The Cowles Foundation for Research in Economics at Yale University has as its purpose the conduct and encouragement of research in economics. The Cowles Foundation seeks to foster the development and application of rigorous logical, mathematical, and statistical methods of analysis. Among its activities, the Cowles Foundation provides financial support for research, visiting faculty, postdoctoral fellowships, workshops, and graduate students. Cowles regularly sponsors conferences and publishes a working paper series, a reprint series, and monographs.

Follow


Submissions from 2016

PDF

Product Variety, Across-Market Demand Heterogeneity, and the Value of Online Retail, Thomas W. Quan and Kevin R. Williams

PDF

Three Essays on the Theory of Money and Financial Institutions Essay 2: The Exchange Economy, Money, and Markets, Martin Shubik

PDF

Aggregation of Preferences and the Structure of Decisive Sets, Donald J. Brown

PDF

Cooperative and Noncooperative Solutions, and the 'Game within a Game', Martin Shubik and Michael R. Powers

PDF

Nonlinear Tax Incidence and Optimal Taxation in General Equilibrium, Dominik Sachs, Aleh Tsyvinski, and Nicolas Werquin

PDF

Uniqueness and Stability of Equilibrium in Economies with Two Goods, John Geanakoplos and Kieran James Walsh

PDF

Common Ownership, Competition, and Top Management Incentives, Miguel Antón, Florian Ederer, Mireia Giné, and Martin Schmalz

PDF

Consumers on a Leash: Advertised Sales and Intertemporal Price Discrimination, Aniko Öry

PDF

Contracting with Word-of-Mouth Management, Yuichiro Kamada and Aniko Öry (Oery)

PDF

Contracting with Word-of-Mouth Management, Yuichiro Kamada and Aniko Öry (Oery)

PDF

Contracting with Word-of-Mouth Management, Yuichiro Kamada and Aniko Öry (Oery)

PDF

The Design and Price of Information, Dirk Bergemann, Alessandro Bonatti, and Alex Smolin

PDF

The Design and Price of Information, Dirk Bergemann, Alessandro Bonatti, and Alex Smolin

PDF

Doing More When You're Running LATE: Applying Marginal Treatment Effect Methods to Examine Treatment Effect Heterogeneity in Experiments, Amanda E. Kowalski

PDF

Simple and Honest Confidence Intervals in Nonparametric Regression, Timothy B. Armstrong and Michal Kolesár

PDF

Simple and Honest Confidence Intervals in Nonparametric Regression, Timothy B. Armstrong and Michal Kolesár

PDF

Simple and Honest Confidence Intervals in Nonparametric Regression, Timothy B. Armstrong and Michal Kolesár

PDF

Simple and Honest Confidence Intervals in Nonparametric Regression, Timothy B. Armstrong and Michal Kolesár

PDF

Energy Prices, Pass-Through, and Incidence in U.S. Manufacturing, Sharat Ganapati, Joseph S. Shapiro, and Reed Walker

PDF

Expected Worth for 2 × 2 Matrix Games with Variable Grid Sizes, Michael R. Powers, Martin Shubik, and Wen Wang

PDF

Expected Worth for 2 × 2 Matrix Games with Variable Grid Sizes, Michael R. Powers, Martin Shubik, and Wen Wang

PDF

MCMC Confidence Sets for Identified Sets, Xiaohong Chen, Timothy M. Christensen, and Elie Tamer

MCMC Confidence Sets for Identified Sets, Xiaohong Chen, Timothy M. Christensen, and Elie Tamer

PDF

Mechanism Design with Partially Verifiable Information, Roland Strausz

PDF

Money and Status: How Best to Incentivize Work, Pradeep Dubey and John Geanakoplos

PDF

Monte Carlo Confidence Sets for Identified Sets, Xiaohong Chen, Timothy M. Christensen, and Elie Tamer

PDF

Optimal Inference in a Class of Regression Models, Timothy B. Armstrong and Michal Kolesár

PDF

Optimal Inference in a Class of Regression Models, Timothy B. Armstrong and Michal Kolesár

PDF

Optimal Inference in a Class of Regression Models, Timothy B. Armstrong and Michal Kolesár

PDF

Reputation Building Under Uncertain Monitoring, Joyee Deb and Yuhta Ishii

PDF

Reputation with Opportunities for Coasting, Heski Bar-Isaac and Joyee Deb

PDF

The Incidence of Carbon Taxes in U.S. Manufacturing: Lessons from Energy Cost Pass-through, Sharat Ganapati, Joseph S. Shapiro, and Reed Walker

PDF

The Incidence of Carbon Taxes in U.S. Manufacturing: Lessons from Energy Cost Pass-through, Sharat Ganapati, Joseph S. Shapiro, and Reed Walker

PDF

The Incidence of Carbon Taxes in U.S. Manufacturing: Lessons from Energy Cost Pass-through, Sharat Ganapati, Joseph S. Shapiro, and Reed Walker

PDF

Motivational Ratings, Johannes Hörner and Nicolas Lambert

PDF

Three Essays on the Theory of Money and Financial Institutions: Essay 1: A Nontechnical Overview, Martin Shubik

PDF

Three Lectures on the Theory of Money and Financial Institutions: Lecture 1: A Nontechnical Overview, Martin Shubik

PDF

Dynamic Equality of Opportunity, John E. Roemer and Burak Unveren

PDF

Methods for Nonparametric and Semiparametric Regressions with Endogeneity: a Gentle Guide, Xiaohong Chen and Yin Jia Qiu

PDF

Simple Nonparametric Estimators for the Bid-Ask Spread in the Roll Model, Xiaohong Chen, Oliver B. Linton, and Stefan Schneeberger

PDF

The Optimal Distribution of Income Revisited, Ray C. Fair

PDF

Popular Attitudes Towards Markets and Democracy: Russia and United States Compared 25 Years Later, Maxim Boycko and Robert J. Shiller

PDF

How Fast Do Equilibrium Payoff Sets Converge in Repeated Games?, Johannes Hörner and Satoru Takahashi

PDF

Information Design, Bayesian Persuasion and Bayes Correlated Equilibrium, Dirk Bergemann and Stephen Morris

PDF

The Extensive Margin of Exporting Products: A Firm-level Analysis, Costas Arkolakis, Sharat Ganapati, and Marc-Andreas Muendler

Submissions from 2015

PDF

Human Capital Development and Parental Investment in India, Orazio P. Attanasio, Costas Meghir, and Emily Nix

PDF

Human Capital Development and Parental Investment in India, Orazio P. Attanasio, Costas Meghir, and Emily Nix

PDF

Human Capital Development and Parental Investment in India, Orazio P. Attanasio, Costas Meghir, and Emily Nix

PDF

Long Term Effects of Experience During Youth: Evidence From Consumptions in China, K. Sudhir and Ishani Tewari

PDF

Long Term Effects of “Prosperity in Youth” on Consumption: Evidence from China, K. Sudhir and Ishani Tewari

PDF

Optimal Product Variety in Radio Markets, Steven T. Berry, Alon Eizenberg, and Joel Waldfogel

PDF

Premuneration Values and Investments in Matching Markets, George J. Mailath, Andrew Postlewaite, and Larry Samuelson

PDF

Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth, William D. Nordhaus

PDF

Modeling Uncertainty in Climate Change: A Multi‐Model Comparison, Kenneth Gillingham, William D. Nordhaus, David Anthoff, Geoffrey Blanford, Valentina Bosetti, Peter Christensen, and Haewon McJeon

PDF

First Price Auctions with General Information Structures: Implications for Bidding and Revenue, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

Efficient Estimation of Multivariate Semi-nonparametric GARCH Filtered Copula Models, Xiaohong Chen, Zhuo Huang, and Yanping Yi

