Working papers

From Massachusetts Institute of Technology (MIT), Department of Economics
MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT), DEPARTMENT OF ECONOMICS, 50 MEMORIAL DRIVE CAMBRIDGE MASSACHUSETTS 02142 USA.
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1988: Search, Sticky Prices, and Inflation

Peter Diamond

1988: Venture Capital and Capital Gains Taxation

James Poterba

1988: Quasi-Maximum Likelihood Estimation of Dynamic Models with Time-Varying Covariances

Tim Bollerslev and Jeffrey Wooldridge

1988: Nonlinear Errors in Variables: Estimation of Some Engel Curves

Jerry Hausman, Whitney Newey and J. L. Powel

1988: The Regulation of Multiproduct Firms: Theory and Policy Analysis

Jean-Jacques Laffont and Jean Tirole

1988: The Politics of Government Decision-Making: A Theory of Regulatory Capture

Jean-Jacques Laffont and Jean Tirole

1988: The End of One Big Deflation

Peter Temin and Barrie A. Wigmore

1988: Unemployment: Getting the Questions Right--and Some of the Answers

Olivier Blanchard

1988: The Diffusion of New Technologies: Evidence from the Electric Utility Industry

Nancy Rose and Paul Joskow

1988: Cheap Talk, Neologisms, and Bargaining

Joseph Farrell and Robert Gibbons

1988: Nash and Perfect Equilibria of Discounted Repeated Gains

Drew Fudenberg and Eric Maskin

1988: The Relative Importance of Permanent and Transitory Components: Identification and Some Theoretical Bounds

Danny Quah

1988: The Dynamic Effects of Aggregate Demand and Supply Disturbance

Olivier Blanchard and Danny Quah

1988: Perfect Bayesian and Sequential Equilibria: A Clarifying Note

Drew Fudenberg and Jean Tirole

1988: Property Rights and the Nature of the Firm

Oliver Hart and John Moore

1988: Moral Hazard and Renegotiation in Agency Contracts

Drew Fudenberg and Jean Tirole

1988: Stochastic Credit in Search Equilibrium, II

Peter Diamond

1988: The Incubation Period for Human Immunodeficiency Virus (HIV)

Jeffrey Harris

1988: Learning Through Price Experimentation By a Monopolist Facing Unknown Demand

Philippe Aghion, Patrick Bolton and Bruno Jullien

1988: Reputation, Unobserved Strategies, and Active Supermartingales

Drew Fudenberg and David Levine

1988: Bibliography, 1950-1987

Robert Solow

1988: Environmental Policy Making: Act Now or Wait for More Information?

Jeffrey E. Harris

1988: What Moves Stock Prices?

David Cutler, James Poterba and Lawrence Summers

1988: It Takes t* to Tango: Trading Coalitions in the Edgeworth Process (Revision)

Franklin M. Fisher

1988: Learning in Equilibrium Models of Arbitration

Robert Gibbons

1988: An `Incomplete Contract' Approach to Bankruptcy and the Financial Structure of the Firm

Philippe Aghion and Patrick Bolton

1988: A Common Error in the Treatment of Trending Time Series

Danny Quah and Jeffrey Wooldridge

1988: Cheap Talk Can Matter in Bargaining

Robert Gibbons and Joseph Farrell

1988: Vertical Integration and Product Quality in the Early Cotton Textile Industry

Peter Temin

1988: Vertical Integration and Product Quality in the Early Cotton Textile Industry

Peter Temin

1988: A Unified Approach to Robust, Regression-Based Specification Tests

Jeffrey M. Woodridge

1988: Consumer's Surplus as an Exact Approximation when Prices are Appropriately Deflated

Martin L. Witzman

1988: Repeated Games with Long-Run and Short-Run Players

Drew Fudenberg, David Kreps and Eric Maskin

1988: The Blind Men and the Elephant: An Essay on Isms

Evsey D. Domar

1988: TRENDS IN WORKER DEMAND FOR UNION REPRESENTATION

H.S. Farber

1987: Specification Testing and Quasi-Maximum Likelihood Estimation

Jeffrey Wooldridge

1987: A Regression-Based Lagrange Multiplier Statistic that is Robust in the Presence of Heteroskedasticity

Jeffrey Wooldridge

1987: Government Intervention in Production and Incentives Theory: A Review of Recent Contributions

Bernard Caillaud, Patrick Rey, Roger Guesnerie and Jean Tirole

1987: Rational Behavior with Payoff Uncertainty

Drew Fudenberg and Eddie Dekel

1987: Tax Policy and Corporate Saving

James Poterba

1987: What Do We Learn from Unit Roots in Macroeconomic Time Series?

Danny Quah

1987: Rational Expectations Business Cycles in Search Equilibrium

Peter Diamond and Drew Fudenberg

1987: Repeated Auctions of Incentive Contracts, Investment and Bidding Parity With an Application to Takeovers

Jean Tirole and Jean-Jacques Laffont

1987: Monetary Policy and Performance in the U. S., Japan and Europe, 1973-86

Stanley Fischer

1987: Social and Economic Causes of Cancer

Jeffrey E. Harris

1987: A Theory of Job Market Segmentation

Martin Weitzman

1987: On the Dispensability of Public Randomization in Discounted Repeated Games

Drew Fudenberg and Eric Maskin

1987: A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration

Daniel McFadden

1987: The Evolution of Public Sector Bargaining Laws

Henry S. Farber

1987: Returns to Seniority in the Union and Nonunion Jobs: A New Look at the Evidence

Katharine Abraham and Henry S. Farber

1987: Reputation and Equilibrium Selection in Games With a Patient Player

Drew Fudenberg and David Levine

1987: Short-Term Contracts and Long-Term Agency Relationships

Drew Fudenberg, Bengt Holmstrom and Paul Milgrom

1987: Why Does Money Affect Output? A Survey

Olivier Blanchard

1987: Delay in Reporting Acquired Immune Deficiency Syndrome (AIDS)

Jeffrey E. Harris

1987: The Decline of Unionization in the U. S.: What Can be Learned from Recent Experience?

Henry S. Farber

1987: Simultaneous Signaling to the Capital and Product Markets

Robert Gertner, Robert Gibbons and David Scharfstein

1987: Incomplete Contracts and the Theory of the Firm

Oliver Hart

1987: The Effects of Economic Regulation

Paul Joskow and Nancy Rose

1987: It takes t* to Tango: Trading Coalitions in the Edgeworth Process

Franklin M. Fischer

1987: Noncooperative Game Theory for Industrial Organization: An Introduction and Overview

Drew Fudenberg and Jean Tirole

1987: Reputation in the Simulation Play of Multiple Opponents

Drew Fudenberg and David Kreps

1987: Price Adjustment in Long Term Contracts: The Case of Coal

Paul Joskow

1987: The Costs of a Purely Monetary Disinflation Policy: The Case of Long-Run Involuntary Unemployment

Helmut Wagner

1987: Contract Renegotiation and Coasian Dynamics

Oliver Hart and Jean Tirole

1987: One Share/One Vote and The Market for Corporate Control

Sanford Grossman and Oliver Hart

1987: Horizontal Mergers and Antitrust Policy

Franklin M. Fischer

1987: Capital Structure as a Control Mechanism in Corporations

Oliver Hart

1987: Divergent Expectations as a Cause of Disagreement in Bargaining: Evidence from a Comparison of Arbitration Schemes

Henry S. Farber and Max H. Bazerman

1987: Tax Evasion and Capital Gains Taxation

James Poterba