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Working Papers
from University of Toronto, Department of Economics
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2008: Bayesian Analysis of a Probit Panel Data Model with Unobserved Individual Heterogeneity and Autocorrelated Errors
Martin Burda , Roman Liesenfeld and Richard, Jean-Francois 2008: Money, Prices, Wages, and 'Profit Inflation' in Spain, the Southern Netherlands, and England during the Price Revolution era: c. 1520 - c. 1650
John H. A. Munro 2008: Improving Forecasts of Inflation using the Term Structure of Interest Rates
Alonso Gomez , John M. Maheu and Alex Maynard 2008: The Latin American Development Problem
Diego Restuccia 2008: Caller Number Five and Related Timing Games
Andreas Park and Lones Smith 2008: When Herding and Contrarianism Foster Market Efficiency: A Financial Trading Experiment
Andreas Park and Daniel Sgroi 2008: Vehicle Currency
Michael Devereux and Shouyong Shi 2008: Bayesian semiparametric stochastic volatility modeling
Mark Jensen and John M. Maheu 2008: Forecasting Realized Volatility: A Bayesian Model Averaging Approach
Chun Liu and John M. Maheu 2008: Self-Promoting Investments
Carolyn Pitchik 2008: Delay in Strategic Information Aggregation
Ettore Damiano , Hao Li and Wing Suen 2008: Market Segmentation: The Role of Opaque Travel Agencies
Dmitry Shapiro and Xianwen Shi 2008: Bid-Ask Spreads and Volume:The Role of Trade Timing
Andreas Park 2008: On-the-Job Search and Business Cycles
Guido Menzio and Shouyong Shi 2008: Information Acquisition in Interdependent Value Auctions
Dirk Bergemann , Xianwen Shi and Juuso Valimaki 2007: From cities to productivity and growth in developing countries
Gilles Duranton 2007: Urban growth and transportation
Gilles Duranton and Matthew Turner 2007: Are there Structural Breaks in Realized Volatility?
Chun Liu and John M. Maheu 2007: Hanseatic Commerce in Textiles from the Low Countries and England during the Later Middle Ages
John H. A. Munro 2007: Optimal Auctions with Information Acquisition
Xianwen Shi 2007: Efficient Dynamic Coordination with Individual Learning
Amil Dasgupta , Jakub Steiner and Colin Stewart 2007: The Role of the Structural Transformation in Aggregate Productivity
Margarida Duarte and Diego Restuccia 2007: Comment: Identification of a Simple Dynamic Discrete Game under Rationalizability
Victor Aguirregabiria 2007: Pricing and Signaling with Frictions
Alain Delacroix and Shouyong Shi 2007: Dynamic Discrete Choice Structural Models: A Survey
Victor Aguirregabiria and Pedro mira 2007: Party formation in single-issue politics [revised]
Martin J. Osborne and Rabee Tourky 2007: Tawney's Century (1540-1640): the Roots of Modern Capitalist Entrepreneurship in England
John H. A. Munro 2007: Wages Equal Productivity. Fact or Fiction?
Johannes Van Biesebroeck 2007: How useful are historical data for forecasting the long-run equity return distribution?
John M. Maheu and Thomas McCurdy 2007: An Equilibrium Theory of Declining Reservation Wages and Learning
Francisco M. Gonzalez and Shouyong Shi 2007: Wage and Productivity Premiums in Sub-Saharan Africa
Johannes Van Biesebroeck 2007: Disaggregate Productivity Comparisons: Sectoral Convergence in OECD Countries
Johannes Van Biesebroeck 2007: Trade Growth under the African Growth and Opportunity Act
Garth Frazer and Johannes Van Biesebroeck 2007: The Usury Doctrine and Urban Public Finances in Late-Medieval Flanders: Annuities, Excise Taxes, and Income Transfers from the Poor to the Rich
John H. A. Munro 2007: Outsourcing when Investments are Specific and Complementary
Alla Lileeva and Johannes Van Biesebroeck 2007: Cost benefit analysis vs. referenda
Martin J. Osborne and Matthew Turner 2007: On Finance as a Theory of TFP, Cross-Industry Productivity Differences, and Economic Rents
Andres Erosa and Ana Hidalgo 2007: Learning, Forecasting and Structural Breaks
John M. Maheu and Stephen Gordon 2007: Policy Distortions and Aggregate Productivity with Heterogeneous Plants
Diego Restuccia and Richard Rogerson 2007: Another Look at the Identification of Dynamic Discrete Decision Processes: With an Application to Retirement Behavior
Victor Aguirregabiria 2007: Nontraded Goods, Market Segmentation, and Exchange Rates
Michael Dotsey and Margarida Duarte 2007: How Important is Human Capital? A Quantitative Theory Assessment of World Income Inequality
Andres Erosa , Tatyana Koreshkova and Diego Restuccia 2007: Modeling foreign exchange rates with jumps
John M. Maheu and Thomas McCurdy 2007: Decomposing the growth in residential land in the United States
Henry G. Overman , Diego Puga and Matthew Turner 2007: Nonparametric Inferences on Conditional Quantile Processes
Chuan Goh 2007: Monopolistic Group Design with Peer Effects
Simon Board 2007: An Estimable Dynamic Model of Entry, Exit and Growth in Oligopoly Retail Markets