PDF

First Price Auctions with General Information Structures: Implications for Bidding and Revenue, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

First Price Auctions with General Information Structures: Implications for Bidding and Revenue, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

First Price Auctions with General Information Structures: Implications for Bidding and Revenue, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

Identification in Differentiated Products Markets, Steven T. Berry and Philip A. Haile

PDF

Information and Market Power, Dirk Bergemann, Tibor Heumann, and Stephen Morris

PDF

Information and Market Power, Dirk Bergemann, Tibor Heumann, and Stephen Morris

PDF

Introduction to JET Symposium Issue on ‘Dynamic Contracts and Mechanism Design, Dirk Bergemann and Alessandro Pavan

PDF

Team Production, Endogenous Learning about Abilities and Career Concerns, Evangelia Chalioti

PDF

An Analysis of Top Trading Cycles in Two-Sided Matching Markets, Yeon-Koo Che and Olivier Tercieux

PDF

Efficiency and Stability in Large Matching Markets, Yeon-Koo Che and Olivier Tercieux

PDF

Identification of Nonparametric Simultaneous Equations Models with a Residual Index Structure, Steven T. Berry and Philip A. Haile

PDF

Identification of Nonparametric Simultaneous Equations Models with a Residual Index Structure, Steven T. Berry and Philip A. Haile

PDF

Inference Based on Many Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Inference Based on Many Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Inference in Near Singular Regression, Peter C.B. Phillips

PDF

Information Limits of Aggregate Data, Ray C. Fair

PDF

Payoff Equivalence of Efficient Mechanisms in Large Matching Markets, Yeon-Koo Che and Olivier Tercieux

PDF

Sieve Semiparametric Two-Step GMM under Weak Dependence, Xiaohong Chen and Zhipeng Liao

PDF

Business Cycles, Trend Elimination, and the HP Filter, Peter C.B. Phillips and Sainan Jin

PDF

Edmond Malinvaud: A Tribute to His Contributions in Econometrics, Peter C.B. Phillips

PDF

Hot Property in New Zealand: Empirical Evidence of Housing Bubbles in the Metropolitan, Ryan Greenaway-McGrevy and Peter C.B. Phillips

PDF

Investment Horizons and Price Indeterminacy in Financial Markets, Shinichi Hirota, Juergen Huber, Thomas Stöckl, and Shyam Sunder

PDF

Minimum Distance Testing and Top Income Shares in Korea, Jin Seo Cho, Myung-Ho Park, and Peter C.B. Phillips

PDF

Pitfalls and Possibilities in Predictive Regression, Peter C.B. Phillips

PDF

Testing Mean Stability of Heteroskedastic Time Series, Violetta Dalla, Liudas Giraitis, and Peter C.B. Phillips

PDF

Optimal Design for Social Learning, Yeon-Koo Che and Johannes Hörner

PDF

Overidentification in Regular Models, Xiaohong Chen and Andres Santos

PDF

Overidentification in Regular Models, Xiaohong Chen and Andres Santos

PDF

The Dynamics of Capital Accumulation in the US: Simulations after Piketty, Philippe De Donder and John E. Roemer

PDF

The Dynamics of Capital Accumulation in the US: Simulations after Piketty, Philippe De Donder and John E. Roemer

PDF

Innovation Adoption by Forward-Looking Social Learners, Mira Frick and Yuhta Ishii

PDF

Buying Locally, George J. Mailath, Andrew Postlewaite, and Larry Samuelson

PDF

Insurance in Extended Family Networks, Orazio P. Attanasio, Costas Meghir, and Corina Mommaerts

PDF

Insurance in Extended Family Networks, Orazio P. Attanasio, Costas Meghir, and Corina Mommaerts

PDF

Learning to Disagree in a Game of Experimentation, Alessandro Bonatti and Johannes Hörner

PDF

Pundits and Quacks, Jesper Rudiger and Adrien Vigier

PDF

Relational Contracts with Subjective Peer Evaluations, Joyee Deb, Jin Li, and Arijit Mukherjee

PDF

The Implementation Duality, Georg Nöldeke and Larry Samuelson

PDF

The Implementation Duality, Georg Nöldeke and Larry Samuelson

PDF

The Implementation Duality, Georg Nöldeke and Larry Samuelson

PDF

The Marriage Market, Labor Supply and Education Choice, Pierre-André Chiappori, Monica Costa Dias, and Costas Meghir

PDF

The Marriage Market, Labor Supply and Education Choice, Pierre-André Chiappori, Monica Costa Dias, and Costas Meghir

PDF

Dynamic Mechanisms without Money, Yingni Guo and Johannes Hörner

PDF

Dynamic Moral Hazard without Commitment, Johannes Hörner and Larry Samuelson

PDF

Estimating the Production Function for Human Capital: Results from a Randomized Control Trial in Colombia, Orazio P. Attanasio, Sarah Cattan, Emla Fitzsimons, Costas Meghir, and Marta Rubio-Codina

PDF

Estimating the Production Function for Human Capital: Results from a Randomized Control Trial in Colombia, Orazio P. Attanasio, Sarah Cattan, Emla Fitzsimons, Costas Meghir, and Marta Rubio-Codina

PDF

Estimating the Production Function for Human Capital: Results from a Randomized Control Trial in Colombia, Orazio P. Attanasio, Sarah Cattan, Emla Fitzsimons, Costas Meghir, and Marta Rubio-Codina

PDF

Estimating the Production Function for Human Capital: Results from a Randomized Control Trial in Colombia, Sarah Cattan, Emla Fitzsimons, Costas Meghir, and Marta Rubio-Codina

PDF

Innovation Adoption by Forward-Looking Social Learners, Mira Frick and Yuhta Ishii

PDF

Money as Minimal Complexity, Pradeep Dubey, Siddhartha Sahi, and Martin Shubik

PDF

Transparency and Distressed Sales under Asymmetric Information, William Fuchs and Andrzej Skrzypacz

PDF

Unbiased Instrumental Variables Estimation under Known First-Stage Sign, Isaiah Andrews and Timothy B. Armstrong

PDF

Unbiased Instrumental Variables Estimation under Known First-Stage Sign, Isaiah Andrews and Timothy B. Armstrong

PDF

Unbiased Instrumental Variables Estimation under Known First-Stage Sign, Isaiah Andrews and Timothy B. Armstrong

PDF

Unbiased Instrumental Variables Estimation under Known First-Stage Sign, Isaiah Andrews and Timothy B. Armstrong

PDF

Unbiased Instrumental Variables Estimation under Known First-Stage Sign, Isaiah Andrews and Timothy B. Armstrong

PDF

Unbiased Instrumental Variables Estimation under Known First-Stage Sign, Isaiah Andrews and Timothy B. Armstrong

PDF

Identification- and Singularity-Robust Inference for Moment Condition Models, Donald W.K. Andrews and Patrik Guggenberger

PDF

Medicaid as an Investment in Children: What is the Long-Term Impact on Tax Receipts?, David W. Brown, Amanda E. Kowalski, and Ithai Z. Lurie

PDF

Nonlinear Pricing with Finite Information, Dirk Bergemann, Ji Shen, Yun Xu, and Edmund M. Yeh

PDF

The ‘Peter Pan Syndrome’ in Emerging Markets: The Productivity-Transparency Tradeoff in IT Adoption, K. Sudhir and Debabrata Talukdar

PDF

What Do Longitudinal Data on Millions of Hospital Visits Tell Us about the Value of Public Health Insurance as a Safety Net for the Young and Privately Insured?, Amanda E. Kowalski

PDF

Why is Pollution from U.S. Manufacturing Declining? The Roles of Environmental Regulation, Productivity, and Trade, Joseph S. Shapiro and Reed Walker

