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PIER Working Paper Archive

From Penn Institute for Economic Research, Department of Economics, University of Pennsylvania
133 South 36th Street, Philadelphia, PA 19104.
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24-010: Climate Models Underestimate the Sensitivity of Arctic Sea Ice to Carbon Emissions Downloads
Francis X. Diebold and Glenn D. Rudebusch
24-009: The Distributional Effects of Asset Returns Downloads
Jesus Fernandez-Villaverde and Oren Levintal
24-008: Technological Synergies, Heterogeneous Firms, and Idiosyncratic Volatility Downloads
Jesus Fernandez-Villaverde, Yang Yu and Francesco Zanetti
24-007: Navigating by Falling Stars:Monetary Policy with Fiscally Driven Natural Rates Downloads
Rodolfo Campos, Jesus Fernandez-Villaverde, Galo Nuño Barrau and Peter Paz
24-006: Allocation Mechanisms with Mixture-Averse Preferences Downloads
David Dillenberger and Uzi Segal
24-005: The Household Equipment Revolution Downloads
Effrosyni Adamopoulou, Jeremy Greenwood and Nezih Guner
24-004: Optimal Urban Transportation Policy:Evidence from Chicago Downloads
Milena Almagro, Felipe Barbieri, Juan Camilo Castillo, Nathaniel Hickok and Tobias Salz
24-003: On the Effects of Monetary Policy Shocks on Income and Consumption Heterogeneity Downloads
Minsu Chang and Frank Schorfheide
24-002: The Wealth of Working Nations Downloads
Jesus Fernandez-Villaverde, Gustavo Ventura and Wen Yao
24-001: The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory Downloads
Xiwen Bai, Jesus Fernandez-Villaverde, Yiliang Li and Francesco Zanetti
23-021: Female headship and poverty in the Arab region: Analysis of trends and dynamics based on a new typology Downloads
Shireen AlAzzawi, Hai-Anh Dang, Vladimir Hlasny, Kseniya Abanokova Kseniya Abanokova and Jere Behrman
23-020: Minimum Wages and Intergenerational Health Downloads
Muhammad Farhan Majid, Jere Behrman and Hanna Wang
23-019: Future Orientedness Downloads
John Knowles and Andrew Postlewaite
23-018: Uniformly Strict Equilibrium for Repeated Games with Private Monitoring and Communication Downloads
Richard McLean, Ichiro Obara and Andrew Postlewaite
23-017: Bayesian Estimation of Panel Models under Potentially Sparse Heterogeneity Downloads
Hyungsik Roger Moon, Frank Schorfheide and Boyuan Zhang
23-016: Clustering for Multi-Dimensional Heterogeneity with an Application to Production Function Estimation Downloads
Xu Cheng, Frank Schorfheide and Peng Shao
23-015: Not a Typical Firm:Capital-Labor Substitution and Firms' Labor Shares Downloads
Joachim Hubmer and Pascual Restrepo
23-014: Reluctant Entrepreneurs: Evidence from China’s SOE Reform Downloads
Hanming Fang, Ming Li, Zenan Wu and Yapei Zhang
23-013: A Protocol for Repeated Bargaining Downloads
Akihisa Kato and Jose-Victor Rios-Rull
23-012: Commitment in the Canonical Sovereign Default Model Downloads
Xavier Mateos-Planas, Sean McCrary, Jose-Victor Rios-Rull and Adrien Wicht
23-011: International tax competition with rising intangible capital and financial globalization Downloads
Vincenzo Quadrini and Jose-Victor Rios-Rull
23-007: Behavioral Foundations of Model Misspecification Downloads
J. Aislinn Bohren and Daniel N. Hauser
23-006: Rating Agencies Downloads
Harold Cole and Thomas Cooley
23-005: Beware the Side Effects: Capital Controls, Trade, Misallocation andWelfare Downloads
Eugenia Andreasen, Sofia Bauducco, Evangelina Dardati and Enrique Mendoza
23-004: Natural Resources and Sovereign Risk in Emerging Economies: A Curse and a Blessing Downloads
Franz Hamann, Juan Camilo Mendez-Vizcaino, Enrique Mendoza and Paulina Restrepo-Echavarria
23-003: Unstable Prosperity:How Globalization Made the World Economy More Volatile Downloads
Enrique Mendoza and Vincenzo Quadrini
23-002: Information Favoritism and Scoring Bias in Contests Downloads
