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.

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Submissions from 2024

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Data-Driven Mechanism Design: Jointly Eliciting Preferences and Information, Dirk Bergemann, Marek Bojko, Paul Dütting, Renato Paes Leme, Haifeng Xu, and Song Zuo

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Community Networks, Entrepreneurship and the Process of Economic Development, Ruochen Dai, Dilip Mookherjee, Kaivan Munshi, and Xiaobo Zhang

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Social Status, Economic Development and Female Labor Force (Non) Participation, Kaivan Munshi and Swapnil Singh

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Distributional Impacts of the Changing Retail Landscape, Yue Cao, Judith A. Chevalier, Jessie Handbury, Hayden Parsley, and Kevin R. Williams

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Optimal Unilateral Carbon Policy, Samuel Kortum and David A. Weisbach

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Changes in Marital Sorting: Theory and Evidence from the US, Pierre-André Chiappori, Monica Costa Dias, Costas Meghir, and Hanzhe Zhang

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A Strategic Topology on Information Structures, Dirk Bergemann, Stephen Morris, and Rafael Veiel

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Estimation and Inference in a Possibly Multi-cointegrated System with a Fixed Number of Instruments, Yixiao Sun, Peter C.B. Phillips, and Igor Kheifets

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Wealth, Marriage, and Sex Selection, Girija Borker, Jan Eeckhout, Nancy Luke, Shantidani Minz, Kaivan Munshi, and Soumya Swaminathan

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GMM Estimation with Brownian Kernels Applied to Income Inequality Measurement, Jin Seo Cho and Peter C.B. Phillips

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Welfare Accounting, Eduardo Dávila and Andreas Schaab

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Herding with Heterogeneous Ability: An Application to Organ Transplantation, Stephanie De Mel, Kaivan Munshi, Soenje Reiche, and Hamid Sabourian

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Inference in a Stationary/Nonstationary Autoregressive Time-Varying-Parameter Model, Donald W.K. Andrews and Ming Li

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Cyclical time series: an empirical analysis of temperatures in central England over three centuries, Liudas Giraitis, Fulvia Marotta, and Peter C.B. Phillips

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Economic Development, Undernutrition and Diabetes, Kaivan Munshi, Swapnil Singh, Nancy Luke, and Anu Mary Oommen

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Community Networks, Entrepreneurship and the Process of Economic Development, Ruochen Dai, Dilip Mookherjee, Kaivan Munshi, and Xiaobo Zhang

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Physical Decline Rates: Men versus Women, Ray C. Fair

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A Non-Envelope Theorem with Linearly Homogeneous Constraints, Eduardo Dávila and Andreas Schaab

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Inflation Expectations, Price Equations, and Fed Effects, Ray C. Fair

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The Reallocation Effects of Domestic Outsourcing, Mayara Felix and Michael B. Wong

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Direct and Indirect Taxes in Pollution Dynamics, Vladimir Smirnyagin, Aleh Tsyvinski, and Xi Wu

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Inefficiencies of Carbon Trading Markets, Nicola Borri, Yukun Liu, Aleh Tsyvinski, and Xi Wu

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Labor Market Matching, Wages, and Amenities, Thibaut Lamadon, Jeremy Lise, Costas Meghir, and Jean-Marc Robin

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A General Limit Theory for Nonlinear Functionals of Nonstationary Time Series, Peter C. B. Phillips and Qiying Wang

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Intrahousehold Welfare: Theory and Application to Japanese Data, Pierre-André Chiappori, Costas Meghir, and Yoko Okuyama

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Limit Theory of Local Polynomial Estimation in Functional Coefficient Regression, Ying Wang and Peter C. B. Phillips

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Dynamic Price Competition with Capacity Constraints, Jose M. Betancourt, Ali Hortaçsu, Aniko Öry, and Kevin R. Williams

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On the Alignment of Consumer Surplus and Total Surplus Under Competitive Price Discrimination, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Algorithm as Experiment: Machine Learning, Market Design, and Policy Eligibility Rules, Yusuke Narita and Kohei Yata

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Approximating Choice Data by Discrete Choice Models, Haoge Chang, Yusuke Narita, and Kota Saito

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STRIDE: A Tool-Assisted LLM Agent Framework for Strategic and Interactive Decision-Making, Chuanhao Li, Runhan Yang, Tiankai Li, Milad Bafarassat, Kourosh Sharifi, Dirk Bergemann, and Zhuoran Yang

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Meritocracy and Its Discontents: Long-run Effects of Repeated School Admission Reforms, Chiaki Moriguchi, Yusuke Narita, and Mari Tanaka

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Inference in a Stationary/Nonstationary Autoregressive Time-Varying-Parameter Model, Donald W.K. Andrews and Ming Li

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Supply Chain Disruptions and Supplier Capital in U.S. Firms, Ernest Liu, Vladimir Smirnyagin, and Aleh Tsyvinski

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Teaching Financial Econometrics to Students Converting to Finance, Stan Hurn, Peter C. B. Phillips, Vance Martin, and Jun Yu

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Self-weighted Estimation for Local Unit Root Regression with Applications, Zhishui Hu, Nan Liu, Peter C. B. Phillips, and Qiying Wang

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Personalization and Privacy Choice, Andrew Rhodes and Jidong Zhou

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Limit Theory and Inference in Non-cointegrated Functional Coefficient Regression, Ying Wang, Yundong Tu, and Peter C.B. Phillips

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Technology and the Global Economy, Jonathan Eaton and Samuel Kortum

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Earnings Dynamics and Firm-Level Shocks, Benjamin Friedrich, Lisa Laun, Costas Meghir, and Luigi Pistaferri

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Trade and Domestic Distortions: The Case of Informality, Rafael Dix-Carneiro, Pinelopi K. Goldberg, Costas Meghir, and Gabriel Ulyssea

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Bidder-Optimal Information Structures in Auctions, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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A Unified Approach to Second and Third Degree Price Discrimination, Dirk Bergemann, Tibor Heumann, and Michael C. Wang

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Aiming for the Goal: Contribution Dynamics of Crowdfunding, Joyee Deb, Aniko Öry (Oery), and Kevin R. Williams

Submissions from 2023

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Bidder-Optimal Information Structures in Auctions, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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An Interview Study of Pricing, Truman F. Bewley

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On the Alignment of Consumer Surplus and Total Surplus Under Competitive Price Discrimination, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Physical Decline Rates: Men versus Women, Ray C. Fair

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Managing Persuasion Robustly: The Optimality of Quota Rules, Dirk Bergemann, Tan Gan, and Yingkai Li

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Leverage Cycle Theory of Economic Crises and Booms, John Geanakoplos

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Cost Based Nonlinear Pricing, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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Policy with Stochastic Hysteresis, Job Boerma, Georgii Riabov, and Aleh Tsyvinski

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How Do Digital Advertising Auctions Impact Product Prices?, Dirk Bergemann, Alessandro Bonatti, and Nick Wu

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How Do Digital Advertising Auctions Impact Product Prices?, Alessandro Bonatti, Dirk Bergemann, and Nicholas Wu

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Housing Fever in Australia 2020-2023: Insights from an Econometric Thermometer, Shuping Shi and Peter C. B. Phillips

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Policy Evaluation with Nonlinear Trended Outcomes: COVID-19 Vaccination Rates in the US, Lynn Bergeland Morgan, Peter C. B. Phillips, and Donggyu Sul

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Privacy Preserving Signals, Philipp Strack and Kai Hao Yang