PDF

Why is Pollution from U.S. Manufacturing Declining? The Roles of Environmental Regulation, Productivity, and Trade, Joseph S. Shapiro and Reed Walker

PDF

Why is Pollution from U.S. Manufacturing Declining? The Roles of Environmental Regulation, Productivity, and Trade, Joseph S. Shapiro and Reed Walker

PDF

Why is Pollution from U.S. Manufacturing Declining? The Roles of Trade, Regulation, Productivity, and Preferences, Joseph S. Shapiro and Reed Walker

PDF

Why is Pollution from U.S. Manufacturing Declining? The Roles of Trade, Regulation, Productivity, and Preferences, Joseph S. Shapiro and Reed Walker

Submissions from 2014

PDF

A Multivariate Stochastic Unit Root Model with an Application to Derivative Pricing, Offer Lieberman and Peter C.B. Phillips

PDF

A New Hedonic Regression for Real Estate Prices Applied to the Singapore Residential Market, Liang Jiang, Peter C.B. Phillips, and Jun Yu

PDF

A Note on Minimax Testing and Confidence Intervals in Moment Inequality Models, Timothy B. Armstrong

PDF

A Simple Adjustment for Bandwidth Snooping, Timothy B. Armstrong and Michal Kolesár

PDF

A Simple Adjustment for Bandwidth Snooping, Timothy B. Armstrong and Michal Kolesár

PDF

A Simple Adjustment for Bandwidth Snooping, Timothy B. Armstrong and Michal Kolesár

PDF

A Simple Adjustment for Bandwidth Snooping, Timothy B. Armstrong and Michal Kolesár

PDF

Asymptotic Size of Kleibergen's LM and Conditional LR Tests for Moment Condition Models, Donald W.K. Andrews and Patrik Guggenberger

PDF

Dynamic Panel GMM with Near Unity, Peter C.B. Phillips

PDF

Financial Bubble Implosion, Peter C.B. Phillips and Shu-Ping Shi

PDF

Identifying Latent Structures in Panel Data, Liangjun Su, Zhentao Shi, and Peter C.B. Phillips

PDF

Informational Robustness and Solution Concepts, Dirk Bergemann and Stephen Morris

PDF

Informational Robustness and Solution Concepts, Dirk Bergemann and Stephen Morris

PDF

Optimal Uniform Convergence Rates and Asymptotic Normality for Series Estimators under Weak Dependence and Weak Conditions, Xiaohong Chen and Timothy M. Christensen

PDF

Restricted Likelihood Ratio Tests in Predictive Regression, Peter C.B. Phillips and Ye Chen

PDF

Testing Equality of Covariance Matrices via Pythagorean Means, Jin Seo Cho and Peter C.B. Phillips

PDF

The Double Role of Ethnic Heterogeneity in Explaining Welfare-State Generosity, Markus Jäntti, Gerald David Jaynes, and John E. Roemer

PDF

Threshold Regression with Endogeneity, Ping Yu and Peter C.B. Phillips

PDF

True Limit Distributions of the Anderson-Hsiao IV Estimators in Panel Autoregression, Peter C.B. Phillips and Chirok Han

PDF

Weak Convergence to Stochastic Integrals for Econometric Applications, Hanying Liang, Peter C.B. Phillips, Hanchao Wang, and Qiying Wang

PDF

Wealth Effects on World Private Financial Saving, Ray C. Fair

PDF

On the Choice of Test Statistic for Conditional Moment Inequalities, Timothy B. Armstrong

PDF

On the Choice of Test Statistic for Conditional Moment Inequalities, Timothy B. Armstrong

PDF

On the Choice of Test Statistic for Conditional Moment Inequalities, Timothy B. Armstrong

PDF

The Early Impact of the Affordable Care Act State-by-State, Amanda E. Kowalski

PDF

Economics: Between Prediction and Criticism, Itzhak Gilboa, Andrew Postlewaite, Larry Samuelson, and David Schmeidler

PDF

Adaptive Testing on a Regression Function at a Point, Timothy B. Armstrong

PDF

Adaptive Testing on a Regression Function at a Point, Timothy B. Armstrong

PDF

Approximate Solutions of the Walrasian Equilibrium Inequalities with Bounded Marginal Utilities of Income, Donald J. Brown

PDF

Approximate Solutions of Walrasian and Gorman Polar Form Equilibrium Inequalities, Donald J. Brown

PDF

Approximate Solutions of Walrasian Equilibrium Inequalities with Bounded Marginal Utilities of Income, Donald J. Brown

PDF

Strongly Symmetric Equilibria in Bandit Games, Johannes Hörner, Nicolas Klein, and Sven Rady

PDF

Discounting the Distant Future, J. Doyne Farmer, John Geanakoplos, Jaume Masoliver, and Miquel Montero

PDF

Dynamic Revenue Maximization: A Continuous Time Approach, Dirk Bergemann and Philipp Strack

PDF

Dynamic Revenue Maximization: A Continuous Time Approach, Dirk Bergemann and Philipp Strack

PDF

Dynamic Revenue Maximization: A Continuous Time Approach, Dirk Bergemann and Philipp Strack

PDF

Dynamic Revenue Maximization: A Continuous Time Approach, Dirk Bergemann and Philipp Strack

PDF

Games with Money and Status: How Best to Incentivize Work, Pradeep Dubey and John Geanakoplos

PDF

Money and Status: How Best to Incentivize Work, Pradeep Dubey and John Geanakoplos

PDF

Selling Experiments: Menu Pricing of Information, Dirk Bergemann, Alessandro Bonatti, and Alex Smolin

PDF

Changing Times, Changing Values: A Historical Analysis of Sectors within the US Stock Market 1872-2013, Oliver D. Bunn and Robert J. Shiller

PDF

Intrahousehold Inequality, Costas Meghir

PDF

Intra-household Welfare, Costas Meghir

PDF

Simecs, Ithaca Hours, Berkshares, Bitcoins and Walmarts, Martin Shubik

PDF

Investment and Competitive Matching, Georg Nöldeke and Larry Samuelson

PDF

Minimally Complex Exchange Mechanisms: Emergence of Prices, Markets, and Money, Pradeep Dubey, Siddhartha Sahi, and Martin Shubik

PDF

A Model of Multi-pass Search: Price Search across Stores and Time, Navid Mojir and K. Sudhir

PDF

Computational Complexity of the Walrasian Equilibrium Inequalities, Donald J. Brown

PDF

Do Sympathy Biases Induce Charitable Giving? The Effects of Advertising Content, K. Sudhir, Subroto Roy, and Mathew Cherian

PDF

Exploiting the Choice-Consumption Mismatch: A New Approach to Disentangle State Dependence and Heterogeneity, K. Sudhir and Nathan Yang

PDF

How Might a Central Bank Report Uncertainty?, Ray C. Fair

PDF

Price Search Across Stores and Across Time, Navid Mojir and K. Sudhir

PDF

Price Search Across Time and Across Stores, Navid Mojir and K. Sudhir

PDF

Specification Tests for Nonlinear Dynamic Models, Igor Kheifets

PDF

The Financial Crisis and Macroeconomic Activity: 2008-2013, Ray C. Fair

PDF

Varying the Money Supply of Commercial Banks, Martin Shubik and Eric Smith

PDF

Speculative Asset Prices, Robert J. Shiller

PDF

Gaming and Strategic Opacity in Incentive Provision, Florian Ederer, Richard Holden, and Margaret Meyer

PDF

Why Is Housing Finance Still Stuck in Such a Primitive Stage?, Robert J. Shiller

Submissions from 2013

PDF

Emissions, Humberto Llavador, John E. Roemer, and Joaquim Silvestre

PDF

Information and Volatility, Dirk Bergemann, Tibor Heumann, and Stephen Morris

PDF

Information and Volatility, Dirk Bergemann, Tibor Heumann, and Stephen Morris

PDF

Information, Interdependence, and Interaction: Where Does the Volatility Come From?, Dirk Bergemann, Tibor Heumann, and Stephen Morris

