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Cowles Foundation Discussion Papers

From Cowles Foundation for Research in Economics, Yale University
Yale University, Box 208281, New Haven, CT 06520-8281 USA.
Contact information at EDIRC.

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2328: Gerrymandering and the Limits of Representative Democracy Downloads
Kai Hao Yang and Alexander K. Zentefis
2327: Consumer Bankruptcy, Mortgage Default and Labor Supply Downloads
Wenli Li, Costas Meghir and Florian Oswald
2326: Framing Human Action in Physics: Valid Reconstruction, Invalid Reduction Downloads
Shabnam Mousavi and Shyam Sunder
2325: Optimal Inter-Release Time between Sequentially Released Products Downloads
Jackie Y. Luan and K. Sudhir
2324: Is Selling Complete Information (Approximately) Optimal? Downloads
Dirk Bergemann, Yang Cai, Grigoris Velegkas and Mingfei Zhao
2323: A Panel Clustering Approach to Analyzing Bubble Behavior Downloads
Yanbo Liu, Peter C. B. Phillips and Jun Yu
2322: The Value of Arbitrage Downloads
Eduardo Dávila, Daniel Graves and Cecilia Parlatore
2321: Market-Minded Informational Intermediary and Unintended Welfare Loss Downloads
Wenji Xu and Kai Hao Yang
2320: Consumer Guilt and Sustainable Choice: Environmental Impact of Durable Goods Innovation Downloads
K. Sudhir, Ramesh Shankar and Yuan Jin
2319: Efficient Estimation of Average Derivatives in NPIV Models: Simulation Comparisons of Neural Network Estimators Downloads
Jiafeng Chen, Xiaohong Chen and Elie Tamer
2318: Optimal Information Disclosure in Auctions Downloads
Dirk Bergemann, Benjamin Brooks and Stephen Morris
2317: A Game-theoretic Analysis of Childhood Vaccination Behavior: Nash Versus Kant Downloads
Philippe De Donder, Humberto Llavador, Stefan Penczynski, John E. Roemer and Roberto Velez
2316: The Measuring of Assortativeness in Marriage: A Comment Downloads
Pierre-Andre Chiappori, Monica Costa Dias and Costas Meghir
2315: A Structural Model of Organizational Buying for B2B Markets: Innovation Adoption with Share of Wallet Contracts Downloads
Navid Mojir and K. Sudhir
2314: Endogenous Spatial Production Networks: Quantitative Implications for Trade & Productivity Downloads
Piyush Panigrahi
2313: Incorporating Search and Sales Information in Demand Estimation Downloads
Ali Hortascu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg and Kevin R. Williams
2312: Organizational Structure and Pricing: Evidence from a Large U.S. Airline Downloads
Ali Hortascu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg and Kevin R. Williams
2312: Organizational Structure and Pricing: Evidence from a Large U.S. Airline Downloads
Ali Hortascu, Olivia R. Natan, Hayden Parsley, Timothy Schwieg and Kevin R. Williams
2311: Optimal Unilateral Carbon Policy Downloads
Samuel Kortum and David A. Weisbach
2310: Coresets for Time Series Clustering Downloads
Lingxiao Huang, K. Sudhir and Nisheeth Vishnoi
2309: Coresets for Regressions with Panel Data Downloads
Lingxiao Huang, K. Sudhir and Nisheeth Vishnoi
2308: Herding with Heterogeneous Ability: An Application to Organ Transplantation Downloads
Stephanie De Mel, Kaivan Munshi, Soenje Reiche and Hamid Sabourian
2307: Limit Theory for Locally Flat Functional Coefficient Regression Downloads
Peter Phillips and Ying Wang
2306: On Multicointegration Downloads
Peter Phillips and Igor Kheifets
2305: Robust Inference with Stochastic Local Unit Root Regressors in Predictive Regressions Downloads
Yanbo Liu and Peter Phillips
2304: Estimation and Inference with Near Unit Roots Downloads
Peter Phillips
2303: Discrete Fourier Transforms of Fractional Processes with Econometric Applications Downloads
Peter Phillips
2302: Lookalike Targeting on Others' Journeys: Brand Versus Performance Marketing Downloads
K. Sudhir, Seung Yoon Lee and Subroto Roy
2301: Foundations of Demand Estimation Downloads
Steven Berry and Philip A. Haile
2300: Selling Impressions: Efficiency vs. Competition Downloads
Dirk Bergemann, Tibor Heumann, Stephen Morris, Constantine Sorokin and Eyal Winter
2299: Learning Efficiency of Multi-Agent Information Structures Downloads
Mira Frick, Ryota Iijima and Yuhta Ishii