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Panel Data Models with Time-Varying Latent Group Structures, Peter C. B. Phillips, Liangjun Su, and Yiren Wang

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New Asymptotics Applied to Functional Coefficient Regression and Climate Sensitivity Analysis, Qiying Wang, Peter C. B. Phillips, and Ying Wang

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Demand Estimation with Infrequent Purchases and Small Market Sizes, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Organizational Structure and Pricing: Evidence from a Large U.S. Airline, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Rational Dialogues, John Geanakoplos and Heracles M. Polemarchakis

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The People and the Experts: Alternative Views on Economic Affairs, William D. Nordhaus and Douglas Rivers

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Affective interdependence and welfare, Aviad Heifetz, Enrico Minelli, and Heracles M. Polemarchakis

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Managed Campaigns and Data-Augmented Auctions for Digital Advertising, Dirk Bergemann, Alessandro Bonatti, and Nicholas Wu

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Data, Competition, and Digital Platforms, Dirk Bergemann and Alessandro Bonatti

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Dynamic Price Competition: Theory and Evidence from Airline Markets, Jose M. Betancourt, Ali Hortaçsu, Aniko Öry (Oery), and Kevin R. Williams

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Incorporating Sales and Arrivals Information in Demand Estimation, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Policies, Projections, and the Social Cost of Carbon: Results from the DICE-2023 Model, Lint Barrage and William D. Nordhaus

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The Effect of Education Policy on Crime: An Intergenerational Perspective, Costas Meghir, Marten Palme, and Marieke Schnabel

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When do consumers talk?, Ishita Chakraborty, Joyee Deb, and Aniko Öry (Oery)

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The Optimality of Constant Mark-Up Pricing, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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Extreme Points of First-Order Stochastic Dominance Intervals: Theory and Applications, Kai Hao Yang and Alexander K. Zentefis

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Influence or Advertise: The Role of Social Learning in Influencer Marketing, Ron Berman, Aniko Öry (Oery), and Xudong Zheng

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Misinterpreting Yourself, Paul Heidhues, Botond Koszegi, and Philipp Strack

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Nonparametric Identification of Differentiated Products Demand Using Micro Data, Steven T. Berry and Philip A. Haile

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Organizational Structure and Pricing: Evidence from a Large U.S. Airline, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

Submissions from 2022

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Robust Inference on Correlation under General Heterogeneity, Liudas Giraitis, Yugei Li, and Peter C. B. Phillips

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Heterogeneous Paths of Industrialization, Federico Huneeus and Richard Rogerson

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Marriage, Labor Supply and the Dynamics of the Social Safety Net, Hamish Low, Costas Meghir, Luigi Pistaferri, and Alessandra Voena

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Unified Factor Model Estimation and Inference under Short and Long Memory, Shuyao Ke, Peter C. B. Phillips, and Liangjun Su

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Robust Testing for Explosive Behavior with Strongly Dependent Errors, Yiu Lim Lui, Peter C. B. Phillips, and Jun Yu

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Rural-Urban Migration and the Re-organization of Agriculture, Raahil Madhok, Frederik Noack, Ahmed Musfiq Mobarak, and Olivier Deschenes

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Order Statistics from Independent Non-Identical Exponentiated and Proportional Hazard Rate Random Variables, José-Antonio Espín-Sánchez and Tianhao Wu

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The boosted HP filter is more general than you might think, Ziwei Mei, Peter C. B. Phillips, and Zhentao Shi

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Boosting the HP Filter for Trending Time Series with Long Range Dependence, Eva Biswas, Farzad Sabzikar, and Peter C. B. Phillips

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The Impact of Carbon Taxes on the Value of Fossil-Fuel Reserves and the Efficiency of Climate Policy, William D. Nordhaus

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Taxing Externalities Without Hurting the Poor, Mallesh Pai and Philipp Strack

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Data, Competition, and Digital Platforms, Dirk Bergemann and Alessandro Bonatti

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Dynamic Price Competition: Theory and Evidence from Airline Markets, Ali Hortaçsu, Aniko Öry, and Kevin R. Williams

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Eviction and Poverty in American Cities, Robert Collinson

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Screening with Persuasion, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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Climate Change Around the World, Per Krusell and Anthony A. Smith Jr.

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Trade, Leakage, and the Design of a Carbon Tax, David A. Weisbach, Samuel Kortum, Michael Wang, and Yujia Yao

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A General Limit Theory for Nonlinear Functionals of Nonstationary Time Series, Qiying Wang and Peter C. B. Phillips

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Informational Intermediation, Market Feedback, and Welfare Losses, Kai Hao Yang and Wenji Xu

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Screening with Persuasion, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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Why Have Interest Rates Been Low?, Ray C. Fair

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An Econometrician amongst Statisticians: T. W. Anderson, Peter C. B. Phillips

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Econometric Analysis of Asset Price Bubbles, Shuping Shi and Peter C. B. Phillips

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Lookalike Targeting on Others' Journeys: Brand Versus Performance Marketing, K. Sudhir, Seung Yoon Lee, and Subroto Roy

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Prudential Policy with Distorted Beliefs, Eduardo Dávila and Ansgar Walther

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Selection in the Presence of Implicit Bias: The Advantage of Intersectional Constraints, Anay Mehrota, Bary S.R. Pradelski, and Nisheeth Vishnoi

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Weak Identification of Long Memory with Implications for Inference, Peter C. B. Phillips

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When do consumers talk?, Ishita Chakraborty, Joyee Deb, and Aniko Öry (Oery)

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Asymptotics of Polynomial Time Trend Estimation and Hypothesis Testing under Rank Deficiency, Peter C. B. Phillips

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Personalized Pricing and Competition, Andrew Rhodes and Jidong Zhou

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Personalized Pricing and Competition, Andrew Rhodes and Jidong Zhou

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The Impact of Upzoning on Housing Construction in Auckland, Ryan Greenaway-McGrevy and Peter C. B. Phillips

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Belief Convergence under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Gerrymandering and the Limits of Representative Democracy, Kai Hao Yang and Alexander K. Zentefis

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Consumer Bankruptcy, Mortgage Default and Labor Supply, Wenli Li, Costas Meghir, and Florian Oswald

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Distributions of Posterior Quantiles and Economic Applications, Kai Hao Yang and Alexander K. Zentefis

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Framing Human Action in Physics: Valid Reconstruction, Invalid Reduction, Shabnam Mousavi and Shyam Sunder

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Is Selling Complete Information (Approximately) Optimal?, Dirk Bergemann, Yang Cai, Grigoris Velegkas, and Mingfei Zhao

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A Panel Clustering Approach to Analyzing Bubble Behavior, Yanbo Liu, Peter C. B. Phillips, and Jun Yu

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Optimal Inter-Release Time between Sequentially Released Products, Jackie Luan and K. Sudhir

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The Value of Arbitrage, Eduardo Dávila, Daniel Graves, and Cecilia Parlatore

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Consumer Guilt and Sustainable Choice: Environmental Impact of Durable Goods Innovation, K. Sudhir, Ramesh Shankar, and Yuan Jin

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Informational Intermediation, Market Feedback, and Welfare Losses, Wenji Xu and Kai Hao Yang

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Market-Minded Informational Intermediary and Unintended Welfare Loss, Wenji Xu and Kai Hao Yang

Submissions from 2021

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Efficient Estimation of Average Derivatives in NPIV Models: Simulation Comparisons of Neural Network Estimators, Jiafeng Chen, Xiaohong Chen, and Elie Tamer