PDF

Promises and Expectations, Florian Ederer and Alexander Stremitzer

PDF

Promises and Expectations, Florian Ederer and Alexander Stremitzer

PDF

Truthful Equilibria in Dynamic Bayesian Games, Johannes Hörner, Satoru Takahashi, and Nicolas Vieille

PDF

Truthful Equilibria in Dynamic Bayesian Games, Johannes Hörner, Satoru Takahashi, and Nicolas Vieille

PDF

Uncertain Growth and the Value of the Future, Jaume Masoliver, Miquel Montero, John Geanakoplos, and J. Doyne Farmer

PDF

Uniform Consistency of Nonstationary Kernel-Weighted Sample Covariances for Nonparametric Regression, Degui Li, Peter C.B. Phillips, and Jiti Gao

PDF

Extremal Information Structures in the First Price Auction, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

Fairness through the Lens of Cooperative Game Theory: An Experimental Approach, Geoffroy de Clippel and Kareen Rozen

PDF

Inference on Optimal Treatment Assignments, Timothy B. Armstrong and Shu Shen

PDF

Inference on Optimal Treatment Assignments, Timothy B. Armstrong and Shu Shen

PDF

Inference on Optimal Treatment Assignments, Timothy B. Armstrong and Shu Shen

PDF

New Goodness-of-fit Diagnostics for Conditional Discrete Response Models, Igor Kheifets and Carlos Velasco

PDF

New Goodness-of-fit Diagnostics for Conditional Discrete Response Models, Igor Kheifets and Carlos Velasco

PDF

Optimal Sup-norm Rates, Adaptivity and Inference in Nonparametric Instrumental Variables Estimation, Xiaohong Chen and Timothy M. Christensen

PDF

Optimal Uniform Convergence Rates for Sieve Nonparametric Instrumental Variables Regression, Xiaohong Chen and Timothy M. Christensen

PDF

Barefoot and Footloose Doctors: Optimal Resource Allocation in Developing Countries with Medical Migration, John E. Roemer and Pedro Rosa Dias

PDF

Equality of Opportunity, John E. Roemer and Alain Trannoy

PDF

Model Selection in the Presence of Incidental Parameters, Yoonseok Lee and Peter C.B. Phillips

PDF

Selling Cookies, Dirk Bergemann and Alessandro Bonatti

PDF

Selling Cookies, Dirk Bergemann and Alessandro Bonatti

PDF

Selling Cookies, Dirk Bergemann and Alessandro Bonatti

PDF

Bayes Correlated Equilibrium and the Comparison of Information Structures in Games, Dirk Bergemann and Stephen Morris

PDF

Correlated Equilibrium and the Comparison of Information Structures in Games, Dirk Bergemann and Stephen Morris

PDF

Estimating Smooth Structural Change in Cointegration Models, Jiti Gao, Degui Li, and Peter C.B. Phillips

PDF

Functional Coefficient Nonstationary Regression, Jiti Gao and Peter C.B. Phillips

PDF

Norming Rates and Limit Theory for Some Time-Varying Coefficient Autoregressions, Offer Lieberman and Peter C.B. Phillips

PDF

Reflections on Macroeconometric Modeling, Ray C. Fair

PDF

Reviewing the Leverage Cycle, Ana Fostel and John Geanakoplos

PDF

Testing for Multiple Bubbles: Historical Episodes of Exuberance and Collapse in the S&P 500, Peter C.B. Phillips, Shu-Ping Shi, and Jun Yu

PDF

Testing for Multiple Bubbles: Limit Theory of Real Time Detectors, Peter C.B. Phillips, Shu-Ping Shi, and Jun Yu

PDF

Testing Linearity Using Power Transforms of Regressors, Yae In Baek, Jin Seo Cho, and Peter C.B. Phillips

PDF

Testing the Martingale Hypothesis, Peter C.B. Phillips and Sainan Jin

PDF

The Comparison of Information Structures in Games: Bayes Correlated Equilibrium and Individual Sufficiency, Dirk Bergemann and Stephen Morris

PDF

The Comparison of Information Structures in Games: Bayes Correlated Equilibrium and Individual Sufficiency, Dirk Bergemann and Stephen Morris

PDF

The Evolution of ‘Theory of Mind:’ Theory and Experiments, Erik O. Kimbrough, Nikolaus Robalino, and Arthur Robson

PDF

The Evolution of ‘Theory of Mind’: Theory and Experiments, Erik O. Kimbrough, Nikolaus Robalino, and Arthur Robson

PDF

Unit Roots in Life — A Graduate Student Story, Peter C.B. Phillips

PDF

Afriat from MaxMin, John Geanakoplos

PDF

Collateral Equilibrium: A Basic Framework, John Geanakoplos and William R. Zame

PDF

Identification and Estimation in Two-Sided Matching Markets, Nikhil Agarwal and William Diamond

PDF

Optimal Sup-Norm Rates and Uniform Inference on Nonlinear Functionals of Nonparametric IV Regression, Xiaohong Chen and Timothy M. Christensen

PDF

Competing for Consumer Inattention, Geoffroy de Clippel, Kfir Eliaz, and Kareen Rozen

PDF

Financial Innovation, Collateral and Investment, Ana Fostel and John Geanakoplos

PDF

Financial Innovation, Collateral and Investment, Ana Fostel and John Geanakoplos

PDF

Nonparametric Analysis of Random Utility Models: Testing, Yuichi Kitamura and Jörg Stoye

PDF

Sequential Information Disclosure in Auctions, Dirk Bergemann and Achim Wambach

PDF

Sequential Information Disclosure in Auctions, Dirk Bergemann and Achim Wambach

PDF

Adverse Selection and an Individual Mandate: When Theory Meets Practice, Martin B. Hackmann, Jonathan T. Kolstad, and Amanda E. Kowalski

PDF

Affective Utilities: A Rational Theory of Optimistic Bias in Asset Markets, Anat Bracha and Donald J. Brown

PDF

(Ir)Rational Exuberance: Optimism, Ambiguity and Risk, Anat Bracha and Donald J. Brown

PDF

Likelihood Inference in Some Finite Mixture Models, Xiaohong Chen, Maria Ponomareva, and Elie Tamer

PDF

Reflections on Finance and the Good Society, Robert J. Shiller

PDF

Sieve Quasi Likelihood Ratio Inference on Semi/nonparametric Conditional Moment Models, Xiaohong Chen and Demian Pouzo

PDF

Sieve Wald and QLR Inferences on Semi/nonparametric Conditional Moment Models, Xiaohong Chen and Demian Pouzo

PDF

Sieve Wald and QLR Inferences on Semi/nonparametric Conditional Moment Models, Xiaohong Chen and Demian Pouzo

PDF

The Limits of Price Discrimination, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

The Limits of Price Discrimination, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

The Limits of Price Discrimination, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

The Limits of Price Discrimination, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

PDF

Biology and the Arguments of Utility, Luis Rayo and Arthur Robson

PDF

Biology and the Arguments of Utility, Luis Rayo and Arthur Robson

PDF

Female Labour Supply, Human Capital and Welfare Reform, Richard Blundell, Monica Costa Dias, Costas Meghir, and Jonathan Shaw

PDF

Female Labour Supply, Human Capital and Welfare Reform, Richard Blundell, Monica Costa Dias, Costas Meghir, and Jonathan Shaw

PDF

Female Labour Supply, Human Capital and Welfare Reform, Richard Blundell, Monica Costa Dias, Costas Meghir, and Jonathan Shaw