2299: Learning Efficiency of Multi-Agent Information Structures Downloads
Mira Frick, Ryota Iijima and Yuhta Ishii
2298: Experimental Persuasion Downloads
Ian Ball and José-Antonio Espín-Sánchez
2297: Nonlinear Pricing with Finite Information Downloads
Dirk Bergemann, Edmund Yeh and Jinkun Zhang
2296: Information Markets and Nonmarkets Downloads
Dirk Bergemann and Marco Ottaviani
2295: Corrective Regulation with Imperfect Instruments Downloads
Eduardo Dávila and Ansgar Walther
2294: Holding Up Green Energy Downloads
Nicholas Ryan
2293: Long Term Effects of Cash Transfer Programs in Colombia Downloads
Orazio P. Attanasio, Lina Cardona-Sosa, Carlos Medina, Costas Meghir and Christian Posso
2292: Adaptive Estimation and Uniform Confidence Bands for Nonparametric IV Downloads
Xiaohong Chen, Timothy M. Christensen and Sid Kankanala
2291: Selling Impressions: Efficiency vs. Competition Downloads
Dirk Bergemann, Tibor Heumann and Stephen Morris
2290: The Optimality of Upgrade Pricing Downloads
Dirk Bergemann, Alessandro Bonatti, Andreas Haupt and Alex Smolin
2290: The Optimality of Upgrade Pricing Downloads
Dirk Bergemann, Alessandro Bonatti, Andreas Haupt and Alex Smolin
2289: Heterogeneity and Aggregate Fluctuations Downloads
Minsu Chang, Xiaohong Chen and Frank Schorfheide
2288: Regression-Adjusted Estimation of Quantile Treatment Effects under Covariate-Adaptive Randomizations Downloads
Liang Jiang, Xiaobin Liu, Peter Phillips and Yichong Zhang
2287: What Do Price Equations Say About Future Inflation? Downloads
Ray C. Fair
2286: Climate Club Futures: On the Effectiveness of Future Climate Clubs Downloads
William D. Nordhaus
2285: Calibrated Click-Through Auctions: An Information Design Approach Downloads
Dirk Bergemann, Paul Duetting, Renato Paes Leme and Song Zuo
2284: Normalizing Community Mask-Wearing: A Cluster Randomized Trial in Bangladesh Downloads
Jason Abaluck, Laura H Kwong, Ashley Styczynski, Md. Ashraful Haque, Alamgir Kabir, Ellen Bates-Jeffries, Emily Crawford, Jade Benjamin-Chung, Salim Benhachmi, Shabib Raihan, Shadman Rahman, Neeti Zaman, Peter J. Winch, Md. Maqsud Hossain, Hasan Mahmud Reza, Stephen P. Luby and Ahmed Mobarak
2283: Algorithm is Experiment: Machine Learning, Market Design, and Policy Eligibility Rules Downloads
Yusuke Narita and Kohei Yata
2282: Measuring the U.S. Employment Situation Using Online Panels: The Yale Labor Survey Downloads
Christopher Foote, Tyler Hounshell, William D. Nordhaus, Douglas Rivers and Pamela Torola
2281: Curse of Democracy: Evidence from the 21st Century Downloads
Yusuke Narita and Ayumi Sudo
2281: Curse of Democracy: Evidence from 2020 Downloads
Yusuke Narita and Ayumi Sudo
2280: Distributional Impacts of Retail Vaccine Availability Downloads
Judith Chevalier, Jason L. Schwartz, Yihua Su and Kevin R. Williams
2279: Retrospective Voting Versus Risk-Aversion Voting: A Comment on Pástor and Veronesi (2020) Downloads
Ray C. Fair
2279: Retrospective Voting Versus Risk-Aversion Voting Downloads
Ray C. Fair
2278: Kant and Lindahl Downloads
John Roemer and Joaquim Silvestre
2277: Are Stock Returns and Output Growth Higher Under Democrats? Downloads
Ray C. Fair
2276: Survival Pessimism and the Demand for Annuities Downloads
Cormac O'Dea and David Sturrock
2275: Is Habit a Powerful Policy Instrument to Induce Prosocial Behavioral Change? Downloads
Johann Caro-Burnett, Ahmed Mobarak and Judith Chevalier
2274: Welfare Comparisons for Biased Learning Downloads
Mira Frick, Ryota Iijima and Yuhta Ishii
2274: Welfare Comparisons for Biased Learning Downloads
Mira Frick, Ryota Iijima and Yuhta Ishii
2273: Optimal Bundling: Characterization, Interpretation, and Implications for Empirical Work Downloads
Soheil Ghili
2272: Bayesian Persuasion with Lie Detection Downloads
Florian Ederer and Weicheng Min
2271: Trade and Informality in the Presence of Labor Market Frictions and Regulations Downloads
Rafael Dix-Carneiro, Pinelopi Goldberg, Costas Meghir and Gabriel Ulyssea
2270: Mixed Bundling in Oligopoly Markets Downloads
Jidong Zhou
2269: Consumer Information and the Limits to Competition Downloads
Mark Armstrong and Jidong Zhou
2268: Take a Break!...Or More Downloads