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A Game-theoretic Analysis of Childhood Vaccination Behavior: Nash Versus Kant, Philippe De Donder, Humberto Llavador, Stefan Penczynski, John E. Roemer, and Roberto Vélez

A Game-theoretic Analysis of Childhood Vaccination Behavior: Nash Versus Kant, Philippe De Donder, Humberto Llavador, and John E. Roemer

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The Measuring of Assortativeness in Marriage, Pierre-André Chiappori, Monica Costa-Dias, and Costas Meghir

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A Structural Model of Organizational Buying for B2B Markets: Innovation Adoption with Share of Wallet Contracts, Navid Mojir and K. Sudhir

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Endogenous Spatial Production Networks: Quantitative Implications for Trade & Productivity, Piyush Panigrahi

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Incorporating Search and Sales Information in Demand Estimation, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Organizational Structure and Pricing: Evidence from a Large U.S. Airline, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Optimal Unilateral Carbon Policy, Samuel Kortum and David A. Weisbach

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Coresets for Regressions with Panel Data, Lingxiao huang, K. Sudhir, and Nisheeth Vishnoi

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Coresets for Time Series Clustering, Lingxiao huang, K. Sudhir, and Nisheeth Vishnoi

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Organizational Structure and Pricing: Evidence from a Large U.S. Airline, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Organizational Structure and Pricing: Evidence from a Large U.S. Airline, Ali Hortaçsu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg, and Kevin R. Williams

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Herding with Heterogeneous Ability: An Application to Organ Transplantation, Stephanie De Mel, Kaivan Munshi, Soenje Reiche, and Hamid Sabourian

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Discrete Fourier Transforms of Fractional Processes with Econometric Applications, Peter C. B. Phillips

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Estimation and Inference with Near Unit Roots, Peter C. B. Phillips

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Limit Theory for Locally Flat Functional Coefficient Regression, Peter C. B. Phillips and Ying Wang

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On Multicointegration, Peter C. B. Phillips and Igor Kheifets

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Robust Inference with Stochastic Local Unit Root Regressors in Predictive Regressions, Yanbo Liu and Peter C. B. Phillips

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Lookalike Targeting on Others' Journeys: Brand Versus Performance Marketing, K. Sudhir, Seung Yoon Lee, and Subroto Roy

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Foundations of Demand Estimation, Steven T. Berry and Philip A. Haile

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Selling Impressions: Efficiency vs. Competition, Dirk Bergemann, Tibor Heumann, Stephen Morris, Constantine Sorokin, and Eyal Winter

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Learning Efficiency of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Learning Efficiency of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Experimental Persuasion, Ian Ball and José-Antonio Espín-Sánchez

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Information Markets and Nonmarkets, Dirk Bergemann and Marco Ottaviani

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Corrective Regulation with Imperfect Instruments, Eduardo Dávila and Ansgar Walther

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Holding Up Green Energy, Nicholas Ryan

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Nonlinear Pricing with Finite Information, Dirk Bergemann, Edmund M. Yeh, and Jinkun Zhang

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Curse of Democracy: Evidence from the 21st Century, Yusuke Narita and Ayumi Sudo

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Learning Efficiency of Multi-Agent Information Structures, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Adaptive Estimation and Uniform Confidence Bands for Nonparametric IV, Xiaohong Chen, Timothy M. Christensen, and Sid Kankanala

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Selling Impressions: Efficiency vs. Competition, Dirk Bergemann, Tibor Heumann, and Stephen Morris

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Long Term Effects of Cash Transfer Programs in Colombia, Orazio Attanasio, Lina Cardona-Sosa, Carlos Medina, Costas Meghir, and Christian Posso

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The Optimality of Upgrade Pricing, Dirk Bergemann, Alessandro Bonatti, Andreas Haupt, and Alex Smolin

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The Optimality of Upgrade Pricing, Dirk Bergemann, Alessandro Bonatti, Andreas Haupt, and Alex Smolin

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Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations, Liang Jiang, Peter C. B. Phillips, Yubo Tao, and Yichong Zhang

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Climate Club Futures: On the Effectiveness of Future Climate Clubs, William D. Nordhaus

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What Do Price Equations Say About Future Inflation?, Ray C. Fair

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Heterogeneity and Aggregate Fluctuations, Minsu Chang, Xiaohong Chen, and Frank Schorfheide

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Calibrated Click-Through Auctions: An Information Design Approach, Dirk Bergemann, Paul Duetting, Renato Paes Leme, and Song Zuo

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Normalizing Community Mask-Wearing: A Cluster Randomized Trial in Bangladesh, Jason Abaluck, Laura H. Kwong, Ashley Styczynski, Ashraful Haque, Md. Alamgir Kabir, Ellen Bates-Jeffries, Emily Crawford, Jade Benjamin-Chung, Salim Benhachmi, Shabib Raihan, Shadman Rahman, Neeti Zaman, Peter J. Winch, Md. Maqsud Hossain, Hasan Mahmud Reza, Stephen P. Luby, and Ahmed Musfiq Mobarak

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The Impact of Community Masking on COVID-19: A Cluster Randomized Trial in Bangladesh, Jason Abaluck, Laura H. Kwong, Ashley Styczynski, Ashraful Haque, Md. Alamgir Kabir, Ellen Bates-Jeffries, Emily Crawford, Jade Benjamin-Chung, Shabib Raihan, Shadman Rahman, Salim Benhachmi, Neeti Zaman, Peter J. Winch, Md. Maqsud Hossain, Hasan Mahmud Reza, Abdullah All Jaber, Shawkee Gulshan Momen, Faika Laz Bani, Aura Rahman, Tahrima Saiha Huq, Stephen P. Luby, and Ahmed Mushfiq Mobarak

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Algorithm is Experiment: Machine Learning, Market Design, and Policy Eligibility Rules, Yusuke Narita and Kohei Yata

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Curse of Democracy: Evidence from 2020, Yusuke Narita and Ayumi Sudo

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Measuring the U.S. Employment Situation Using Online Panels: The Yale Labor Survey, Christopher Foote, Tyler Hounshell, William D. Nordhaus, Douglas Rivers, and Pamela Torola

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Distributional Impacts of Retail Vaccine Availability, Judith A. Chevalier, Jason L. Schwartz, Yihua Su, and Kevin R. Williams

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Retrospective Voting Versus Risk-Aversion Voting, Ray C. Fair

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Retrospective Voting Versus Risk-Aversion Voting: A Comment on Pástor and Veronesi (2020), Ray C. Fair

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Kant and Lindahl, John E. Roemer and Joaquim Silvestre

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Are Stock Returns and Output Growth Higher Under Democrats?, Ray C. Fair

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Survival Pessimism and the Demand for Annuities, Cormac O'Dea and David Sturrock

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Is Habit a Powerful Policy Instrument to Induce Prosocial Behavioral Change?, Johann Caro-Burnett, Judith A. Chevalier, and Ahmed Mushfiq Mobarak

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Welfare Comparisons for Biased Learning, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Welfare Comparisons for Biased Learning, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Panel Threshold Regression with Unobserved Individual-Specific Threshold Effects, Ping Yu, Peter C. B. Phillips, and Shengjie Hong

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Optimal Information Disclosure in Auctions, Dirk Bergemann, Tibor Heumann, Stephen Morris, Constantine Sorokin, and Eyal Winter

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A Characterization for Optimal Bundling of Products with Inter-dependent Values, Soheil Ghili