PDF

Keynesian Utilities: Bulls and Bears, Anat Bracha and Donald J. Brown

PDF

Fictive Learning in Choice under Uncertainty: A Logistic Regression Model, Donald J. Brown, Oliver D. Bunn, and Caterina Calsamiglia

PDF

Testing for Fictive Learning in Decision-Making under Uncertainty, Oliver D. Bunn, Caterina Calsamiglia, and Donald J. Brown

PDF

Career Progression, Economic Downturns, and Skills, Jerome Adda, Christian Dustmann, Costas Meghir, and Jean-Marc Robin

PDF

Education Policy and Intergenerational Transfers in Equilibrium, Brant Abbott, Giovanni Gallipoli, Costas Meghir, and Giovanni L. Violante

PDF

Education Policy and Intergenerational Transfers in Equilibrium, Brant Abbott, Giovanni Gallipoli, Costas Meghir, and Giovanni L. Violante

PDF

Education Policy and Intergenerational Transfers in Equilibrium, Brant Abbott, Giovanni Gallipoli, Costas Meghir, and Giovanni L. Violante

PDF

Relational Contracting, Repeated Negotiations, and Hold-Up, Sebastian Kranz

PDF

Mismatch, Sorting and Wage Dynamics, Jeremy Lise, Costas Meghir, and Jean-Marc Robin

PDF

Multiscale Adaptive Inference on Conditional Moment Inequalities, Timothy B. Armstrong and Hock Peng Chan

PDF

Multiscale Adaptive Inference on Conditional Moment Inequalities, Timothy B. Armstrong and Hock Peng Chan

PDF

Multiscale Adaptive Inference on Conditional Moment Inequalities, Timothy B. Armstrong and Hock Peng Chan

Submissions from 2012

PDF

An Estimation of Economic Models with Recursive Preferences, Xiaohong Chen, Jack Favilukis, and Sydney C. Ludvigson

PDF

Cost Innovation: Schumpeter and Equilibrium. Part 2: Innovation and the Money Supply, Martin Shubik and William D. Sudderth

PDF

Mathematical Institutional Economics, Martin Shubik

PDF

Wealth Effects Revisited 1975-2012, Karl E. Case, John M. Quigley, and Robert J. Shiller

PDF

Asymptotic Efficiency of Semiparametric Two-step GMM, Xiaohong Chen, Jinyong Hahn, and Zhipeng Liao

PDF

What Have They Been Thinking? Home Buyer Behavior in Hot and Cold Markets, Karl E. Case, Robert J. Shiller, and Anne K. Thompson

PDF

Automated Estimation of Vector Error Correction Models, Zhipeng Liao and Peter C.B. Phillips

PDF

Endogenous Leverage in a Binomial Economy: The Irrelevance of Actual Default, Ana Fostel and John Geanakoplos

PDF

Leverage and Default in Binomial Economies: A Complete Characterization, Ana Fostel and John Geanakoplos

PDF

Leverage and Default in Binomial Economies: A Complete Characterization, Ana Fostel and John Geanakoplos

PDF

Leverage and Default in Binomial Economies: A Complete Characterization, Ana Fostel and John Geanakoplos

PDF

Non-linearity Induced Weak Instrumentation, Ioannis Kasparis, Peter C.B. Phillips, and Tassos Magdalinos

PDF

Nonparametric Predictive Regression, Ioannis Kasparis, Elena Andreou, and Peter C.B. Phillips

PDF

On Confidence Intervals for Autoregressive Roots and Predictive Regression, Peter C.B. Phillips

PDF

Series Estimation of Stochastic Processes: Recent Developments and Econometric Applications, Peter C.B. Phillips and Zhipeng Liao

PDF

The Strategic Impact of Higher-Order Beliefs, Yi-Chun Chen, Alfredo Di Tillio, Eduardo Faingold, and Siyang Xiong

PDF

Wages and Informality in Developing Countries, Costas Meghir, Renata Narita, and Jean-Marc Robin

PDF

What Have They Been Thinking? Homebuyer Behavior in Hot and Cold Markets — A 2014 Update, Karl E. Case, Robert J. Shiller, and Anne K. Thompson

PDF

Matching with Incomplete Information, Quingmin Liu, George J. Mailath, Andrew Postlewaite, and Larry Samuelson

PDF

Runs, Panics and Bubbles: Diamond-Dybvig and Morris-Shin Reconsidered, Eric Smith and Martin Shubik

PDF

Decoupling Markets and Individuals: Rational Expectations Equilibrium Outcomes from Information Dissemination among Boundedly-Rational Traders, Karim Jamal, Michael Maier, and Shyam Sunder

PDF

Notes on Computational Complexity of GE Inequalities, Donald J. Brown

PDF

Notes on Computational Complexity of GE Inequalities, Donald J. Brown

PDF

Simple Agents, Intelligent Markets, Karim Jamal, Michael Maier, and Shyam Sunder

PDF

The Anatomy of French Production Hierarchies, Lorenzo Caliendo, Ferdinando Monte, and Esteban Rossi-Hansberg

PDF

What Is a Solution to a Matrix Game, Martin Shubik

PDF

What Is a Solution to a Matrix Game, Martin Shubik

PDF

How Should the Fed Report Uncertainty?, Ray C. Fair

PDF

The Financing of a Public Utility, Eric Smith and Martin Shubik

PDF

A Web Gaming Facility for Research and Teaching, Martin Shubik

PDF

A Web Gaming Facility for Research and Teaching, Martin Shubik

PDF

Competing for Customers in a Social Network (R), Pradeep Dubey, Rahul Garg, and Bernard De Meyer

PDF

Is Fiscal Stimulus a Good Idea?, Ray C. Fair

PDF

Multi-dimensional Mechanism Design with Limited Information, Dirk Bergemann, Ji Shen, Yun Xu, and Edmund M. Yeh

PDF

The Allocation of a Prize (R), Pradeep Dubey and Siddhartha Sahi

PDF

Bounded Rationality and Limited Datasets: Testable Implications, Identification, and Out-of-Sample Prediction, Geoffroy de Clippel and Kareen Rozen

PDF

Does Reducing Spatial Differentiation Increase Product Differentiation? Effects of Zoning on Retail Entry and Format Variety, Sumon Datta and K. Sudhir

PDF

Getting at Systemic Risk via an Agent-Based Model of the Housing Market, John Geanakoplos, Robert Axtell, J. Doyne Farmer, Peter Howitt, Benjamin Conlee, Jonathan Goldstein, and Matthew Hendrey

PDF

Improved Estimates of Using Luminosity as a Proxy for Economic Statistics: New Results and Estimates of Precision, William D. Nordhaus and Xi Chen

PDF

Kantian Optimization: An Approach to Cooperative Behavior, John E. Roemer

PDF

Kantian Optimization, Social Ethos, and Pareto Efficiency, John E. Roemer

PDF

Mandate-Based Health Reform and the Labor Market: Evidence from the Massachusetts Reform, Jonathan T. Kolstad and Amanda E. Kowalski

PDF

Short Run Needs and Long Term Goals: A Dynamic Model of Thirst Management, Guofang Huang, Ahmed Khwaja, and K. Sudhir

PDF

Demand Externalities from Co-Location, Boudhayan Sen, Jiwoong Shin, and K. Sudhir

PDF

On the Limit Equilibrium Payoff Set in Repeated and Stochastic Games, Johannes Hörner, Satoru Takahashi, and Nicolas Vieille

PDF

Sieve Inference on Semi-nonparametric Time Series Models, Xiaohong Chen, Zhipeng Liao, and Yixiao Sun

PDF

Discounted Stochastic Games with Voluntary Transfers, Sebastian Kranz

PDF

Efficient Auctions and Interdependent Types, Dirk Bergemann, Stephen Morris, and Satoru Takahashi

