Departmental Working Papers

from Rutgers University, Department of Economics
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200115: Closing Small Open Economy Models

Stephanie Schmitt-Grohe and Martin Uribe

200114: The Impact on Forecasts and Impulse Responses of Restricting Drift in a Vector Autoregression

John Landon-Lane

200113: The Changing Role of America’s Veterans

Hugh Rockoff

200112: Prices and Unit Labor Costs: A New Test of Price Stickiness

Argia Sbordone

200111: International Spillovers and Water Quality in Rivers: Do Countries Free Ride?

Hilary Sigman

200110: An Optimizing Model of U.S. Wage and Price Dynamics

Argia Sbordone

200109: Chaotic Interest Rate Rules

Jess Benhabib, Stephanie Schmitt-Grohe and Martin Uribe

200108: Monetary Policy Shocks in an Economy with Segmented Markets

Filippo Occhino

200107: Individual Sense of Fairness: An Experimental Study

Barry Sopher, Edi Karni and Tim C. Salmon

200106: Solving Dynamic General Equilibrium Models Using a Second-Order Approximation to the Policy Function

Stephanie Schmitt-Grohe and Martin Uribe

200105: Optimal Fiscal and Monetary Policy Under Sticky Prices

Stephanie Schmitt-Grohe and Martin Uribe

200104: CAPM and the Duration of Poorly Performing Mutual Funds

Alex Keenan

200103: Large-Scale Synchrony, Global Interdependence and Contagion

Eric Friedman, Simon Johnson and Adam Landsberg

200102: Managerial Incentives and the Efficiency of Capital Structure

Joseph P. Hughes, Choon-Geol Moon, William W. Lang and Michael S. Pagano

200101: Optimal Fiscal and Monetary Policy under Imperfect Competition

Stephanie Schmitt-Grohe and Martin Uribe

200023: Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries

Thomas Prusa and Michael Knetter

200022: Asynchronous Learning with Limited Information: An Experimental Analysis

Barry Sopher, Eric Friedman, Scott Shenker and Mikhael Shor

200021: Social Learning and Coordination Conventions in Intergenerational Games: An Experiment in Lamarckian Evolutionary Dynamics

Barry Sopher and Andrew Schotter

200020: Creating Culture in the Lab: Equilibrium Conventions in Intergenerational Ultimatum Games

Barry Sopher and Andrew Schotter

200019: Inequality, Politics and Economic Growth

Debajyoti Chakrabarty

200018: Poverty traps and Growth in a model of Endogenous Time Preference

Debajyoti Chakrabarty

200017: Strategic Properties of Heterogeneous Serial Cost Sharing

Eric Friedman

200016: What Are Migration Networks?

Thomas K. Bauer, Ira Gang and Gil S. Epstein

200015: The Gender Wage Gap and Discrimination, East Germany 1990-1997

Ira Gang and Myeong-Su Yun

200014: Liquidity Traps with Global Taylor Rules

Stephanie Schmitt-Grohe and Martin Uribe

200013: Recent Developments in the Debate on Deferral

Rosanne Altshuler

200012: The Effect of the Tax Reform Act of 1986 on the Location of Assets

Rosanne Altshuler and Robert Glenn Hubbard

200010: Should ECNs be SOES-able?

Bruce Mizrach and Yijie Zhang

200009: Repatriation Taxes, Repatriation Strategies and Multinational Financial Policy

Rosanne Altshuler and Harry Grubert

200008: A Wolfram in Sheep's Clothing: Economic Warfare in Spain and Portugal, 1940-1944

Hugh Rockoff and Leonard Caruana

200007: Efficient Risk-Taking and Regulatory Covenant Enforcement in a Deregulated Banking Industry

Joseph P. Hughes, Choon-Geol Moon and Robert DeYoung

200006: Stabilization Policy and the Costs of Dollarization

Stephanie Schmitt-Grohe and Martin Uribe

200005: Recovering Risky Technologies Using The Almost Ideal Demand System: An Application To U.S. Banking

Joseph P. Hughes, Loretta J. Mester, William Lang and Choon-Geol Moon

200004: Are Scale Economies in Banking Elusive or Illusive?

Joseph P. Hughes, Loretta J. Mester and Choon-Geol Moon

200003: Henry Calvert Simons and the Quantity Theory of Money

Hugh Rockoff

200002: Getting in the Scrap: the Salvage Drives of World War II

Hugh Rockoff

200001: Decomposition Analysis for a Binary Choice Model

Myeong-Su Yun

199925: Avoiding Liquidity Traps

Jess Benhabib, Stephanie Schmitt-Grohe and Martin Uribe

199924: Making the French Pay: The Costs and Consequences of the Napoleonic Reparations

Eugene White

199923: Paths and Consistency in Additive Cost Sharing

Eric Friedman

199922: Propping and Looting when Investor Protection is Weak

Eric Friedman and Simon Johnson

199921: Dodging the Grabbing Hand: The Determinants of Unofficial Activity in 69

Eric Friedman, Simon Johnson, Daniel Kaufmann and Pablo Zoido-Lobaton

199920: Corporate Governance in the Asian Financial Crisis

Eric Friedman, Simon Johnson, Peter Boone and Alasdair Breach

199919: Strong Monotonicity in Surplus Sharing

Eric Friedman

199918: Optimization Based Characterizations of Cost Sharing Methods

Eric Friedman

199917: Robust Social Norms in Bargains and Markets

Eric Friedman

199916: On the spread and impact of antidumping

Thomas J. Prusa

199915: Endogenous business cycles and the dynamics of output, hours, and consumption

Stephanie Schmitt-Grohe

199914: Monetary Policy and Multiple Equilibria

Jess Benhabib, Stephanie Schmitt-Grohe and Martin Uribe

199913: Endogeneous Distribution and the Political Economy of Trade Policy

Satya P. Das