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Bayesian Persuasion with Lie Detection, Florian Ederer and Weicheng Min

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Trade and Informality in the Presence of Labor Market Frictions and Regulations, Rafael Dix-Carneiro, Pinelopi K. Goldberg, Costas Meghir, and Gabriel Ulyssea

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Consumer Information and the Limits to Competition, Mark Armstrong and Jidong Zhou

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Mixed Bundling in Oligopoly Markets, Jidong Zhou

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Take a Break!...Or More., Maria Saez Marti

Submissions from 2020

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When the Great Equalizer Shuts Down: Schools, Peers, and Parents in Pandemic Time, Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti, and Fabrizio Zilibotti

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A Model of Crisis Management, Fei Li and Jidong Zhou

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A Model of Sequential Crisis Management, Fei Li and Jidong Zhou

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Open Banking: Credit Market Competition When Borrowers Own the Data, Zhiguo He, Jing Huang, and Jidong Zhou

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Aggregate Implications of Firm Heterogeneity: A Nonparametric Analysis of Monopolistic Competition Trade Models, Rodrigo Adão, Costas Arkolakis, and Sharat Ganapati

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Mothers’ Social Networks and Socioeconomic Gradients of Isolation, Alison Andrew, Orazio P. Attanasio, Britta Augsburg, Jere Behrman, Monimalika Day, Pamela Jervis, Costas Meghir, and Angus Phimister

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Improved Information in Search Markets, Jidong Zhou

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Open Banking: Credit Market Competition When Borrowers Own the Data, Zhiguo He, Jing Huang, and Jidong Zhou

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Analysis of Nine U.S. Recessions and Three Expansions, Ray C. Fair

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Analysis of Nine U.S. Recessions and Three Expansions, Ray C. Fair

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Improved Information in Search Markets, Jidong Zhou

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Forecasting Economic Activity Using the Yield Curve: Quasi-Real-Time Applications for New Zealand, Australia and the US, Todd Henry and Peter C.B. Phillips

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Selling Consumer Data for Profit: Optimal Market-Segmentation Design and its Consequences, Kai Hao Yang

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Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry, Xiaohong Chen, Matthew Gentry, Tong Li, and Jingfeng Lu

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Consistent Misspecification Testing in Spatial Autoregressive Models, Jungyoon Lee, Peter C. B. Phillips, and Francesca Rossi

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Optimally Stubborn, Anna Sanktjohanser

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When Do Consumers Talk?, Ishita Chakraborty, Joyee Deb, and Aniko Öry (Oery)

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When Do Consumers Talk?, Ishita Chakraborty, Joyee Deb, and Aniko Öry (Oery)

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Heterogeneous Paths of Industrialization, Federico Huneeus and Richard Rogerson

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Bootstrap Inference for Quantile Treatment Effects in Randomized Experiments with Matched Pairs, Liang Jiang, Xiaobin Liu, Peter C. B. Phillips, and Yichong Zhang

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Common Bubble Detection in Large Dimensional Financial Systems, Ye Chen, Peter C. B. Phillips, and Shuping Shi

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Diagnosing Housing Fever with an Econometric Thermometer, Shuping Shi and Peter C. B. Phillips

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High-Dimensional VARs with Common Factors, Ke Miao, Peter C.B. Phillips, and Liangjun Su

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When Bias Contributes to Variance: True Limit Theory in Functional Coefficient Cointegrating Regression, Peter C. B. Phillips and Ying Wang

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Information Frictions and Access to the Paycheck Protection Program, John Eric Humphries, Christopher Neilson, and Gabriel Ulyssea

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Copula-Based Time Series With Filtered Nonstationarity, Xiaohong Chen, Zhijie Xiao, and Bo Wang

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You Can Lead a Horse to Water: Spatial Learning and Path Dependence in Consumer Search, Charles Hodgson and Gregory Lewis

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A Public Option for the Core, Yotam Harchol, Dirk Bergemann, Nick Feamster, Eric Friedman, Arvind Krishnamurthy, Aurojit Panda, Sylvia Ratnasamy, Michael Schapira, and Scott Shenker

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Objective rationality foundations for (dynamic) α-MEU, Mira Frick, Ryota Iijima, and Yves Le Yaouanq

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The US Employment Situation Using the Yale Labor Survey, Christopher Foote, William D. Nordhaus, and Douglas Rivers

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Copula-Based Time Series With Filtered Nonstationarity, Xiaohong Chen, Zhijie Xiao, and Bo Wang

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Measuring Movement and Social Contact with Smartphone Data: A Real-time Application to COVID-19, Victor Couture, Jonathan l. Dingel, Allison Green, Jessie Handbury, and Kevin R. Williams

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Objective rationality foundations for (dynamic) Alpha-MEU, Mira Frick, Ryota Iijima, and Yves Le Yaouanq

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Rationing the Commons, Nicholas Ryan and Anant Sudarshan

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Work in the Time of COVID: Results from the Yale Labor Survey, Christopher Foote, William D. Nordhaus, and Douglas Rivers

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Adaptive, Rate-Optimal Hypothesis Testing in Nonparametric IV Models, Christoph Breunig and Xiaohong Chen

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Adaptive, Rate-Optimal Testing in Instrumental Variables Models, Christoph Breunig and Xiaohong Chen

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From Imitation to Innovation: Where Is All That Chinese R&D Going?, König D. König, Kjetil Storesletten, Zheng Song, and Fabrizio Zilibotti

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Multiproduct Intermediaries, Andrew Rhodes, Makoto Watanabe, and Jidong Zhou

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Financing Firms in Hibernation during the COVID-19 Pandemic, Tatiana Didier, Federico Huneeus, Mauricio Larrain, and Sergio L. Schmukler

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Belief Convergence under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Belief Convergence under Misspecified Learning: A Martingale Approach, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Competition and Public Information: A Note, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Financing Firms in Hibernation during the COVID-19 Pandemic, Tatiana Didier, Federico Huneeus, Mauricio Larrain, and Sergio L. Schmukler

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Recursive Preferences, the Value of Life, and Household Finance, Antoine Bommier, Daniel Harenberg, François Le Grand, and Cormac O'Dea

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Recursive Preferences, the Value of Life, and Household Finance, Antoine Bommier, Daniel Harenberg, François Le Grand, and Cormac O'Dea

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Robust Identification of Investor Beliefs, Xiaohong Chen, Lars P. Hansen, and Peter G. Hansen

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Stability and Robustness in Misspecified Learning Models, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Adaptive Rationality in Strategic Interaction: Do Emotions Regulate Thinking about Others?, Timo Ehrig, Jaison Manjaly, Aditya Singh, and Shyam Sunder

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Adaptive Rationality in Strategic Interaction: Do Emotions Regulate Thinking about Others?, Timo Ehrig, Jaison Manjaly, Aditya Singh, and Shyam Sunder

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It Takes a Village: The Economics of Parenting with Neighborhood and Peer Effects, Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti, and Fabrizio Zilibotti

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Optimal Control of an Epidemic through Social Distancing, Thomas Kruse and Philipp Strack

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Optimal Control of an Epidemic through Social Distancing, Thomas Kruse and Philipp Strack

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The evolving impacts of COVID-19 on small businesses since the CARES Act, John Eric Humphries, Christopher Neilson, and Gabriel Ulyssea

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Search, Information, and Prices, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Changes in Assortative Matching and Inequality in Income: Evidence for the UK, Pierre-André Chiappori, Monica Costa-Dias, Sam Crossman, and Costas Meghir