PDF

Health Reform, Health Insurance, and Selection: Estimating Selection into Health Insurance Using the Massachusetts Health Reform, Martin B. Hackmann, Jonathan T. Kolstad, and Amanda E. Kowalski

PDF

Lag Length Selection for Unit Root Tests in the Presence of Nonstationary Volatility, Giuseppe Cavaliere, Peter C.B. Phillips, Stephan Smeekes, and A. M. Rober Taylor

PDF

Specification Sensitivity in Right-Tailed Unit Root Testing for Explosive Behavior, Peter C.B. Phillips, Shu-Ping Shi, and Jun Yu

PDF

Testing for Multiple Bubbles, Peter C.B. Phillips, Shu-Ping Shi, and Jun Yu

PDF

VARs with Mixed Roots Near Unity, Peter C.B. Phillips and Ji Hyung Lee

Submissions from 2011

PDF

Integrated Economic and Climate Modeling, William D. Nordhaus

PDF

Nonparametric Inference Based on Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Nonparametric Inference Based on Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Nonparametric Inference Based on Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Greek Debt and American Debt: Graduation Speech at the University of Athens Economics and Business School, John Geanakoplos

PDF

Monitoring Leverage, John Geanakoplos and Lasse H. Pedersen

PDF

Pricing under the Threat of Piracy: Flexibility and Platforms for Digital Goods, Dirk Bergemann, Thomas Eisenbach, Joan Feigenbaum, and Scott Shenker

PDF

Prizes versus Wages with Envy and Pride, Pradeep Dubey, John Geanakoplos, and Ori Haimanko

PDF

Sensitivity Analysis in Semiparametric Likelihood Models, Xiaohong Chen, Elie Tamer, and Alexander Torgovitsky

PDF

A Theory of Asset Prices Based on Heterogeneous Information, Elias Albagli, Christian Hellwig, and Aleh Tsyvinski

PDF

Bayes Correlated Equilibrium and the Comparison of Information Structures, Dirk Bergemann and Stephen Morris

PDF

Career Concerns and Market Structure, Alessandro Bonatti and Johannes Hörner

PDF

Career Concerns with Coarse Information, Alessandro Bonatti and Johannes Hörner

PDF

Correlated Equilibrium in Games with Incomplete Information, Dirk Bergemann and Stephen Morris

PDF

Estimates of the Social Cost of Carbon: Background and Results from the RICE-2011 Model, William D. Nordhaus

PDF

Financing of Public Goods through Taxation in a General Equilibrium Economy: Experimental Evidence, Juergen Huber, Martin Shubik, and Shyam Sunder

PDF

Financing of Public Goods through Taxation in a General Equilibrium Economy: Theory and Experimental Evidence, Juergen Huber, Martin Shubik, and Shyam Sunder

PDF

GMM Estimation and Uniform Subvector Inference with Possible Identification Failure, Donald W.K. Andrews and Xu Cheng

PDF

GMM Estimation and Uniform Subvector Inference with Possible Identification Failure, Donald W.K. Andrews and Xu Cheng

PDF

Maximum Likelihood Estimation and Uniform Inference with Sporadic Identification Failure, Donald W.K. Andrews and Xu Cheng

PDF

Maximum Likelihood Estimation and Uniform Inference with Sporadic Identification Failure, Donald W.K. Andrews and Xu Cheng

PDF

Meritocracy Voting: Measuring the Unmeasurable, Peter C.B. Phillips

PDF

On Bartlett Correctability of Empirical Likelihood in Generalized Power Divergence Family, Lorenzo Camponovo and Taisuke Otsu

PDF

Optimally Empty Promises and Endogenous Supervision, David A. Miller and Kareen Rozen

PDF

Optimism and Pessimism with Expected Utility, David Dillenberger, Andrew Postlewaite, and Kareen Rozen

PDF

Public Goods through Taxation in a General Equilibrium Economy: Experimental Evidence, Juergen Huber, Martin Shubik, and Shyam Sunder

PDF

Testing for Common Trends in Semiparametric Panel Data Models with Fixed Effects, Yonghui Zhang, Liangjun Su, and Peter C.B. Phillips

PDF

Robust Predictions in Games with Incomplete Information, Dirk Bergemann and Stephen Morris

PDF

Robust Predictions in Games with Incomplete Information, Dirk Bergemann and Stephen Morris

PDF

Robust Predictions in Games with Incomplete Information, Dirk Bergemann and Stephen Morris

PDF

Robust Predictions in Games with Incomplete Information, Dirk Bergemann and Stephen Morris

PDF

A Conditional-Heteroskedasticity-Robust Confidence Interval for the Autoregressive Parameter, Donald W.K. Andrews and Patrik Guggenberger

PDF

A Conditional-Heteroskedasticity-Robust Confidence Interval for the Autoregressive Parameter, Donald W.K. Andrews and Patrik Guggenberger

PDF

Generic Results for Establishing the Asymptotic Size of Confidence Sets and Tests, Donald W.K. Andrews, Xu Cheng, and Patrik Guggenberger

PDF

Information Aggregation, Investment, and Managerial Incentives, Elias Albagli, Christian Hellwig, and Aleh Tsyvinski

PDF

Irving Fisher, Debt Deflation and Crises, Robert J. Shiller

PDF

Risky Curves: From Unobservable Utility to Observable Opportunity Sets, Daniel Friedman and Shyam Sunder

PDF

Robust Mechanism Design: An Introduction, Dirk Bergemann and Stephen Morris

PDF

Similar-on-the-Boundary Tests for Moment Inequalities Exist, But Have Poor Power, Donald W.K. Andrews

PDF

Similar-on-the-Boundary Tests for Moment Inequalities Exist, But Have Poor Power, Donald W.K. Andrews

PDF

The Demonetization of Gold: Transactions and the Change in Control, Thomas Quint and Martin Shubik

PDF

The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets, Keith M. Chen

PDF

Dynamics of Inductive Inference in a Unified Framework, Itzhak Gilboa, Larry Samuelson, and David Schmeidler

PDF

Pricing and Investments in Matching Markets, George J. Mailath, Andrew Postlewaite, and Larry Samuelson

PDF

The Present and Future of Game Theory, Martin Shubik

PDF

Tranching, CDS and Asset Prices: How Financial Innovation Can Cause Bubbles and Crashes, Ana Fostel and John Geanakoplos

PDF

Tranching, CDS and Asset Prices: How Financial Innovation Can Cause Bubbles and Crashes, Ana Fostel and John Geanakoplos

PDF

What It Takes to Solve the U.S. Government Deficit Problem, Ray C. Fair

PDF

“Connected Substitutes and Invertibility of Demand, Steven T. Berry, Amit Gandhi, and Philip A. Haile

PDF

Connected Substitutes and Invertibility of Demand, Steven T. Berry, Amit Gandhi, and Philip A. Haile

PDF

Mean-Dispersion Preferences and Constant Absolute Uncertainty Aversion, Simon Grant and Ben Polak

PDF

A Practical Asymptotic Variance Estimator for Two-Step Semiparametric Estimators, Daniel Ackerberg, Xiaohong Chen, and Jinyong Hahn

PDF

Dynamic Strategic Information Transmission, Mikhail Golosov, Vasiliki Skreta, Aleh Tsyvinski, and Andrea Wilson

PDF

Empirical Likelihood for Regression Discontinuity Design, Taisuke Otsu and Ke-Li Xu

PDF

Endogenous Leverage: VaR and Beyond, Ana Fostel and John Geanakoplos

PDF

Examples of L 2 -Complete and Boundedly-Complete Distributions, Donald W.K. Andrews

PDF

Large Deviations of Realized Volatility, Shin Kanaya and Taisuke Otsu

PDF

Penalized Sieve Estimation and Inference of Semi-Nonparametric Dynamic Models: A Selective Review, Xiaohong Chen

