Accepted Papers

The following papers have been accepted for publication:


Evolutionary Consumers Imply Monopolies Exit
Patrick Hummel and R. Preston McAfee


The Dynamics of Bertrand Price Competition with Cost-Reducing Investments
Fedor Iskhakov, John Rust, and Bertel Schjerning

Economic Analysis of Social Security Survivors Insurance
Yue Li

A Model of Patent Trolls
Jay Pil Choi and Heiko Gerlach

Product Choice under Government Regulation: The Case of Chile’s Privatized Pension System
Elena Krasnokutskaya, Yiyang Li, and Petra E. Todd

Do Markets Prove Pessimists Right?
Jürgen Eichberger and Ani Guerdjikova

Multi-period Matching
Sangram V. Kadam and Maciej H. Kotowski

Coalition Bargaining in Repeated Games
Arnold Polanski and Fernando Vega-Redondo

Government Debt and Banking Fragility: The Spreading of Strategic Uncertainty
Russell Cooper and Kalin Nikolov

Patentability, R&D Direction, and Cumulative Innovation
Yongmin Chen, Shiyuan Pan, and Tianle Zhang

Optimal Cost Overruns: Procurement Auctions with Renegotiation
Fabian Herweg and Marco A. Schwarz

Value of the Status-quo and Efficient Partnership Dissolution
Murali Agastya and Oleksii Birulin

Zooming in on Ambiguity Attitude
Aurélien Baillon and Aysil Emirmahmutoglu

Estimating the gains from Trade in the Market for Patent Rights
Carlos J. Serrano

A Theory of Pruning
Giovanni Lombardo and Harald Uhlig

The Equitable Top Trading Cycles Mechanism for School Choice
Rustamdjan Hakimov and Onur Kesten

Great Moderation and Great Recession: From Plain Sailing to Stormy Seas?
María Dolores Gadea, Ana Gómez-Loscos, and Gabriel Pérez-Quirós

Multilateral Trade Bargaining and Dominant Strategies
Kyle Bagwell and Robert W. Staiger

Identifying Exchange Rate Common Factors
Ryan Greenaway-McGrevy, Nelson C. Mark, Donggyu Sul, and Jyh-Lin Wu

Worker Turnover and Unemployment Insurance
Sekyu Choi and Javier Fernandez-Blanco

Information Asymmetry, Manufacturer-Retailer Contracts, and Two-Sided Entry
Tat Chan, Alvin Murphy, and Li Wang

Testing for Micro Efficiency in the Housing Market
André Kallåk Anunsen and Erling Røed Larsen

City Equilibrium with Borrowing Constraints: Structural Estimation and General Equilibrium Effects
Amine Ouazad and Romain Rancière

Productivity or Unexpected Demand Shocks: What Determines Firms' Investment and Exit Decisions?
Pradeep Kumar and Hongsong Zhang

Selling a Lemon under Demand Uncertainty
Kyungmin Kim and Sun Hyung Kim

Insurance-Induced Moral Hazard: A Dynamic Model of Within-Year Medical Care Decision Making Under Uncertainty
Christopher J. Cronin

Structural Empirical Evaluation of Job Search Monitoring
Gerard van den Berg and Bas van der Klaauw

Preferences under Ignorance
Olivier Gossner and Christoph Kuzmics

Liquidity, Monetary Policy and Unemployment
Mei Dong and Sylvia Xiao

Price Dynamics with Customer Markets
Luigi Paciello, Andrea Pozzi, and Nicholas Trachter

Financial Safety Nets
Javier Bianchi, Julien Bengui, and Louphou Coulibaly

The Elasticity of Substitution between Time and Market Goods: Evidence from the Great Recession
Aviv Nevo and Arlene Wong

Worker Investments in Safety, Workplace Accidents, and Compensating Wage Differentials
José R. Guardado and Nicolas R. Ziebarth

Testing the Quantal Response Hypothesis
Emerson Melo, Kirill Pogorelskiy, and Matthew Shum

Retrospective Voting and Party Polarization
Ignacio Esponda and Demian Pouzo

Time-varying Volatility, Default and the Sovereign Risk Premium
Hernán D. Seoane

On the Timing of Production Decisions in Monetary Economies
Nejat Anbarci, Richard Dutu, and Ching-jen Sun

Late Career Job Loss and the Decision to Retire
Irina Merkurieva

Understanding Per-capita Income Growth in Preindustrial Europe
Nils-Petter Lagerlöf

Supplier Innovation in the Presence of Buyer Power
Zhiqi Chen

Financial Risk and Unemployment
Zvi Eckstein, Ofer Setty, and David Weiss

Auction-lottery Hybrid Mechanisms: Structural Model and Empirical Analysis
Yaangguang Huang and Quan Wen

Technology, Policy Distortions and the Rise of Large Farms
Wenbiao Cai

Currency Union with or without Banking Union
Vincent Bignon, Régis Breton, and Marina Rojas-Breu

A Structural Model of Electoral Accountability
S. Borağan Aruoba, Allan Drazen, and Razvan Vlaicu

Wage Volatility and Changing Patterns of Labor Supply
Jay H. Hong, Byoung Hoon Seok, and Hye Mi You

Family Firms, Bank Relationships and Financial Constraints: A Comprehensive Score Card
Alexander Karaivanov, Jesús Saurina, and Robert M. Townsend

The Impact of Body Weight on Occupational Mobility and Career Development
Matthew C. Harris

An Experimental Study of Uncertainty in Coordination Games
Christos Ioannou and Miltiadis Makris

Strategic Bidding and Contract Renegotiation
Hojin Jung, Georgia Kosmopoulou, Carlos Lamarche, and Richard Sicotte

Market Economies with an Endogenous Social Division of Labour
Robert P. Gilles

Beauty Premium and Marriage Premium in Search Equilibrium: Theory and Empirical Test
Roberto Bonilla, Francis Z. Kiraly, and John Wildman

Learning and Life Cycle Patterns Of Occupational Transitions
Aspen Gorry, Devon Gorry, and Nicholas Trachter

Network Search: Climbing the Job Ladder Faster
Marcelo Arbex, Dennis O’Dea, and David Wiczer

Extreme Events and Optimal Monetary Policy
Jinill Kim and Francisco Ruge-Murcia

Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security
Daniel Harenberg and Alexander Ludwig

Enhancing Effort Supply with Prize-Augmenting Entry Fees: Theory and Experiments
Robert G. Hammond, Bin Liu, Jingfeng Lu, and Yohanes E. Riyanto

Learning in a Hedonic Framework: Valuing Brownfield Remediation
Lala Ma

Bargaining with Optimism: Identification and Estimation of a Model of Medical Malpractice Litigation
Antonio Merlo and Xun Tang

Long-Run Energy Use and the Efficiency Paradox
Sebastian Rausch and Hagen Schwerin

2018 Klein Lecture - Individual and Aggregate Labor Supply in Heterogeneous Agent Economies with Intensive and Extensive Margins
Yongsung Chang, Sun-Bin Kim, Kyooho Kwon, and Richard Rogerson

Nonneutrality of Money in Dispersion: Hume Revisited
Gu Jin and Tao Zhu