Working Papers
From New Economic School (NES)
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- w0241: Breaking Badly: The Currency Union Effect on Trade

- Douglas Campbell and Aleksandr Chentsov
- w0240: Self-Enforcing Trade Credit

- Marta Troya-Martinez
- w0239: The Stolypin Reform and Agricultural Productivity in Late Imperial Russia

- Paul Castañeda Dower and Andrei Markevich
- w0238: Labor Misallocation and Mass Mobilization: Russian Agriculture during the Great War

- Paul Castañeda Dower and Andrei Markevich
- w0237: The Economic Effects of the Abolition of Serfdom: Evidence from the Russian Empire

- Andrei Markevich and Ekaterina Zhuravskaya
- w0236: Cautious and Globally Ambiguity Averse

- Ozgur Evren
- w0235: Choice Overload and Asymmetric Regret

- Gökhan Buturaky and Ozgur Evren
- w0234: Dimensional Analysis and Market Microstructure Invariance

- Albert Kyle and Anna Obizhaeva
- w0233: News Articles and Equity Trading

- Albert Kyle, Anna Obizhaeva, Nitish Ranjan Sinha and Tugkan Tuzun
- w0232: Invariance of buy-sell switching points

- Kyoung-hun Bae, Albert Kyle, Eun Jung Lee and Anna Obizhaeva
- w0231: Beliefs Aggregation and Return Predictability

- Albert Kyle, Anna Obizhaeva and Yajun Wang
- w0230: Microstructure Invariance in U.S. Stock Market Trades

- Albert Kyle, Anna Obizhaeva and Tugkan Tuzun
- w0229: Intraday Trading Invariance in the E-mini S&P 500 Futures Market

- Torben Andersen, Oleg Bondarenko, Albert Kyle and Anna Obizhaeva
- w0228: Market Microstructure Invariance: A Dynamic Equilibrium Model

- Albert Kyle and Anna Obizhaeva
- w0227: Large Bets and Stock Market Crashes

- Albert Kyle and Anna Obizhaeva
- w0226: Smooth Trading with Overconfidence and Market Power

- Albert Kyle, Anna Obizhaeva and Yajun Wang
- w0225: Liquidity Estimates and Selection Bias

- Anna Obizhaeva
- w0224: Portfolio Transitions and Stock Price Dynamics

- Anna Obizhaeva
- w0223: The Impact of Real Exchange Rate Shocks on Manufacturing Workers: An Autopsy from the MORG

- Douglas Campbell and Lester Lusher
- w0222: Subjective Contingencies and Limited Bayesian Updating

- Stefania Minardi and Andrei Savochkin
- w0221: Demand for Alcohol Consumption and Implication for Mortality: Evidence from Russia

- Evgeny Yakovlev
- w0220: Trade Shocks, Taxes, and Inequality

- Douglas Campbell and Lester Lusher
- w0219: Long-Run Effects of Public Policies: Endogenous Alcohol Preferences and Life Expectancy in Russia

- Lorenz Kueng and Evgeny Yakovlev
- w0218: The adverse effects of incentives regulation in health care: a comparative analysis with the U.S. and Japanese hospital data

- Galina Besstremyannaya
- w0217: Robust non-parametric estimation of cost efficiency with an application to banking industry

- Galina Besstremyannaya and Jaak Simm
- w0216: Measurement Matters: Productivity-Adjusted Weighted Average Relative Price Indices

- Douglas Campbell
- w0215: Product Market Competition, Capital Constraints and Firm Growth

- Mikael Bergbrant, Delroy Hunter and Patrick Kelly
- w0214: Macroeconomic Expectations and the Size, Value and Momentum Factors

- Mikael Bergbrant and Patrick Kelly
- w0213: Modeling and Forecasting Realized Covariance Matrices with Accounting for Leverage

- Stanislav Anatolyev and Nikita Kobotaev
- w0212: Relative Prices and Hysteresis: Evidence from US Manufacturing

- Douglas Campbell
- w0211: The Diffusion of Development: Along Genetic or Geographic Lines?

- Douglas Campbell and Ju Hyun Pyun
- w0210: Through the Looking Glass: A WARPed View of Real Exchange Rate History

- Douglas Campbell
- w0209: Specification Tests for Nonlinear Dynamic Models

- Igor Kheifets
- w0208: Information Efficiency and Firm-Specific Return Variation

- Patrick Kelly
- w0207: Tax-adjusted Q Model with Intangible Assets: Theory and Evidence from Temporary Investment Tax Incentives

- Estelle Dauchy and Sophia Chen
- w0206: The efficiency of labor matching and remuneration reforms: a panel data quantile regression approach with endogenous treatment variables

- Galina Besstremyannaya
- w0205: Foreign Direct Investment and Governance Quality in Russia

- Olga Kuzmina, Natalya Volchkova and Tatiana Zueva
- w0204: Urban inequity in the performance of social health insurance system: evidence from Russian regions

- Galina Besstremyannaya
- w0203: Multi-payer health insurance systems in Central and Eastern Europe: lessons from the Czech Republic, Slovakia, and Russia

- Galina Besstremyannaya and Jaak Simm
- w0202: Land Tenure and Productivity in Agriculture: The Case of the Stolypin Reform in Late Imperial Russia

- Paul Castañeda Dower and Andrei Markevich
- w0201: Investor Valuations of Japan's Adoption of a Territorial Tax Regime: Quantifying the Direct and Competitive Effects of International Tax Reform

- Estelle Dauchy, Sebastien Bradley and Makoto Hasegawa
- w0200: Asymmetric Trade Estimator in Modified Gravity: Corporate Tax Rates and Trade in OECD Countries

- Estelle Dauchy and Christopher Balding
- w0199: The Efficiency Cost of Asset Taxation in the U.S. after Accounting for Intangible Assets

- Estelle Dauchy
- w0198: Federal Income Tax Revenue Volatility Since 1966

- Estelle Dauchy and Christopher Balding
- w0197: Operating Flexibility and Capital Structure: Evidence from a Natural Experiment

- Olga Kuzmina
- w0196: Labor Surplus and Mass Mobilization: Russian Agriculture during the Great War

- Paul Castañeda Dower and Andrei Markevich
- w0195: Export costs of visa restrictions

- Natalia Kapelko and Natalya Volchkova
- w0194: Competition among Portfolio Managers and Asset Specialization

- Suleyman Basak and Dmitry Makarov
- w0193: Heterogeneous hospital response to a per diem prospective payment system

- Galina Besstremyannaya
- w0192: Direct Democracy and Resource Allocation: Experimental Evidence from Afghanistan

- Andrew Beath, Fotini Christia and Ruben Enikolopov