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  • Faculty Books
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  • CARESS Working Paper Archive
  • Labor Market Returns to Personality: A Job Search Approach to Understanding Gender Gaps

    Christopher Flinn, Petra Todd, Weilong Zhang

    February 2025

  • ""

    Enhancing Human Capital in Children: A Case Study on Scaling

    Francesco Agostinelli, Ciro Avitabile

    February 2025

  • ""

    Heterogeneity and Aggregate Fluctuations

    Minsu Chang, Xiaohong Chen, Frank Schorfheide

    December 2024

  • ""

    Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis

    Harold L. Cole, Daniel Neuhann, Guillermo Ordonez

    May 2024

  • ""

    The Economics of the Public Option: Evidence from Local Pharmaceutical Markets

    Juan Pablo Atal, Jose Ignacio Cuesta, Felipe Gonzalez, Cristobal Otero

    March 2024

  • ""

    A Quantitative Theory of the Credit Score

    Satyajit Chatterjee , Dean Corbae, Kyle Dempsey, José-Víctor Ríos-Rull

    September 2023

  • Quarterly Journal of Economics

    Imperfect Risk Sharing and the Business Cycle

    David Berger, Luigi Bocola, Alessandro Dovis

    August 2023

  • The Review of Economic Studies

    Trust in Risk Sharing: A Double-Edged Sword

    Harold L. Cole, Dirk Krueger, George J. Mailath, Yena Park

    July 2023

  • Cover page

    Financial Frictions and the Wealth Distribution

    Jesús Fernández-Villaverde, Samuel Hurtado, Galo Nuno

    May 2023

  • The Fractured-Land Hypothesis

    The Fractured-Land Hypothesis

    Jesús Fernández-Villaverde, Mark Koyama, Youhong Lin, Tuan Hwee Sng

    May 2023

  • Cover page

    Partial Default

    Cristina Arellano, Xavier Mateos-Planas, José-Víctor Ríos-Rull

    April 2023

  • Cover page

    The Race Between Preferences and Technology

    Joachim Hubmer

    January 2023

  • ""

    Electoral Accountability and Control in US Cities

    Chamna Yoon, Holger Sieg

    November 2022

  • Asymmetric Information and Sovereign Debt: Theory Meets Mexican Data

    Asymmetric Information and Sovereign Debt: Theory Meets Mexican Data

    Harold L. Cole, Daniel Neuhann, Guillermo Ordonez

    August 2022

  • Cover page

    Self-Fulfilling Debt Crises, Revisited

    Mark Aguiar, Satyajit Chatterjee , Harold L. Cole, Zachary Stangebye

    May 2022

  • Econometrica

    Macro-Finance Decoupling: Robust Evaluations of Macro Asset Pricing Models

    Xu Cheng, Winston Wei Dou, Zhipeng Liao

    March 2022

  • The Review of Economic Studies

    Informal Risk Sharing with Local Information

    Wayne Yuan Gao , Attila Ambrus, Pau Milán

    December 2021

  • Econometrica

    Learning with Heterogeneous Misspecified Models: Characterization and Robustness

    Aislinn Bohren, Daniel Hauser

    November 2021

  • ""

    Improving the Measurement of Earnings Dynamics

    Moira Daly, Dmytro Hryshko, Iourii Manovskii

    July 2021

  • restud

    Rules without Commitment: Reputation and Incentives

    Alessandro Dovis

    January 2021

  • econometrica january 2021

    Instability of Centralized Markets

    Rakesh Vohra

    January 2021

  • American Economic Review

    Detecting Potential Overbilling in Medicare Reimbursement via Hours Worked: Reply

    Hanming Fang, Qing Gong

    December 2020

  • Volume 128, Number 11, November 2020

    Equilibrium Labor Market Search and Health Insurance Reform

    Hanming Fang, Naoki Aizawa

    November 2020

  • Volume 128, Number 10 | October 2020

    Intergenerational Redistribution in the Great Recession

    Dirk Krueger, José-Víctor Ríos-Rull, Andrew Glover, Jonathan Heathcote

    October 2020

  • Volume 128, Number 8, August 2020

    On the Identification of Gross Output Production Functions

    David A. Rivers, Salvador Navarro

    August 2020

  • American Economic Review Vol. 110 No. 5 May 2020

    Learning under Diverse World Views: Model-Based Inference

    George J. Mailath, Larry Samuelson

    May 2020

  • cover

    Time Lotteries and Stochastic Impatience

    David Dillenberger, Daniel Gottlieb, Pietro Ortoleva

    March 2020

  • JPE cover

    A New Approach to Estimating Equilibrium Models for Metropolitan Housing Markets

    Holger Sieg, Dennis Epple, Luis Quintero

    March 2020

  • American Economic Review Vol. 110 No. 3 March 2020

    Fiscal Rules, Bailouts, and Reputation in Federal Governments

    Alessandro Dovis, Rishabh Kirpalani

    March 2020

  • Journal of Political Economy Cover

    On the Optimality of Financial Repression

    Alessandro Dovis, Patrick J. Kehoe, V. V. Chari

    February 2020

  • Journal of Political Economy Cover

    Political Booms, Financial Crises

    Guillermo Ordonez, Helios Herrera, Christoph Trebesch

    February 2020

  • ""