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Changes in Assortative Matching: Theory and Evidence for the US, Pierre-André Chiappori, Monica Costa-Dias, and Costas Meghir

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Popular Economic Narratives Advancing the Longest U.S. Economic Expansion 2009-2019, Robert J. Shiller

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Search, Information, and Prices, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Search, Information, and Prices, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Partial Identification and Inference for Dynamic Models and Counterfactuals, Myrto Kalouptsidi, Yuichi Kitamura, Lucas Lima, and Eduardo Souza-Rodrigues

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Spatial Distribution of Supply and the Role of Market Thickness: Theory and Evidence from Ride Sharing, Soheil Ghili and Vineet Kumar

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Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects, Soheil Ghili, Ben Handel, Igal Hendel, and Michael D. Whinston

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Optimal Long-Term Health Insurance Contracts: Characterization, Computation, and Welfare Effects, Soheil Ghili, Ben Handel, Igal Hendel, and Michael D. Whinston

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Household Portfolios and Financial Preparedness for Retirement, Rowena Crawford and Cormac O'Dea

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Quick or Cheap? Breaking Points in Dynamic Markets, Panayotis Mertikopoulos, Heinrich H. Nax, and Bary S.R. Pradelski

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Spatial Distribution of Supply and the Role of Market Thickness: Theory and Evidence from Ride Sharing, Soheil Ghili and Vineet Kumar

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The Welfare Effects of Long-Term Health Insurance Contracts, Soheil Ghili, Ben Handel, Igal Hendel, and Michael D. Whinston

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What is Socialism Today? Conceptions of a Cooperative Economy, John E. Roemer

Submissions from 2019

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Boosting: Why you Can Use the HP Filter, Peter C.B. Phillips and Zhentao Shi

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Continuously Updated Indirect Inference in Heteroskedastic Spatial Models, Maria Kyriacou, Peter C.B. Phillips, and Francesca Rossi

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Fully Modified Least Squares for Multicointegrated Systems, Igor Kheifets and Peter C.B. Phillips

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Inference and Specification Testing in Threshold Regression with Endogeneity, Ping Yu, Qin Liao, and Peter C.B. Phillips

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Intuitive Beliefs, Jawwad Noor

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Nonlinear Cointegrating Power Function Regression with Endogeneity, Zhishui Hu, Peter C.B. Phillips, and Qiying Wang

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Third-degree Price Discrimination Versus Uniform Pricing, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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Trade Models and Macroeconomics, Ray C. Fair

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Uniform Pricing Versus Third-Degree Price Discrimination, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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'Follow the Data' — What Data Says About Real-world Behavior in Commons Problems, Caleb M. Koch and Heinrich H. Nax

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Irving Fisher, Ragnar Frisch and the Elusive Quest for Measurable Utility, Robert W. Dimand

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Léon Walras, Irving Fisher and the Cowles Approach to General Equilibrium Analysis, Robert W. Dimand

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The Cowles Commission and Foundation for Research in Economics, Robert W. Dimand

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Bitcoin: An Impossibility Theorem for Proof-of-Work based Protocols, Jacob Leshno and Philipp Strack

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Bitcoin: An Impossibility Theorem for Proof-of-Work based Protocols, Jacob Leshno and Philipp Strack

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Durables and Lemons: Private Information and the Market for Cars, Richard Blundell, Ran Gu, Søren Leth-Petersen, Hamish Low, and Costas Meghir

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Affective Portfolio Analysis: Risk, Ambiguity and (IR)rationality, Donald J. Brown

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A Structural Model of a Multitasking Salesforce: Multidimensional Incentives and Plan Design, Minkyung Kim, K. Sudhir, and Kosuke Uetake

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A Structural Model of a Multitasking Salesforce: Multidimensional Incentives and Plan Design, Minkyung Kim, K. Sudhir, and Kosuke Uetake

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Durables and Lemons: Private Information and the Market for Cars, Richard Blundell, Ran Gu, Soren Leth-Petersen, Hamish Low, and Costas Meghir

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

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Jacob Marschak and the Cowles Approaches to the Theory of Money and Assets, Robert W. Dimand and Harald Hagemann

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Macroeconomic Dynamics at the Cowles Commission from the 1930s to the 1950s, Robert W. Dimand

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On Her Own Account: How Strengthening Women’s Financial Control Impacts Labor Supply and Gender Norms, Erica Field, Rohini Pande, Natalia Rigol, Simone Schaner, and Charity Troyer Moore

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Social Exclusion, Ambiguity and (IR)rationality, Annette Krauss and Donald J. Brown

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The Economics of Social Data, Dirk Bergemann, Alessandro Bonatti, and Tan Gan

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The Economics of Social Data, Dirk Bergemann, Alessandro Bonatti, and Tan Gan

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The Economics of Social Data, Dirk Bergemann, Alessandro Bonatti, and Tan Gan

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The Economics of Social Data, Dirk Bergemann, Alessandro Bonatti, and Tan Gan

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Business Cycle during Structural Change: Arthur Lewis' Theory from a Neoclassical Perspective, Kjetil Storesletten, Bo Zhao, and Fabrizio Zilibotti

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Estimated Costs of Injuries in College and High School Female Sports, Ray C. Fair and Christopher Champa

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On the Existence of Equilibrium in Bayesian Games Without Complementarities, Idione Meneghel and Rabee Tourky

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On the Existence of Equilibrium in Bayesian Games Without Complementarities, Idione Meneghel and Rabee Tourky

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On the Existence of Equilibrium in Bayesian Games Without Complementarities, Idione Meneghel and Rabee Tourky

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Progressive Participation, Dirk Bergemann and Philipp Strack

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Progressive Participation, Dirk Bergemann and Philipp Strack

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Progressive Participation, Dirk Bergemann and Philipp Strack

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Progressive Participation, Dirk Bergemann and Philipp Strack

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Progressive Participation, Dirk Bergemann and Philipp Strack

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U.S. Infrastructure: 1929-2017, Ray C. Fair

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Migration and Informal Insurance, Costas Meghir, Ahmed Mushfiq Mobarak, Corina Mommaerts, and Melanie Morten

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Migration and Informal Insurance, Costas Meghir, Ahmed Mushfiq Mobarak, Corina Mommaerts, and Melanie Morten

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Does Eviction Cause Poverty? Quasi-Experimental Evidence from Cook County, IL, John Eric Humphries, Nicholas Mader, Daniel Tannenbaum, and Winnie van Dijk

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Inference in Moment Inequality Models That Is Robust to Spurious Precision under Model Misspecification, Donald W.K. Andrews and Soonwoo Kwon

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Inference in Moment Inequality Models That Is Robust to Spurious Precision under Model Misspecification, Donald W.K. Andrews and Soonwoo Kwon

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Migration and Informal Insurance, Costas Meghir, Ahmed Mushfiq Mobarak, Corina Mommaerts, and Melanie Morten

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Misspecified Moment Inequality Models: Inference and Diagnostics, Donald W.K. Andrews and Soonwoo Kwon

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Dual-self Representations of Ambiguity Preferences, Madhav Chandrasekher, Mira Frick, Ryota Iijima, and Yves Le Yaouanq

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Aggregation of Diverse Information with Double Auction Trading among Minimally-Intelligent Algorithmic Agents, Karim Jamal, Michael Maier, and Shyam Sunder

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Boolean Expected Utility, Mira Frick, Ryota Iijima, and Yves Le Yaouanq