Shanglyu Deng, Hanming Fang, Qiang Fu and Zenan Wu
23-001: Long-term effects of rainfall shocks on foundational cognitive skills: Evidence from Peru Downloads
Nicolas Pazos, Marta Favara, Alan Sanchez, Douglas Scott and Jere Behrman
22-032: How early nutrition and foundational cognitive skills interconnect? Evidence from two developing countries Downloads
Alan Sanchez, Marta Favara, Margaret Sheridan and Jere Behrman
22-031: Tournament-Style Political Competition and Local Protectionism: Theory and Evidence from China Downloads
Hanming Fang, Ming Li and Zenan Wu
22-030: Learning Through Repetition? A Dynamic Evaluation of Grade Retention in Portugal Downloads
Emilio Borghesan, Hugo Reis and Petra Todd
22-029: A New Test forMarket Efficiency and Uncovered Interest Parity Downloads
Richard Baillie, Francis Diebold, George Kapetanios and Kun Ho Kim
22-028: Assessing and Comparing Fixed-Target Forecasts of Arctic Sea Ice:Glide Charts for Feature-Engineered Linear Regression and Machine Learning Models Downloads
Francis Diebold, Maximilian Gobel and Philippe Goulet Coulombe
22-027: Distributional Effects of Local Minimum Wages: A Spatial Job Search Approach Downloads
Petra Todd and Weilong Zhang
22-026: A Stage-Based Identification of Policy Effects Downloads
Christian Alemán Pericón, Christopher Busch, Alexander Ludwig and Raul Santaeulalia-Llopis
22-025: Regional Employment Polarization in a Time of Crisis: The case of Interwar Britain Downloads
Ivan Luzardo-Luna
22-024: Late-childhood foundational cognitive skills predict educational outcomes through adolescence and into young adulthood: evidence from Ethiopia and Peru Downloads
Jennifer Lopez, Jere Behrman, Santiago Cueto, Marta Favara and Alan Sanchez
22-023: Neoclassical Growth with Limited Commitment Downloads
Dirk Krueger and Harald Uhlig
22-022: Social protection and foundational cognitive skills during adolescence: evidence from a large Public Works Programme Downloads
Richard Freund, Marta Favara, Catherine Porter and Jere Behrman
22-021: Housing Wealth and Online Consumer Behavior:Evidence from Xiong'an New Area in China Downloads
Hanming Fang, Long Wang and Yang Yang
22-020: Anti-Corruption Campaign and the Resurgence of the SOEs in China:Evidence from the Real Estate Sector Downloads
Hanming Fang, Jing Wu, Rongjie Zhang and Li-An Zhou
22-019: The impact of the JUNTOS conditional cash transfer programme on foundational cognitive skills: Does age of enrollment matter? Downloads
Douglas Scott, Jennifer Lopez, Alan Sanchez and Jere Behrman
22-018: Bayesian Persuasion: Reduced Form Approach Downloads
Juuso Toikka, Akhil Vohra and Rakesh Vohra
22-017: Information Spillovers and Sovereign Debt: Theory Meets the Eurozone Crisis Downloads
Harold Cole, Daniel Neuhann and Guillermo Ordonez
22-016: Does Schooling Improve Cognitive Abilities at Older Ages: Causal Evidence from Nonparametric Bounds Downloads
Vikesh Amin, Jere Behrman, Jason Fletcher, Carlos A. Flores, Alfonso Flores-Lagunes and Hans-Peter Kohler
22-015: Caution and Reference Effects Downloads
Simone Cerreia-Vioglio, David Dillenberger and Pietro Ortoleva
22-014: Substance Abuse during the Pandemic: Implications for Labor-Force Participation Downloads
Jeremy Greenwood, Nezih Guner and Karen Kopecky
22-013: Economic Theories and Their Dueling Interpretations Downloads
Itzhak Gilboa, Andrew Postlewaite, Larry Samuelsonl and David Schmeidler
22-012: On Robust Inference in Time Series Regression Downloads
Richard T. Baillie, Francis Diebold, George Kapetanios and Kun Ho Kim
22-011: When Will Arctic Sea Ice Disappear? Projections of Area, Extent, Thickness, and Volume Downloads
Francis Diebold, Glenn Rudebusch, Maximilian Gobel, Philippe Goulet Coulombe and Boyuan Zhang
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