    Forecasting with Dynamic Panel Data Models

    Laura Liu, Hyungsik Roger Moon, Frank Schorfheide

    January 2020

  • Econometrica JAN 2020, VOLUME 88, ISSUE 1

    Forecasting with Dynamic Panel Data Models

    Frank Schorfheide, Laura Liu, Hyungsik Moon

    January 2020

  • American Economic Review Vol. 109 No. 12 December 2019

    Self-Fulfilling Debt Crises: A Quantitative Analysis

    Alessandro Dovis, Luigi Bocola

    December 2019

  • American Economic Review Vol. 109 No. 12 December 2019

    Predicting and Understanding Initial Play

    Drew Fudenberg, Annie Liang

    December 2019

  • AER VOL. 109 No. 10 October 2019

    The Dynamics of Discrimination: Theory and Evidence

    Aislinn Bohren, Alex Imas, Michael Rosenberg

    October 2019

  • AMERICAN ECONOMIC REVIEW VOL. 109, NO. 7, JULY 2019

    Deliberately Stochastic

    David Dillenberger, Simone Cerreia-Vioglio, Pietro Ortoleva, Gil Riella

    July 2019

  • The Review of Economic Studies  Volume 86

    Analysing the Effects of Insuring Health Risks: On the Trade-off between Short-Run Insurance Benefits versus Long-Run Incentive Costs

    Harold L. Cole, Dirk Krueger, Soojin Kim

    May 2019

  • Econometrica Volume 87, Issue 2

    An Equilibrium Model of the African HIV/AIDS Epidemic

    Jeremy Greenwood, Philipp Kircher, Cezar Santos, Michele Tertilt

    March 2019

  • The Review of Economic Studies  Volume 86 Issue 1, January 2019,

    Efficient Sovereign Default

    Alessandro Dovis

    January 2019

  • Econometrica JAN 2019, VOLUME 87, ISSUE 1

    Optimal Taxation, Marriage, Home Production, and Family Labour Supply

    Andrew Shephard , George-Levi Gayle

    January 2019

  • Econometrica JAN 2019, VOLUME 87, ISSUE 1, p. 1-36

    From Aggregate Betting Data to Individual Risk Preferences

    Pierre-André Chiappori, Bernard Salanie, Francois Salanie

    January 2019

  • JPE Volume 126, Number 6 | December 2018

    Accounting for Mathematics Performance of High School Students in Mexico: Estimating a Coordination Game in the Classroom

    Petra Todd, Kenneth I. Wolpin

    December 2018

  • AER vol. 108 (11) November 2018

    Near Feasible Stable Matchings

    Rakesh Vohra, Thanh Nguyen

    November 2018

  • VOL. 108, NO. 8, AUGUST 2018

    Fiscal Rules, Bailouts, and Reputation in Federal Governments

    Alessandro Dovis, Rishabh Kirpalani

    August 2018

  • JPE 126, no. 2 (April 2018): 588-634

    Optimal, Time-Consistent Macroprudential Policy

    Enrique G. Mendoza, Javier Bianchi

    April 2018

  • Econometrica 86(2), 2018, 617-654

    Identifying Long-run Risks: A Bayesian Mixed-Frequency Approach

    Frank Schorfheide, Dongho Song

    January 2018

  • AER VOL 107 NO 7 July 2017

    Estimating Dynamic Games of Electoral Competition to Evaluate Term Limits in U.S. Gubernatorial Elections

    Holger Sieg, Chamna Yoon

    July 2017

  • JPE 125 (3), 761-797

    Admitting Students to Selective Education Programs: Merit, Profiling, and Affirmative Action

    Holger Sieg, Dario Cestau, Dennis Epple

    June 2017

  • VOL. 107, NO. 5, MAY 2017

    The Role of Marriage in Fighting HIV: A Quantitative Illustration for Malawi

    Jeremy Greenwood, Philipp Kircher, Cezar Santos, Michele Tertilt

    May 2017

  • AER VOL. 107, NO. 4, APRIL 2017

    Banks as Secret Keepers

    Guillermo Ordonez, Tri Vi Dang, Gary Gorton, Bengt Holmstrom

    April 2017

  • Econometrica JAN 2017, VOLUME 85, ISSUE 1

    Identifying Equilibrium Models of Labor Market Sorting

    Iourii Manovskii, Marcus Hagedorn, Tzuo Law

    March 2017

  • AER VOL 107  NO2 FEBRUARY 2017

    Detecting Potential Overbilling in Medicare Reimbursement via Hours Worked

    Hanming Fang, Qing Gong

    February 2017

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