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Boolean Representations of Preferences under Ambiguity, Mira Frick, Ryota Iijima, and Yves Le Yaouanq

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Dual-self Representations of Ambiguity Preferences, Madhav Chandrasekher, Mira Frick, Ryota Iijima, and Yves Le Yaouanq

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Education Quality and Teaching Practices, Marina Bassi, Costas Meghir, and Ana Reynoso

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Greedy or Grateful? Asking for More when Thanking Donors, K. Sudhir, Hortense Fong, and Subroto Roy

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Greedy or Grateful? Asking for More when Thanking Donors, K. Sudhir, Hortense Fong, and Subroto Roy

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Attribute Sentiment Scoring with Online Text Reviews: Accounting for Language Structure and Missing Attributes, Ishita Chakraborty, Minkyung Kim, and K. Sudhir

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Attribute Sentiment Scoring With Online Text Reviews : Accounting for Language Structure and Attribute Self-Selection, Ishita Chakraborty, Minkyung Kim, and K. Sudhir

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Attribute Sentiment Scoring with Online Text Reviews: Accounting for Language Structure and Missing Attributes, Ishita Chakraborty, Minkyung Kim, and K. Sudhir

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Boosting the Hodrick-Prescott Filter, Peter C.B. Phillips and Zhentao Shi

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Can Friends Seed More Buzz and Adoption?, Vineet Kumar and K. Sudhir

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Can Random Friends Seed More Buzz and Adoption? Leveraging the Friendship Paradox, Vineet Kumar and K. Sudhir

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Functional Coefficient Panel Modeling with Communal Smoothing Covariates, Peter C.B. Phillips and Ying Wang

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Necessary and Sufficient Conditions for Determinacy of Asymptotically Stationary Equilibria in Olg Models, Alexander Gorokhovsky and Anna Rubinchik

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The Causal Effect of Service Satisfaction on Customer Loyalty, Guofang Huang and K. Sudhir

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Earnings Dynamics and Firm-Level Shocks, Benjamin Friedrich, Lisa Laun, Costas Meghir, and Luigi Pistaferri

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Robust Tests for White Noise and Cross-Correlation, Violetta Dalla, Liudas Giraitis, and Peter C.B. Phillips

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Robust Tests for White Noise and Cross-Correlation, Violetta Dalla, Liudas Giraitis, and Peter C.B. Phillips

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Wages, Experience and Training of Women, Richard Blundell, Monica Costa Dias, David Goll, and Costas Meghir

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Wages, Experience and Training of Women over the Lifecycle, Richard Blundell, Monica Costa Dias, David Goll, and Costas Meghir

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Breaking Ties: Regression Discontinuity Design Meets Market Design, Atila Abdulkadiroğlu, Joshua D. Angrist, Yusuke Narita, and Parag A. Pathak

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Breaking Ties: Regression Discontinuity Design Meets Market Design, Atila Abdulkadiro?lu, Joshua D. Angrist, Yusuke Narita, and Parag A. Pathak

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Global Unanimity Equilibrium on the Carbon Budget, Humberto Llavador and John E. Roemer

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The Economics of Social Data: An Introduction, Dirk Bergemann and Alessandro Bonatti

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The Economics of Social Data: An Introduction, Dirk Bergemann and Alessandro Bonatti

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Variable Mismeasurement in a Class of DSGE Models: Comment, Ray C. Fair

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Contract Enforcement and Productive Efficiency: Evidence from the Bidding and Renegotiation of Power Contracts in India, Nicholas Ryan

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Contract Enforcement and Productive Efficiency: Evidence from the Bidding and Renegotiation of Power Contracts in India, Nicholas Ryan

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Global Collateral and Capital Flows, Ana Fostel, John Geanakoplos, and Gregory Phelan

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Inflation in the Great Recession and New Keynesian Models: Comment, Ray C. Fair

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Narratives About Technology-Induced Job Degradation Then and Now, Robert J. Shiller

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Non-Exclusive Insurance with Free Entry: A Pedagogical Note, Pradeep Dubey and John Geanakoplos

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Physical Laws and Human Behavior: A Three-Tier Framework, Shabnam Mousavi and Shyam Sunder

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Some Important Macro Points, Ray C. Fair

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Some Important Macro Points, Ray C. Fair

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Spatial Linkages, Global Shocks, and Local Labor Markets: Theory and Evidence, Rodrigo Adão, Costas Arkolakis, and Federico Espósito

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Variable Mismeasurement in a Class of DSGE Models: Comment, Ray C. Fair

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Counterfactuals with Latent Information, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Counterfactuals with Latent Information, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Counterfactuals with Latent Information, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Counterfactuals with Latent Information, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Counterfactuals with Latent Information, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Eliminating Latent Discrimination: Train Then Mask, Soheil Ghili, Ehsan Kazemi, and Amin Karbasi

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Endogenous Beliefs and Institutional Structure in Competitive Equilibrium with Adverse Selection, Gerald David Jaynes

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Learning under Diverse World Views: Model-Based Inference, George J. Mailath and Larry Samuelson

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Misinterpreting Others and the Fragility of Social Learning, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Misinterpreting Others and the Fragility of Social Learning, Mira Frick, Ryota Iijima, and Yuhta Ishii

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The Wisdom of a Confused Crowd: Model-Based Inference, George J. Mailath and Larry Samuelson

Submissions from 2018

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Aiming for the Goal: Contribution Dynamics of Crowdfunding, Joyee Deb, Aniko Öry, and Kevin R. Williams

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Aiming for the Goal: Contribution Dynamics of Crowdfunding, Joyee Deb, Aniko Öry (Oery), and Kevin R. Williams

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Aiming for the Goal: Contribution Dynamics of Crowdfunding, Joyee Deb, Aniko Öry (Oery), and Kevin R. Williams

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Dynamic Panel Modeling of Climate Change, Peter C.B. Phillips

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Efficient Counterfactual Learning from Bandit Feedback, Yusuke Narita, Shota Yasui, and Kohei Yata

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HAR Testing for Spurious Regression in Trend, Peter C.B. Phillips, Yonghui Zhang, and Xiaohu Wang

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Quantitative Easing, Collateral Constraints, and Financial Spillovers, John Geanakoplos and Haobin Wang

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Strategically Simple Mechanisms, Tilman Börgers and Jiangtao Li

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A Behavioral Interpretation of the Origins of African American Family Structure, Gerald David Jaynes

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Countering the Winner’s Curse: Optimal Auction Design in a Common Value Model, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Countering the Winner’s Curse: Optimal Auction Design in a Common Value Model, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Real Time Monitoring of Asset Markets: Bubbles and Crises, Peter C.B. Phillips and Shuping Shi

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Sensitivity Analysis using Approximate Moment Condition Models, Timothy B. Armstrong and Michal Kolesár

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Sensitivity Analysis using Approximate Moment Condition Models, Timothy B. Armstrong and Michal Kolesár

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Adaptation Bounds for Confidence Bands under Self-Similarity, Timothy B. Armstrong

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Adaptation Bounds for Confidence Bands under Self-Similarity, Timothy B. Armstrong

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Slippery Fish: Enforcing Regulation when Agents Learn and Adapt, Andres Gonzalez Lira and Ahmed Musfiq Mobarak

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Can Network Theory-based Targeting Increase Technology Adoption?, Lori Beaman, Ariel BenYishay, Jeremy Magruder, and Ahmed Mushfiq Mobarak