Maria Saez Marti
2267: When the Great Equalizer Shuts Down: Schools, Peers, and Parents in Pandemic Time Downloads
Francesco Agostinelli, Matthias Doepke, Giuseppe Sorrenti and Fabrizio Zilibotti
2266: A Model of Crisis Management Downloads
Fei Li and Jidong Zhou
2265: Aggregate Implications of Firm Heterogeneity: A Nonparametric Analysis of Monopolistic Competition Trade Models Downloads
Rodrigo Adao, Costas Arkolakis and Sharat Ganapati
2264: Improved Information in Search Markets Downloads
Jidong Zhou
2263: Multiproduct Intermediaries Downloads
Makoto Watanabe and Jidong Zhou
2262: Open Banking: Credit Market Competition When Borrowers Own the Data Downloads
Zhiguo He, Jing Huang and Jidong Zhou
2262: Open Banking: Credit Market Competition When Borrowers Own the Data Downloads
Zhiguo He, Jing Huang and Jidong Zhou
2261: Mothers' Social Networks and Socioeconomic Gradients of Isolation Downloads
Alison Andrew, Orazio P. Attanasio, Britta Augsburg, Jere Behrman, Monimalika Day, Pamela Jervis, Costas Meghir and Angus Phimister
2260: Analysis of Nine U.S. Recessions and Three Expansions Downloads
Ray C. Fair
2260: Analysis of Nine U.S. Recessions and Three Expansions Downloads
Ray C. Fair
2259: Forecasting Economic Activity Using the Yield Curve: Quasi-Real-Time Applications for New Zealand, Australia and the US Downloads
Todd Henry and Peter Phillips
2258: Selling Consumer Data for Profit: Optimal Market-Segmentation Design and its Consequences Downloads
Kai Hao Yang
2257: Identification and Inference in First-Price Auctions with Risk Averse Bidders and Selective Entry Downloads
Xiaohong Chen, Matthew Gentry, Tong Li and Jingfeng Lu
2256: Consistent Misspecification Testing in Spatial Autoregressive Models Downloads
Jungyoon Lee, Peter Phillips and Francesca Rossi
2255: Optimally Stubborn Downloads
Anna Sanktjohanser
2254: When Do Consumers Talk? Downloads
Ishita Chakraborty, Joyee Deb and Aniko Oery
2254: When Do Consumers Talk? Downloads
Ishita Chakraborty, Joyee Deb and Aniko Oery
2253: Heterogeneous Paths of Industrialization Downloads
Federico Huneeus
2252: High-Dimensional VARs with Common Factors Downloads
Ke Miao, Peter Phillips and Liangjun Su
2251: Common Bubble Detection in Large Dimensional Financial Systems Downloads
Ye Chen, Peter Phillips and Shuping Shi
2250: When Bias Contributes to Variance: True Limit Theory in Functional Coefficient Cointegrating Regression Downloads
Peter Phillips and Ying Wang
2249: Bootstrap Inference for Quantile Treatment Effects in Randomized Experiments with Matched Pairs Downloads
Liang Jiang, Xiaobin Liu, Peter Phillips and Yichong Zhang
2248: Diagnosing Housing Fever with an Econometric Thermometer Downloads
Shuping Shi and Peter Phillips
2247: Information Frictions and Access to the Paycheck Protection Program Downloads
John Humphries, Christopher Neilson and Gabriel Ulyssea
2246: You Can Lead a Horse to Water: Spatial Learning and Path Dependence in Consumer Search Downloads
Charles Hodgson and Gregory Lewis
2245: A Public Option for the Core Downloads
Yotam Harchol, Dirk Bergemann, Nick Feamster, Eric Friedman, Arvind Krishnamurthy, Aurojit Panda, Sylvia Ratnasamy, Michael Schapira and Scott Shenker
2244: Objective rationality foundations for (dynamic) alpha-MEU Downloads
Mira Frick, Ryota Iijima and Yves Le Yaouanq
2244: Objective rationality foundations for (dynamic) alpha-MEU Downloads
Mira Frick, Ryota Iijima and Yves Le Yaouanq
2243: The US Employment Situation Using the Yale Labor Survey Downloads
Christopher Foote, William D. Nordhaus and Douglas Rivers
2242: Copula-Based Time Series With Filtered Nonstationarity Downloads
Xiaohong Chen, Zhijie Xiao and Bo Wang
2242: Copula-Based Time Series With Filtered Nonstationarity Downloads
Xiaohong Chen, Zhijie Xiao and Bo Wang
2241: Measuring Movement and Social Contact with Smartphone Data: A Real-time Application to COVID-19 Downloads
Victor Couture, Jonathan Dingel, Allison Green, Jessie Handbury and Kevin R. Williams
2240: Work in the Time of COVID: Results from the Yale Labor Survey Downloads
Christopher Foote, William Nordhaus and Douglas Rivers
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