Victor Aguirregabiria , Pedro Mira and Hernan Roman 2007: Bandwidth Selection for Semiparametric Estimators Using the m-out-of-n Bootstrap
Chuan Goh 2006: Search Theory; Current Perspectives
Shouyong Shi 2006: In praise of tax havens: International tax planning and foreign direct investment
Qing Hong and Michael Smart 2006: The Effectiveness of Anti-Smoking Campaigns over the Life-Cycle and the Role of Information
Eugene Choo and Robert Clark 2006: The Structural Transformation and Aggregate Productivity in Portugal
Margarida Duarte and Diego Restuccia 2006: Directed Search for Equilibrium Wage-Tenure Contracts
Shouyong Shi 2006: Prior Conditions, Age and the Impact of Insurance
Eugene Choo and Michael Denny 2006: Wearing Out -- The Decline in Health
Eugene Choo and Michael Denny 2006: Entrepreneurship in Early-Modern Europe (1450 - 1750): An Exploration of Some Unfashionable Themes in Economic History
John H. A. Munro 2006: Measuring the Cost of Economic Fluctuations with Preferences that Rationalize the Equity Premium
Angelo Melino 2006: Fat City: The Relationship Between Urban Sprawl and Obesity
Jean Eid , Henry G. Overman , Diego Puga and Matthew Turner 2006: Financial Contagion and Attention Allocation
Jordi Mondria 2006: Dynamic Spatial Competition Between Multi-Store Firms
Victor Aguirregabiria and Gustavo Vicentini 2006: Exploring the Detailed Location Patterns of UK Manufacturing Industries using Microgeographic Data
Gilles Duranton and Henry G. Overman 2006: Assessing the effects of local taxation using microgeographic data
Gilles Duranton , Laurent Gobillon and Henry G. Overman 2006: Pollution and the Price of Power
Donald Dewees 2006: Divorce Laws and the Structure of the American Family
Stéphane Mechoulan 2006: The Rise, Expansion, and Decline of the Italian Cloth Industries, 1100 - 1730: a study in conjoncture, transaction costs, and comparative advantage
John H. A. Munro 2006: Luxury and Ultra-Luxury Consumption in Later Medieval and Early Modern European Dress
John H. A. Munro 2006: Herd Behavior in Efficient Financial Markets
Andreas Park and Hamid Sabourian 2006: The External Effects of Black-Male Incarceration on Black Females
Stéphane Mechoulan 2006: Risky Sexual Behavior, Testing and New HIV Treatments
Stéphane Mechoulan 2006: Inequality and Growth in Rural China: Does Higher Inequality Impede Growth?
Dwayne Benjamin , Loren Brandt and John Giles 2006: The Usefulness of Corruptible Elections
Loren Brandt and Matthew Turner 2006: Strategic and extensive games
Martin J. Osborne 2006: Budget-Constrained Sequential Auctions with Incomplete Information
Carolyn Pitchik 2006: Self-Promoting Investments
Carolyn Pitchik 2006: Suspense
William Chan , Pascal Courty and Hao Li 2006: Currency Areas and Monetary Coordination
Qing Liu and Shouyong Shi 2006: Real Wages and the ‘Malthusian Problem’ in Antwerp and South-Eastern England, 1400 - 1700: A regional comparison of levels and trends in real wages
John H. A. Munro 2006: South German Silver, European Textiles, and Venetian Trade with the Levant and Ottoman Empire, c. 1370 to c. 1720: A non-mercantilist approach
John H. A. Munro 2006: What Explains Household Stock Holdings?
Miquel Faig and Pauline Shum 2006: COMPETITIVE-SEARCH EQUILIBRIUM IN MONETARY ECONOMIES
Miquel Faig and Xiuhua Huangfu 2006: DIVISIBLE MONEY IN AN ECONOMY WITH VILLAGES
Miquel Faig 2006: Inflation, Prices, and Information in Competitive Search
Miquel Faig and Belén Jerez 2006: A Revealed Preference Approach to the Measurement of Congestion in Travel Cost Models
Christopher Timmins and Jennifer Murdock 2006: A Simple Theory of Smart Growth and Sprawl
Matthew Turner 2006: Precautionary Balances and the Velocity of Circulation of Money
Miquel Faig and Belén Jerez 2006: The Dynamics of the Transfer and Renewal of Patents
Carlos J. Serrano 2006: Welfare Improvement from Restricting the Liquidity of Nominal Bonds
Shouyong Shi 2006: A Microfoundation of Monetary Economics
Shouyong Shi 2006: Comportements sexuels risques et incitations: l'impact des nouveaux traitements sur la prevention du VIH
Pierre Yves Geoffard and Stéphane Mechoulan 2006: The Expulsion of the Jews from France in 1306: a Modern Fiscal Analysis
Stéphane Mechoulan 2006: Electricity Restructuring and Regulation in the Provinces: Ontario and Beyond
Donald Dewees 2006: The Anti-Red Shift – to the Dark Side: Changes in the Colour Patterns and Market Values of Flemish Luxury Woollens, 1300 - 1550
John H. A. Munro 2006: Money, Price Dispersion and Welfare
Brian Peterson and Shouyong Shi 2006: The Variability of Velocity of Money in a Search Model
Weimin Wang and Shouyong Shi 2006: Wage Differentials, Discrimination and Efficiency
Shouyong Shi 2006: Credible Ratings
Ettore Damiano , Hao Li and Wing Suen
2008 
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