Working Papers

From Cornell University, Center for Analytic Economics
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06-14: Flexibility of Choice versus Reduction of Ambiguity

Ani Guerdjikova and Alexander Zimper

06-13: Portfolio Choice and Asset Prices in an Economy Populated by Case-Based Decision Makers

Ani Guerdjikova

06-12: Bank Failure: Evidence from the Colombia Financial Crisis

Jose Gomez-Gonzalez and Nicholas Kiefer

06-11: Specification and Informational Issues in Credit Scoring

Nicholas Kiefer and C. Erik Larson

06-10: A Simulation Estimator for Testing the Time Homogeneity of Credit Rating Transition

Nicholas Kiefer and C. Erik Larson

06-09: Robust Model Selection in Dynamic Models with an Application to Comparing Predictive Accuracy

Hwan-sik Choi and Nicholas Kiefer

06-08: Default Estimation for Low-Default Portfolios

Nicholas Kiefer

06-07: Asymptotic Properties for a Class of Partially Identified Models

Arie Beresteanu and Francesca Molinari

06-06: Participatory Equity, Identity, and Productivity: Policy Implications for Promoting Development

Kaushik Basu

06-05: Identity, Trust and Altruism: Sociological Clues to Economic Development

Kaushik Basu

06-04: Fixed-b Asymptotic Approximation of the Sampling Behavior of Nonparametric Spectral Density Estimators

Nigar Hashimzade and Timothy Vogelsang

06-03: Teacher Truancy in India: The Role of Culture, Norms and Economic Incentives

Kaushik Basu

06-02: Capital Gains

Luís Aguiar-Conraria and Karl Shell

06-01: Coercion, Contract and the Limits of the Market

Kaushik Basu

05-17: Labor Laws and Labor Welfare in the Context of the Indian Experience

Kaushik Basu

05-16: General Equilibrium with Nonconvexities, Sunspots, and Money

Guillaume Rocheteau, Peter Rupert, Karl Shell and Randall Wright

05-15: Capital Gains: Blue Machines and Red Machines

Luís Aguiar-Conraria and Karl Shell

05-14: Is Product Boycott a Good Idea for Controlling Child Labor?

Kaushik Basu and Homa Zarghamee

05-13: Globalization, Poverty and Inequality: What Is the Relationship? What Can Be Done?

Kaushik Basu

05-12: Spatial Correlation Robust Inference with Errors in Location or Distance

Timothy Conley and Francesca Molinari

05-11: Missing Treatments

Francesca Molinari

05-10: Partial Identification of Probability Distributions with Misclassified Data

Francesca Molinari

05-09: Generalization of a Result on "Regression, Short and Long"

Francesca Molinari and Marcin Peski

05-08: A New Asymptotic Theory for Heteroskedasticity-Autocorrelation Robust Tests

Nicholas Kiefer and Timothy Vogelsang

05-07: Financial Deepening and Bank Runs

Marie Hoerova

05-06: On the Existence of Paretian Social Welfare Relations for Infinite Utility Streams with Extended Anonymity

Kaushik Basu and Tapan Mitra

05-05: Possibility Theorems for Aggregating Infinite Utility Streams Equitably

Kaushik Basu and Tapan Mitra

05-04: International Credit and Welfare: A Paradoxical Theorem and Its Policy Implications

Kaushik Basu and Hodaka Morita

05-03rr: Unemployment and Family-Values: A Household Distribution Sensitive Measure of Unemployment and Some Applications

Patrick Nolen

05-02: Racial Conflict and the Malignancy of Identity

Kaushik Basu

05-01: Understanding the Impact of Oil Shocks

Luís Aguiar-Conraria and Yi Wen

04-19: Another Look at Sticky Prices and Output Persistence

Pengfei Wang and Yi Wen

04-18: On Topological Chaos in the Robinson-Solow-Srinivasan Model

M. Khan and Tapan Mitra

04-17: Intergenerational Equity and the Forest Management Problem

Tapan Mitra

04-16: On the Continuity of Ethical Social Welfare Orders

Kuntal Banerjee and Tapan Mitra

04-15: Endogenous Policy Reform: Learning versus Flexibility in Industrial Policy Design for Open Economics

Makoto Kakinaka

04-14: Animal Spirits: Affective and Deliberative Processes in Economic Behavior

George Loewenstein and Ted O'Donoghue

04-13: On Choice of Technique in the Robinson-Solow-Srinivasan Model

M. Khan and Tapan Mitra

04-12: Foreign Aid and Domestic Politics Implications for Aid Selectivity

Rune Hagen

04-11: Theoretical Notes on Racial Conflict and Identity

Kaushik Basu

04-10: A Theory of Efficiency Wage with Community-Based Income Sharing

Kaushik Basu and Amanda Felkey

04-09: Foreign Trade and Equilibrium Indeterminacy

Luís Aguiar-Conraria and Yi Wen

04-08: Endogenous Money or Sticky Price? Comment on Monetary Non-neutrality and Inflation Dynamics

Pengfei Wang and Yi Wen

04-07: Vulnerability, Unemployment and Poverty: A New Class of Measures, Its Axiomatic Properties and Application

Kaushik Basu and Patrick Nolen

04-06: REgional

Levon Barseghyan, Francesca Molinari and Francois Velde

04-05: Undercapitalized Banks, Uncertain Government Policies, and Declines in Total Factor Productivity

Levon Barseghyan and Nir Jaimovich

04-04: Consumer Cognition and Pricing in the 9's in Oligopolistic Markets

Kaushik Basu

04-03: Survival, Uncertainty, and Equilibrium Theory: An Exposition

Mukul Majumdar and Nigar Hashimzade

04-02: General Equilibrium Analysis of the Supply of Capital

Yi Wen

04-01: Durable Goods Inventories and the Volatility of Production: Explaining the Less Volatile U.S. Economy

Yi Wen