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Early Stimulation and Nutrition: The Impacts of a Scalable Intervention, Orazio P. Attanasio, Helen Baker-Henningham, Raquel Bernal, Costas Meghir, Diana Pineda, and Marta Rubio-Codina

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Enforcing Regulation under Illicit Adaptation, Andrés González Lira and Ahmed Mushfiq Mobarak

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Information Content of DSGE Forecasts, Ray C. Fair

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Markets for Information: An Introduction, Dirk Bergemann and Alessandro Bonatti

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Risk Aversion and Double Marginalization, Soheil Ghili and Matthew Schmitt

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Unobserved Heterogeneity in Auctions, Philip A. Haile and Yuichi Kitamura

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Apologia Pro Vita Sua: The Vanishing of the White Whale in the Mists, Martin Shubik

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Common Values, Unobserved Heterogeneity, and Endogenous Entry in U.S. Offshore Oil Lease Auctions, Giovanni Compiani, Philip A. Haile, and Marcelo Sant'Anna

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Common Values, Unobserved Heterogeneity, and Endogenous Entry in U.S. Offshore Oil Lease Auctions, Giovanni Compiani, Philip A. Haile, and Marcelo Sant'Anna

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Extrapolation using Selection and Moral Hazard Heterogeneity from within the Oregon Health Insurance Experiment, Amanda E. Kowalski

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Intertemporal Price Discrimination in Sequential Quantity-Price Games, James D. Dana Jr. and Kevin R. Williams

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Intertemporal Price Discrimination in Sequential Quantity-Price Games, James D. Dana Jr. and Kevin R. Williams

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Intertemporal Price Discrimination in Sequential Quantity-Price Games, James D. Dana Jr. and Kevin R. Williams

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Oligopoly Price Discrimination: The Role of Inventory Controls, James D. Dana Jr. and Kevin R. Williams

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Oligopoly Price Discrimination: The Role of Inventory Controls, James D. Dana Jr. and Kevin R. Williams

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Speculation and Price Indeterminacy in Financial Markets: An Experimental Study, Shinichi Hirota, Juergen Huber, Thomas Stöckl, and Shyam Sunder

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Speculation and Price Indeterminacy in Financial Markets: An Experimental Study, Shinichi Hirota, Juergen Huber, Thomas Stöckl, and Shyam Sunder

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Understanding Temporal Aggregation Effects on Kurtosis in Financial Indices, Offer Lieberman and Peter C.B. Phillips

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Asymptotic Theory for Near Integrated Process Driven by Tempered Linear Process, Farzad Sabzikar, Qiying Wang, and Peter C.B. Phillips

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First-Price Auctions with General Information Structures: A Short Introduction, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Revenue Guarantee Equivalence, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Dispersed Behavior and Perceptions in Assortative Societies, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Dispersed Behavior and Perceptions in Assortative Societies, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Dispersed Behavior and Perceptions in Assortative Societies, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Dispersed Behavior and Perceptions in Assortative Societies, Mira Frick, Ryota Iijima, and Yuhta Ishii

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Entry Games under Private Information, José-Antonio Espín-Sánchez and Álvaro Parra

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Equilibrium Uniqueness in Entry Games with Private Information, José-Antonio Espín-Sánchez, Álvaro Parra, and Yuzhou Wang

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Experiment-as-Market: Incorporating Welfare into Randomized Controlled Trials, Yusuke Narita

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Global Melting? The Economics of Disintegration of the Greenland Ice Sheet, William D. Nordhaus

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The Persistent Power of Promises, Florian Ederer and Frédéric Schneider

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The Persistent Power of Promises, Florian Ederer and Frédéric Schneider

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Toward an Ethical Experiment, Yusuke Narita

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A theory of cooperation in games with an application to market socialism, John E. Roemer

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Explaining the Slow U.S.Recovery: 2010–2017, Ray C. Fair

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Intuitive Solutions in Game Representations: The Shapley Value Revisited, Pradeep Dubey

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When Salespeople Manage Customer Relationships: Multidimensional Incentives and Private Information, Minkyung Kim, K. Sudhir, Kosuke Uetake, and Rodrigo Canales

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Marriage, Labor Supply and the Dynamics of the Social Safety Net, Hamish Low, Costas Meghir, Luigi Pistaferri, and Alessandra Voena

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Censored Quantile Instrumental Variable Estimation with Stata, Victor Chernozhukov, Iván Fernández-Val, Sukjin Han, and Amanda E. Kowalski

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Competing for Talent, Yuhta Ishii, Aniko Öry, and Adrien Vigier

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Marriage, Labor Supply and the Dynamics of the Social Safety Net, Hamish Low, Costas Meghir, Luigi Pistaferri, and Alessandra Voena

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Regulating Mismeasured Pollution: Implications of Firm Heterogeneity for Environmental Policy, Eva Lyubich, Joseph S. Shapiro, and Reed Walker

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Regulating Mismeasured Pollution: Implications of Firm Heterogeneity for Environmental Policy, Eva Lyubich, Joseph S. Shapiro, and Reed Walker

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The Paradox of Competition: Power, Markets, and Money - Who Gets What, When, How?, Martin Shubik

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Who Gets What, When, How? Power, Organization, Markets, Money and the Allocation of Resources, Martin Shubik

Submissions from 2017

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Continuous Workout Mortgages: Efficient Pricing and Systemic Implications, Robert J. Shiller, Rafal M. Wojakowski, M. Shahid Ebrahim, and Mark B. Shackleton

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Finite-Sample Optimal Estimation and Inference on Average Treatment Effects Under Unconfoundedness, Timothy B. Armstrong and Michal Kolesár

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Finite-Sample Optimal Estimation and Inference on Average Treatment Effects Under Unconfoundedness, Timothy B. Armstrong and Michal Kolesár

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Hybrid Stochastic Local Unit Roots, Offer Lieberman and Peter C.B. Phillips

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Random Coefficient Continuous Systems: Testing for Extreme Sample Path Behaviour, Yubo Tao, Peter C.B. Phillips, and Jun Yu

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Mentoring and the Dynamics of Affirmative Action, Michèle Müller-Itten and Aniko Öry

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Mentoring and the Dynamics of Affirmative Action, Michèle Müller-Itten and Aniko Öry

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Boundary Limit Theory for Functional Local to Unity Regression, Anna Bykhovskaya and Peter C.B. Phillips

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Detecting Financial Collapse and Ballooning Sovereign Risk, Peter C.B. Phillips

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Identification-Robust Subvector Inference, Donald W.K. Andrews

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Kernel-Based Inference In Time-Varying Coefficient Cointegrating Regression, Degui Li, Peter C.B. Phillips, and Jiti Gao

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Latent Variable Nonparametric Cointegrating Regression, Qiying Wang, Peter C.B. Phillips, and Ioannis Kasparis

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Point Optimal Testing with Roots That Are Functionally Local to Unity, Anna Bykhovskaya and Peter C.B. Phillips

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Politics, Hospital Behavior, and Health Care Spending, Zack Cooper, Amanda E. Kowalski, Eleanor Neff Powell, and Jennifer Wu

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Dynamic Airline Pricing and Seat Availability, Kevin R. Williams

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Dynamic Airline Pricing and Seat Availability: Evidence from Airline Markets, Kevin R. Williams

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Dynamic Mechanism Design: An Introduction, Dirk Bergemann and Juuso Välimäki

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Dynamic Mechanism Design: An Introduction, Dirk Bergemann and Juuso Välimäki

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Embedding Cooperation in General-equilibrium Models, John E. Roemer