PDF

Breakdown Point Theory for Implied Probability Bootstrap, Lorenzo Camponovo and Taisuke Otsu

PDF

Continuous Workout Mortgages, Robert J. Shiller, Rafal M. Wojakowski, M. Shahid Ebrahim, and Mark B. Shackleton

PDF

Empirical Likelihood for Nonparametric Additive Models, Taisuke Otsu

PDF

Local Identification of Nonparametric and Semiparametric Models, Xiaohong Chen, Victor Chernozhukov, Sokbae Lee, and Whitney Newey

PDF

Local Identification of Nonparametric and Semiparametric Models, Xiaohong Chen, Victor Chernozhukov, Sokbae Lee, and Whitney Newey

PDF

Quantile Regression with Censoring and Endogeneity, Victor Chernozhukov, Iván Fernández-Val, and Amanda E. Kowalski

PDF

Robustness of Bootstrap in Instrumental Variable Regression, Lorenzo Camponovo and Taisuke Otsu

PDF

Second-order Refinement of Empirical Likelihood for Testing Overidentifying Restrictions, Yukitoshi Matsushita and Taisuke Otsu

PDF

A Simple Test for Identification in GMM under Conditional Moment Restrictions, Francesco Bravo, Juan Carlos Escanciano, and Taisuke Otsu

PDF

Cost Innovation: Schumpeter and Equilibrium. Part 1. Robinson Crusoe, Martin Shubik and William D. Sudderth

PDF

Economists as Worldly Philosophers, Robert J. Shiller and Virginia M. Shiller

PDF

Hodges-Lehmann Optimality for Testing Moment Conditions, Ivan Canay and Taisuke Otsu

PDF

Identification- and Singularity-Robust Inference for Moment Condition Models, Donald W.K. Andrews and Patrik Guggenberger

PDF

Identification- and Singularity-Robust Inference for Moment Condition Models, Donald W.K. Andrews and Patrik Guggenberger

PDF

Identification in a Class of Nonparametric Simultaneous Equations Models, Steven T. Berry and Philip A. Haile

PDF

Identification in a Class of Nonparametric Simultaneous Equations Models, Steven T. Berry and Philip A. Haile

PDF

Identification in a Class of Nonparametric Simultaneous Equations Models, Steven T. Berry and Philip A. Haile

PDF

Large Deviations of Generalized Method of Moments and Empirical Likelihood Estimators, Taisuke Otsu

PDF

Moderate Deviations of Generalized Method of Moments and Empirical Likelihood Estimators, Taisuke Otsu

PDF

Wealth Effects Revisited, 1978-2009, Karl E. Case, John M. Quigley, and Robert J. Shiller

PDF

A World Macro Saving Fact and an Explanation, Ray C. Fair

PDF

Bias in Estimating Multivariate and Univariate Diffusions, Xiaohu Wang, Peter C.B. Phillips, and Jun Yu

PDF

Efficient Search by Committee, Dirk Bergemann and Juuso Välimäki

PDF

First Difference MLE and Dynamic Panel Estimation, Chirok Han and Peter C.B. Phillips

PDF

Folklore Theorems, Implicit Maps and New Unit Root Limit Theory, Peter C.B. Phillips

PDF

Inconsistent VAR Regression with Common Explosive Roots, Peter C.B. Phillips and Tassos Magdalinos

PDF

Specification Testing for Nonlinear Cointegrating Regression, Qiying Wang and Peter C.B. Phillips

Submissions from 2010

PDF

Mechanism Design with Limited Information: The Case of Nonlinear Pricing, Dirk Bergemann, Ji Shen, Yun Xu, and Edmund M. Yeh

PDF

Revealed Preferences for Risk and Ambiguity, Donald J. Brown, Chandra Erdman, Kirsten Ling, and Laurie Santos

PDF

Estimation and Inference with Weak, Semi-strong, and Strong Identification, Donald W.K. Andrews and Xu Cheng

PDF

Interdependent Preferences and Strategic Distinguishability, Dirk Bergemann, Stephen Morris, and Satoru Takahashi

PDF

Dating the Timeline of Financial Bubbles during the Subprime Crisis, Peter C.B. Phillips and Jun Yu

PDF

Identifying Finite Mixtures in Econometric Models, Marc Henry, Yuichi Kitamura, and Bernard Salanié

PDF

Interdependent Preferences and Strategic Distinguishability, Dirk Bergemann, Stephen Morris, and Satoru Takahashi

PDF

Interdependent Preferences and Strategic Distinguishability, Dirk Bergemann, Stephen Morris, and Satoru Takahashi

PDF

Interdependent Preferences and Strategic Distinguishability, Dirk Bergemann, Stephen Morris, and Satoru Takahashi

PDF

Nonlinear Cointegrating Regression under Weak Identification, Xiaoxia Shi and Peter C.B. Phillips

PDF

Semiparametric Estimation in Time Series of Simultaneous Equations, Jiti Gao and Peter C.B. Phillips

PDF

The Mysteries of Trend, Peter C.B. Phillips

PDF

History-Disappointment Risk Attitude, David Dillenberger and Kareen Rozen

PDF

Mediation and Peace, Johannes Hörner, Massimo Morelli, and Francesco Squintani

PDF

Should Auctions be Transparent?, Dirk Bergemann and Johannes Hörner

PDF

Should Auctions be Transparent?, Dirk Bergemann and Johannes Hörner

PDF

Should Auctions be Transparent?, Dirk Bergemann and Johannes Hörner

PDF

The Value of Luminosity Data as a Proxy for Economic Statistics, Xi Chen and William D. Nordhaus

PDF

Why does Bad News Increase Volatility and Decrease Leverage?, Ana Fostel and John Geanakoplos

PDF

Why Does Bad News Increase Volatility and Decrease Leverage?, Ana Fostel and John Geanakoplos

PDF

Why Does Bad News Increase Volatility and Decrease Leverage?, Ana Fostel and John Geanakoplos

PDF

Estimation and Inference with Weak, Semi-strong, and Strong Identification, Donald W.K. Andrews and Xu Cheng

PDF

Inference Based on Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Inference Based on Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

Inference Based on Conditional Moment Inequalities, Donald W.K. Andrews and Xiaoxia Shi

PDF

The Role of Commitment in Bilateral Trade, Dino Gerardi, Johannes Hörner, and Lucas Maestri

PDF

Affective Decision-Making: A Theory of Optimism-Bias, Anat Bracha and Donald J. Brown

PDF

Dynamic Auctions: A Survey, Dirk Bergemann and Maher Said

PDF

Dynamic Auctions: A Survey, Dirk Bergemann and Maher Said

PDF

Estimated Macroeconomic Effects of a Chinese Yuan Appreciation, Ray C. Fair

PDF

Estimated Macroeconomic Effects of the U.S. Stimulus Bill, Ray C. Fair

PDF

Targeting in Advertising Markets: Implications for Offline vs. Online Media, Dirk Bergemann and Alessandro Bonatti

PDF

Targeting in Advertising Markets: Implications for Offline vs. Online Media, Dirk Bergemann and Alessandro Bonatti

PDF

The Role of Commitment in Bilateral Trade, Dino Gerardi, Johannes Hörner, and Lucas Maestri

PDF

Introduction to Judgment Aggregation, Christian List and Ben Polak

PDF

Stochastic Search Equilibrium, Giuseppe Moscarini and Fabien Postel-Vinay

PDF

Identification in Differentiated Products Markets Using Market Level Data, Steven T. Berry and Philip A. Haile

PDF

Identification in Differentiated Products Markets Using Market Level Data, Steven T. Berry and Philip A. Haile

