggregate production functions: some CES experiments Fisher, Franklin M.; Solow, Robert M.; Kearl, J. R. 1974-01-01T00:00:00Z An assessment of the proposals of the President's Commission to Strengthen Social Security https://hdl.handle.net/1721.1/63267 An assessment of the proposals of the President's Commission to Strengthen Social Security Diamond, Peter A.; Orszag, Peter R. July 2002 2002-01-01T00:00:00Z Annuities and individual welfare https://hdl.handle.net/1721.1/63266 Annuities and individual welfare Davidoff, Thomas; Brown, Jeffrey P.; Diamond, Peter A. May 7, 2003. -- Revised: March 17, 2005 2005-01-01T00:00:00Z The alternative minimum tax and effective marginal tax rates https://hdl.handle.net/1721.1/63265 The alternative minimum tax and effective marginal tax rates Feenberg, Daniel; Poterba, James M. October 2003 2003-01-01T00:00:00Z Anticipations and the non-neutrality of money II https://hdl.handle.net/1721.1/63264 Anticipations and the non-neutrality of money II Fischer, Stanley Research support from the National Science Foundation is gratefully acknowleged (sic) 1977-01-01T00:00:00Z Alvin H. Hansen's contributions to business cycle analysis https://hdl.handle.net/1721.1/63263 Alvin H. Hansen's contributions to business cycle analysis Brown, E. Cary 1989-01-01T00:00:00Z Aggregate production functions and the explanation of wages: a simulation experiment, https://hdl.handle.net/1721.1/63262 Aggregate production functions and the explanation of wages: a simulation experiment, Fisher, Franklin M. 1970-01-01T00:00:00Z Are Emily and Greg more employable than Lakisha and Jamal? a field experiment on labor market discrimination https://hdl.handle.net/1721.1/63261 Are Emily and Greg more employable than Lakisha and Jamal? a field experiment on labor market discrimination Bertrand, Marianne; Mullainathan, Sendhil May 27, 2003 2003-01-01T00:00:00Z Adjustment is much slower than you think https://hdl.handle.net/1721.1/63259 Adjustment is much slower than you think Caballero, Ricardo J.; Engel, Eduardo July 21, 2003 2003-01-01T00:00:00Z Agents with and without principles https://hdl.handle.net/1721.1/63258 Agents with and without principles Bertrand, Marianne; Mullainathan, Sendhil Title from cover; January 2000; January 14, 2000--Caption title 2000-01-01T00:00:00Z Adoption of technologies with network effects : an empirical examination of the adoption of automated teller machines https://hdl.handle.net/1721.1/63257 Adoption of technologies with network effects : an empirical examination of the adoption of automated teller machines Saloner, Garth; Shepard, Andrea April 1991 1991-01-01T00:00:00Z An African success story : Botswana https://hdl.handle.net/1721.1/63256 An African success story : Botswana Acemoglu, Daron; Johnson, Simon; Robinson, James A. July, 2001; July 11, 2001--Abstract; p. 34-39 inserted twice in binding process 2001-01-01T00:00:00Z 100 years of commercial real estate prices in Manhattan https://hdl.handle.net/1721.1/63255 100 years of commercial real estate prices in Manhattan Wheaton, William C.; Baranski, Mark S.; Templeton, Cesarina A. December 10, 2007 2007-01-01T00:00:00Z Adjusting the gross changes data : implications for labor market dynamics https://hdl.handle.net/1721.1/63254 Adjusting the gross changes data : implications for labor market dynamics Poterba, James M.; Summers, Lawrence H. 1984-01-01T00:00:00Z Agency costs in the process of development https://hdl.handle.net/1721.1/63253 Agency costs in the process of development Acemoglu, Daron; Zilibotti, Fabrizio 1996-01-01T00:00:00Z Access pricing and competition https://hdl.handle.net/1721.1/63252 Access pricing and competition Laffont, Jean-Jacques; Tirole, Jean July, 1994 1994-01-01T00:00:00Z The 6D bias and the equity premium puzzle https://hdl.handle.net/1721.1/63251 The 6D bias and the equity premium puzzle Gabaix, Xavier; Laibson, David I. June 2001.; Current draft: June 24, 2001. First draft: August 15, 2000--Abstract 2001-01-01T00:00:00Z The age of reason : financial decisions over the lifecycle https://hdl.handle.net/1721.1/63250 The age of reason : financial decisions over the lifecycle Agarwal, Sumit March 15, 2007. -- Current version: March 19, 2007--p. 1; Statement of responsibility on t.p. reads: Sumit Agarwal, John Driscoll, Xavier Gabaix and David Laibson 2007-01-01T00:00:00Z Adjustment with the euro : the difficult case of Portugal https://hdl.handle.net/1721.1/63249 Adjustment with the euro : the difficult case of Portugal Blanchard, Olivier February 23, 2006 2006-01-01T00:00:00Z Admissible invariant similar tests for instrumental variables regression https://hdl.handle.net/1721.1/63248 Admissible invariant similar tests for instrumental variables regression Chernozhukov, Victor; Hansen, Christian Bailey; Jansson, Michael March 12, 2007 2007-01-01T00:00:00Z Adjustment with the Euro : the difficult case of Portugal https://hdl.handle.net/1721.1/63247 Adjustment with the Euro : the difficult case of Portugal Blanchard, Olivier February 23, 2006. -- Revised: November 11, 2006 2006-01-01T00:00:00Z The age of reason : financial decisions over the lifecycle https://hdl.handle.net/1721.1/63246 The age of reason : financial decisions over the lifecycle Agarwal, Sumit March 15, 2007. -- Revised: June 7, 2007; Statement of responsibility on t.p. reads: Sumit Agarwal, John Driscoll, Xavier Gabaix and David Laibson 2007-01-01T00:00:00Z Access pricing and competition https://hdl.handle.net/1721.1/63245 Access pricing and competition Laffont, Jean-Jacques; Tirole, Jean July 1994 1994-01-01T00:00:00Z 401(k) plans and tax-deferred savings https://hdl.handle.net/1721.1/63244 401(k) plans and tax-deferred savings Poterba, James M.; Venti, Steven F.; Wise, David A. 1992-01-01T00:00:00Z