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Estimated Costs of Contact in College and High School Male Sports, Ray C. Fair and Christopher Champa

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Estimated Costs of Contact in Men's Collegiate Sports, Ray C. Fair and Christopher Champa

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Estimating Aging Effects in Running Events, Ray C. Fair and Edward H. Kaplan

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Naiveté About Temptation and Self-Control: Foundations for Naive Quasi-Hyperbolic Discounting, David S. Ahn, Ryota Iijima, and Todd Sarver

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Naiveté About Temptation and Self-Control: Foundations for Naive Quasi-Hyperbolic Discounting, David S. Ahn, Ryota Iijima, and Todd Sarver

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Resistance to Institutions and Cultural Distance: Brigandage in Post-Unification Italy, Giampaolo Lecce, Laura Ogliari, and Tommaso Orlando

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Resistance to Institutions and Cultural Distance: Brigandage in Post-Unification Italy, Giampaolo Lecce, Laura Ogliari, and Tommaso Orlando

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Selling 'Money' on EBay: a Field Study of Surplus Division, Alia Gizatulina and Olga Gorelkina

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A Survey of Global Impacts of Climate Change: Replication, Survey Methods, and a Statistical Analysis, William D. Nordhaus and Andrew Moffat

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Default, Efficiency and Uniqueness, Cheng-Zhong Qin, Thomas Quint, and Martin Shubik

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Unit Roots in Life and Research, Peter C.B. Phillips

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A Design for Market Socialism, John E. Roemer

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Dynamic Random Utility, Mira Frick, Ryota Iijima, and Tomasz Strzalecki

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Dynamic Random Utility, Mira Frick, Ryota Iijima, and Tomasz Strzalecki

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Socialism Revised, John E. Roemer

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The Best and Worst of All Possible Worlds: Some Crude Evaluations, Martin Shubik and Michael R. Powers

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

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In Life Choose what is Beautiful, but Choose Wisely: Quinnipiac Graduation Speech, May 20, 2017, John Geanakoplos

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Revealed Price Preference: Theory and Stochastic Testing, Rahul Deb, Yuichi Kitamura, John K.-H. Quah, and Jörg Stoye

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Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program, Olivier Deschenes, Michael Greenstone, and Joseph S. Shapiro

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Multidimensional Sales Incentives in CRM Settings: Customer Adverse Selection and Moral Hazard, Minkyung Kim, K. Sudhir, Kosuke Uetake, and Rodrigo Canales

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Econometric Measurement of Earth's Transient Climate Sensitivity, Peter C.B. Phillips, Thomas Leirvik, and Trude Storelvmo

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Evolution of Modeling of the Economics of Global Warming: Changes in the DICE model, 1992-2017, William D. Nordhaus

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John Denis Sargan at the London School of Economics, David F. Hendry and Peter C.B. Phillips

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Misspecified Moment Inequality Models: Inference and Diagnostics, Donald W.K. Andrews and Soonwoo Kwon

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Research Design Meets Market Design: Using Centralized Assignment for Impact Evaluation, Atila Abdulkadiroğlu, Joshua D. Angrist, Yusuke Narita, and Parag A. Pathak

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Tribute to T. W. Anderson, Peter C.B. Phillips

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Behavioral Characterizations of Naiveté for Time-Inconsistent Preferences, David S. Ahn, Ryota Iijima, Yves Le Yaouanq, and Todd Sarver

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Behavioral Characterizations of Naiveté for Time-Inconsistent Preferences, David S. Ahn, Ryota Iijima, Yves Le Yaouanq, and Todd Sarver

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Global Collateral: How Financial Innovation Drives Capital Flows and Increases Financial Instability, Ana Fostel, John Geanakoplos, and Gregory Phelan

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Inefficient Liquidity Provision, John Geanakoplos and Kieran James Walsh

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Information Design: A Unified Perspective, Dirk Bergemann and Stephen Morris

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Information Design: A Unified Perspective, Dirk Bergemann and Stephen Morris

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Information Design: A Unified Perspective, Dirk Bergemann and Stephen Morris

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Information Design: A Unified Perspective, Dirk Bergemann and Stephen Morris

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The Scope of Sequential Screening with Ex-Post Participation Constraints, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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The Scope of Sequential Screening with Ex-Post Participation Constraints, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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The Scope of Sequential Screening with Ex-Post Participation Constraints, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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The Scope of Sequential Screening with Ex-Post Participation Constraints, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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The Scope of Sequential Screening with Ex-Post Participation Constraints, Dirk Bergemann, Francisco Castro, and Gabriel Weintraub

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Zone Pricing in Retail Oligopoly, Brian Adams and Kevin R. Williams

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Zone Pricing in Retail Oligopoly, Brian Adams and Kevin R. Williams

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Zone Pricing in Retail Oligopoly, Brian Adams and Kevin R. Williams

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A Note on Optimal Inference in the Linear IV Model, Donald W.K. Andrews, Vadim Marmer, and Zhengfei Yu

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Consequences of the Clean Water Act and the Demand for Water Quality, David A. Keiser and Joseph S. Shapiro

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Consequences of the Clean Water Act and the Demand for Water Quality, David A. Keiser and Joseph S. Shapiro

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Narrative Economics, Robert J. Shiller

On Optimal Inference in the Linear IV Model, Donald W.K. Andrews, Vadim Marmer, and Zhengfei Yu

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The Benefit of Collective Reputation, Zvika Neeman, Aniko Öry (Oery), and Jungju Yu

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The Benefit of Collective Reputation, Zvika Neeman, Aniko Öry (Oery), and Jungju Yu

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Three Essays on the Theory of Money and Financial Institutions Essay 3: The Economy with Innovation, Externalities and Context, Martin Shubik

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Uniform Inference in Panel Autoregression, John C. Chao and Peter C.B. Phillips

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Weak σ- Convergence: Theory and Applications, Jianning Kong, Peter C.B. Phillips, and Donggyu Sul

Submissions from 2016

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Belief-Free Rationalizability and Informational Robustness, Dirk Bergemann and Stephen Morris

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Causal Change Detection in Possibly Integrated Systems: Revisiting the Money-Income Relationship, Shu-Ping Shi, Stan Hurn, and Peter C.B. Phillips

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Change Detection and the Causal Impact of the Yield Curve, Stan Hurn, Peter C.B. Phillips, and Shu-Ping Shi

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Homogeneity Pursuit in Panel Data Models: Theory and Applications, Peter C.B. Phillips, Liangjun Su, and Wuyi Wang

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Informationally Robust Optimal Auction Design, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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IV and GMM Estimation and Testing of Multivariate Stochastic Unit Root Models, Offer Lieberman and Peter C.B. Phillips

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(Non)Randomization: A Theory of Quasi-Experimental Evaluation of School Quality, Yusuke Narita

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(Non)Randomization: A Theory of Quasi-Experimental Evaluation of School Quality, Yusuke Narita

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Optimal Auction Design in a Common Value Model, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Projections and uncertainties about climate change in an era of minimal climate policies, William D. Nordhaus

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Selling to Intermediaries: Optimal Auction Design in a Common Value Model, Dirk Bergemann, Benjamin Brooks, and Stephen Morris

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Sequentially Testing Polynomial Model Hypotheses Using Power Transforms of Regressors, Jin Seo Cho and Peter C.B. Phillips

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Structural Inference from Reduced Forms with Many Instruments, Peter C.B. Phillips and Wayne Yuan Gao

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

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

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