PDF

Leverage Causes Fat Tails and Clustered Volatility, Stefan Thurner, J. Doyne Farmer, and John Geanakoplos

PDF

Leverage Causes Fat Tails and Clustered Volatility, Stefan Thurner, J. Doyne Farmer, and John Geanakoplos

PDF

Optimal Estimation under Nonstandard Conditions, Werner Ploberger and Peter C.B. Phillips

PDF

Power Maximization and Size Control in Heteroskedasticity and Autocorrelation Robust Tests with Exponentiated Kernels, Yixiao Sun, Peter C.B. Phillips, and Sainan Jin

PDF

Pricing in Matching Markets, George J. Mailath, Andrew Postlewaite, and Larry Samuelson

PDF

Solving the Present Crisis and Managing the Leverage Cycle, John Geanakoplos

PDF

Two New Zealand Pioneer Econometricians, Peter C.B. Phillips

PDF

Uniform Asymptotic Normality in Stationary and Unit Root Autoregression, Chirok Han, Peter C.B. Phillips, and Donggyu Sul

PDF

X-Differencing and Dynamic Panel Model Estimation, Chirok Han, Peter C.B. Phillips, and Donggyu Sul

Submissions from 2009

PDF

A Specification Test for Instrumental Variables Regression with Many Instruments, Yoonseok Lee and Ryo Okui

PDF

Recursive Methods in Discounted Stochastic Games: An Algorithm for Delta Approaching 1 and a Folk Theorem, Johannes Hörner, Takuo Sugaya, Satoru Takahashi, and Nicolas Vieille

PDF

Selling Information, Johannes Hörner and Andrzej Skrzypacz

PDF

Selling Information, Johannes Hörner and Andrzej Skrzypacz

PDF

Selling Information, Johannes Hörner and Andrzej Skrzypacz

PDF

Belief-free Equilibria in Games with Incomplete Information: Characterization and Existence, Johannes Hörner, Stefano Lovo, and Tristan Tomala

PDF

Biased Social Learning, Helios Herrera and Johannes Hörner

PDF

Nonparametric Tests of Conditional Treatment Effects, Sokbae Lee and Yoon-Jae Whang

PDF

On a Markov Game with One-Sided Incomplete Information, Johannes Hörner, Dinah Rosenberg, Eilon Solan, and Nicolas Vieille

PDF

Breach, Remedies and Dispute Settlement in Trade Agreements, Giovanni Maggi and Robert W. Staiger

PDF

Default Penalty as a Disciplinary and Selection Mechanism in Presence of Multiple Equilibria, Juergen Huber, Martin Shubik, and Shyam Sunder

PDF

Default Penalty as a Selection Mechanism among Multiple Equilibria, Juergen Huber, Martin Shubik, and Shyam Sunder

PDF

Default Penalty as a Selection Mechanism among Multiple Equilibria, Juergen Huber, Martin Shubik, and Shyam Sunder

PDF

El Farol Revisited: A Note on Emergence, Game Theory and Society, Martin Shubik

PDF

Identification of a Heterogeneous Generalized Regression Model with Group Effects, Steven T. Berry and Philip A. Haile

PDF

Semiparametric Efficiency Bound for Models of Sequential Moment Restrictions Containing Unknown Functions, Chunrong Ai and Xiaohong Chen

PDF

Strategic Supply Function Competition with Private Information, Xavier Vives

PDF

Uniform Topologies on Types, Yi-Chun Chen, Alfredo Di Tillio, Eduardo Faingold, and Siyang Xiong

PDF

Has Macro Progressed?, Ray C. Fair

PDF

Incentives for Experimenting Agents, Johannes Hörner and Larry Samuelson

PDF

Incentives for Experimenting Agents, Johannes Hörner and Larry Samuelson

PDF

Incentives for Experimenting Agents, Johannes Hörner and Larry Samuelson

PDF

Incentives for Experimenting Agents, Johannes Hörner and Larry Samuelson

PDF

Marshallian Money, Welfare, and Side-Payments, Cheng-Zhong Qin, Lloyd S. Shapley, and Martin Shubik

PDF

Possible Macroeconomic Consequences of Large Future Federal Government Deficits, Ray C. Fair

PDF

Hyperbolic Discounting Is Rational: Valuing the Far Future with Uncertain Discount Rates, J. Doyne Farmer and John Geanakoplos

PDF

Nonparametric Estimation in Random Coefficients Binary Choice Models, Eric Gautier and Yuichi Kitamura

PDF

Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers, Steven T. Berry and Philip A. Haile

PDF

On the Asymptotic Optimality of Empirical Likelihood for Testing Moment Restrictions, Yuichi Kitamura, Andres Santos, and Azeem M. Shaikh

PDF

Optimal Comparison of Misspecified Moment Restriction Models under a Chosen Measure of Fit, Vadim Marmer and Taisuke Otsu

PDF

Robustness, Infinitesimal Neighborhoods, and Moment Restrictions, Yuichi Kitamura, Taisuke Otsu, and Kirill Evdokomov

PDF

Soft Budgets and Renegotiations in Public-Private Partnerships, Eduardo Engel, Ronald Fischer, and Alexander Galetovic

PDF

Subjectivity in Inductive Inference, Itzhak Gilboa and Larry Samuelson

PDF

The Case for Trills: Giving the People and Their Pension Funds a Stake in the Wealth of the Nation, Mark Kamstra and Robert J. Shiller

PDF

Alternative Policies and Sea-Level Rise in the RICE-2009 Model, William D. Nordhaus

PDF

An Improved Bootstrap Test of Stochastic Dominance, Oliver B. Linton, Kyungchul Song, and Yoon-Jae Whang

PDF

Credit Cards and Inflation, John Geanakoplos and Pradeep Dubey

PDF

Grading Exams: 100, 99, 98,...or A, B, C?, Pradeep Dubey and John Geanakoplos

PDF

Market Valuation of Accrued Social Security Benefits, John Geanakoplos and Stephen P. Zeldes

PDF

Nonparametric Estimation of a Polarization Measure, Gordon J. Anderson, Oliver B. Linton, and Yoon-Jae Whang

PDF

Selecting a Unique Competitive Equilibrium with Default Penalties, Cheng-Zhong Qin and Martin Shubik

PDF

The Leverage Cycle, John Geanakoplos

PDF

The Leverage Cycle, John Geanakoplos

PDF

Analyzing Macroeconomic Forecastability, Ray C. Fair

PDF

A Paradox of Inconsistent Parametric and Consistent Nonparametric Regression, Peter C.B. Phillips and Liangjun Su

PDF

Dynamic Misspecification in Nonparametric Cointegrating Regression, Ioannis Kasparis and Peter C.B. Phillips

PDF

Explosive Behavior in the 1990s Nasdaq: When Did Exuberance Escalate Asset Values?, Peter C.B. Phillips, Yangru Wu, and Jun Yu

PDF

Infinite Density at the Median and the Typical Shape of Stock Return Distributions, Chirok Han, Jin Seo Cho, and Peter C.B. Phillips

PDF

Inflationary Equilibrium in a Stochastic Economy with Independent Agents, John Geanakoplos, Ioannis Karatzas, Martin Shubik, and William D. Sudderth

PDF

LAD Asymptotics under Conditional Heteroskedasticity with Possibly Infinite Error Densities, Jin Seo Cho, Chirok Han, and Peter C.B. Phillips

PDF

Measurement of Income with Time Use with Applications to Hedonic Indicators of Happiness and Misery, William D. Nordhaus

PDF

Monitoring with Collective Memory: Forgiveness for Optimally Empty Promises, David A. Miller and Kareen Rozen

PDF

Nonparametric Structural Estimation via Continuous Location Shifts in an Endogenous Regressor, Peter C.B. Phillips and Liangjun Su