Working Papers

Paper Number Author Title
13-043 Maciej Kotowski, Fei Li On the Continuous Equilibria of Affiliated-Value, All-Pay Auctions with Private Budget Constraints, Second Version
13-042 Francesco Bianchi, Leonardo Melosi Modeling the Evolution of Expectations and Uncertainty in General Equilibrium
13-041 Francesco Bianchi, Leonardo Melosi Constrained Discretion and Central Bank Transparency
13-040 Nicholas Grau The Impact of College Admissions Policies on The Performance of High School Students
13-039 Enriqueta Aragones, Itzhak Gilboa, Andrew Postlewaite, David Schmeidler Rhetoric and Analogies
13-038 Yuichi Yamamoto Individual Learning and Cooperation in Noisy Repeated Games, Second Version
13-037 Simone Cerreia-Vioglio, David Dillenberger, Pietro Ortoleva Cautious Expected Utility and the Certainty Effect
13-036 Jesus Fernandez-Villaverde, Pablo Guerrón-Quintana, Juan Rubio-Ramirez Estimating Dynamic Equilibrium Models with Stochastic Volatility
13-035 Dirk Krueger, Alexander Ludwig Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation
13-034 George J. Mailath, Larry Samuelson Reputations in Repeated Games
13-033 Chong Huang, Fei Li Bargaining While Learning About New Arrivals, Second Version
13-032 Francesco Bianchi, Leonardo Melosi Dormant Shocks and Fiscal Virtue
13-031 Francesco Bianchi, Leonardo Melosi Constrained Discretion and Central Bank Transparency
13-030 Francesco Bianchi, Leonardo Melosi Modeling the Evolution of Expectations and Uncertainty in General Equilibrium
13-029 Leonardo Melosi Signaling Effects of Monetary Policy
13-028 Qingmin Liu, George J. Mailath, Andrew Postlewaite, Larry Samuelson Stable Matching with Incomplete Information, Second Version
13-027 Yochanan Shachmurove , Uriel Spiegel Are All Technological Improvements Beneficial? Absolutely Not
13-026 Philippe Aghion, Ufuk Akcigit, Peter Howitt What Do We Learn From Schumpeterian Growth Theory?
13-025 Philippe Aghion, Ufuk Akcigit, Jesus Fernandez-Villaverde Optimal Capital Versus Labor Taxation with Innovation-Led Growth
13-024 Kenneth Burdett, Guido Menzio (Q, S, s) Pricing Rules
13-023 Fei Li Efficient Learning and Job Turnover in the Labor Market
13-022 Olivier Compte, Andrew Postlewaite Folk Theorems, Second Version
13-021 Songnian Chen, Shakeeb Khan Informational Content of Special Regressors in Heteroskedastic Binary
13-020 Olivier Compte, Andrew Postlewaite Belief free equilibria
13-019 Rong Hai The Determinants of Rising Inequality in Health Insurance and Wages: An Equilibrium Model of Workers' Compensation and Health Care Policies
13-018 Daron Acemoglu, Ufuk Akcigit, Nicholas Bloom, William Kerr Innovation, Reallocation and Growth
13-017 Olivier Compte, Andrew Postlewaite Auctions, Second Version
13-016 S. Boragan Aruoba, Francis X. Diebold, Jeremy Nalewaik, Frank Schorfheide, Dongho Song Improving GDP Measurement: A Measurement-Error Perspective
13-015 Boleslaw Borkowski, Monika Krawiec, Yochanan Shachmurove Modeling and Estimating Volatility of Options on Standard & Poor's 500 Index
13-014 David Dillenberger, Juan Lleras, Philipp Sadowski, Norio Takeoka A Theory of Subjective Learning, Second Version
13-013 Milan Lakicevic, Yochanan Shachmurove , Milos Vulanovic On Mergers, Acquisitions and Liquidation Using Specified Purpose Acquisition Companies (SPACs)
13-012 Antonio Merlo, Thomas R. Palfrey External Validation of Voter Turnout Models by Concealed Parameter Recovery
13-011 Felipe Saffie, Sina Ates Project Heterogeneity and Growth: The Impact of Selection
13-010 Andrea Mattozzi, Antonio Merlo Mediocracy, Fourth Version
13-009 Ju Hu Reputation in the Presence of Noisy Exogenous Learning
13-008 Olivier Compte, Andrew Postlewaite Plausible Cooperation, Third Version
13-007 Itzhak Gilboa, Andrew Postlewaite, Larry Samuelson, David Schmeidler Economic Models as Analogies, Third Version
13-006 Antonio Merlo, Francois Ortalo-Magne, John P. Rust The Home Selling Problem: Theory and Evidence
13-005 Richard McLean, Andrew Postlewaite Implementation with Interdependent Valuations, Second Version
13-004 Jere R. Behrman, Susan Parker, Petra Todd, Kenneth I. Wolpin Aligning Learning Incentives of Students and Teachers: Results from a Social Experiment in Mexican High Schools
13-003 Francis X. Diebold A Personal Perspective on the Origin(s) and Development of “Big Data": The Phenomenon, the Term, and the Discipline, Second Version
13-002 Naoki Aizawa, Hanming Fang Equilibrium Labor Market Search and Health Insurance Reform
13-001 David Dillenberger, Andrew Postlewaite, Kareen Rozen Optimism and Pessimism with Expected Utility, Third Version
12-048 Greg Kaplan, Guido Menzio Shopping Externalities and Self-Fulfilling Unemployment Fluctuations
12-047 Harold L. Cole, Soojin Kim, Dirk Krueger Analyzing the Effects of Insuring Health Risks: On the Trade-off between Short Run Insurance Benefits vs. Long Run Incentive Costs
12-046 Xu Cheng, Bruce Hansen Forecasting with Factor-Augmented Regression: A Frequentist Model Averaging Approach
12-045 Xu Cheng, Zhipeng Liao Select the Valid and Relevant Moments: A One-Step Procedure for GMM with Many Moments
12-044 Yuichi Yamamoto Individual Learning and Cooperation in Noisy Repeated Games
12-043 V. Bhaskar, George J. Mailath, Stephen Morris A Foundation for Markov Equilibria in Infinite Horizon Perfect Information Games
12-042 Qingmin Liu, George J. Mailath, Andrew Postlewaite, Larry Samuelson Stable Matching with Incomplete Information, Second Version