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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.
Contact information at EDIRC.

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04-043: Endogenous Lobbying Downloads
Leonardo Felli and Antonio Merlo
04-042: How the Dragon Captured the World Export Markets: Outsourcing and Foreign Investment Lead the Way Downloads
F. Gerard Adams, Byron Gangnes and Yochanan Shachmurove
04-041: What One Can Learn From the Initial Public Offering of Google? A Twenty-Year Excursion to the Venture Capital Industry Downloads
Emanuel Shachmurove and Yochanan Shachmurove
04-040: On Price-Taking Behavior in Asymmetric Information Economies Downloads
Richard McLean, James Peck and Andrew Postlewaite
04-039: When the Punishment Must Fit the Crime: Remarks on the Failure of Simple Penal Codes in Extensive-Form Games Downloads
George Mailath, Volker Nocke and Lucy White
04-038: A Political Economy Model of Congressional Careers: Supplementary Materiel Downloads
Daniel Diermeier, Michael Keane and Antonio Merlo
04-037: A Political Economy Model of Congressional Careers Downloads
Daniel Diermeier, Michael Keane and Antonio Merlo
04-036: Intersectoral Labor Mobility and the Growth of the Service Sector Downloads
Donghoon Lee and Kenneth I. Wolpin
04-035: Size Does Matter: International Trade and Population Size Downloads
Yochanan Shachmurove and Uriel Spiegel
04-034: Convergence Properties of the Likelihood of Computed Dynamic Models Downloads
Jesus Fernandez-Villaverde, Juan F Rubio-Ramirez and Manuel Santos
04-033: Coordination Failure in Repeated Games with Almost-Public Monitoring Downloads
George Mailath and Stephen Morris
04-032: Reputation and Turnover Downloads
Rafael Rob and Tadashi Sekiguchi
04-031: Disappearing Private Reputations in Long-Run Relationships Downloads
Martin Cripps and Larry Samuelson
04-030: The Reality of IPO Performance: An Empirical Study of Venture-Backed Public Companies Downloads
Yochanan Shachmurove
04-029: Platform Ownership Downloads
Volker Nocke, Martin Peitz and Konrad Stahl
04-028: Real-Time Price Discovery in Stock, Bond and Foreign Exchange Markets Downloads
Torben Andersen, Tim Bollerslev, Francis Diebold and Clara Vega
04-027: Monopoly Pricing under Demand Uncertainty: Final Sales versus Introductory Offers Downloads
Volker Nocke and Martin Peitz
04-026: Occupational Mobility and Wage Inequality, Second Version Downloads
Gueorgui Kambourov and Iourii Manovskii
04-025: Social Assets Downloads
George Mailath and Andrew Postlewaite
04-024: Competitive Bargaining Equilibrium Downloads
Julio Dávila and Jan Eeckhout
04-023: Confidence-Enhanced Performance Downloads
Olivier Compte and Andrew Postlewaite
04-022: Economic Development in the Middle East Downloads
Yochanan Shachmurove
04-021: Consumption Commitments and Preferences for Risk Downloads
Andrew Postlewaite, Larry Samuelson and Dan Silverman
04-020: Bargaining over Residential Real Estate: Evidence from England (Third Version) Downloads
Antonio Merlo and François Ortalo-Magné
04-019: The Production of Cognitive Achievement in Children: Home, School and Racial Test Score Gaps Downloads
Petra Todd and Kenneth I. Wolpin
04-018: Realized Beta: Persistence and Predictability Downloads
Torben Andersen, Tim Bollerslev, Francis Diebold and Jin Wu
04-017: Social Isolation and Inequality Downloads
Andrew Postlewaite and Dan Silverman
04-016: Evaluating Labor Market Reforms: A General Equilibrium Approach Downloads
César Alonso-Borrego, Jesús Fernández-Villaverde and José E. Galdón-Sánchez
04-015: A Dynamic Model of Voting Downloads
Arianna Degan
04-014: Do Citizens Vote Sincerely (If They Vote at All)? Theory and Evidence from U. S. National Elections Downloads
Arianna Degan and Antonio Merlo
04-013: The Effect of Adolescent Experience on Labor Market Outcomes: The Case of Height, Third Version Downloads
Nicola Persico, Andrew Postlewaite and Dan Silverman
04-012: Rising Occupational and Industry Mobility in the United States:1968-1993 Downloads
Gueorgui Kambourov and Iourii Manovskii
04-011: Rationality of Belief Or Why Bayesianism is neither necessary nor sufficient for rationality Downloads
Itzhak Gilboa, Andrew Postlewaite and David Schmeidler
04-010: The Nobel Memorial Prize for Robert F. Engle Downloads
Francis Diebold
04-009: Financial Asset Returns, Direction-of-Change Forecasting, and Volatility Dynamics Downloads
Peter Christoffersen and Francis Diebold
04-008: Disappearing Private Reputations in Long-Run Relationships Downloads
Martin Cripps, George Mailath and Larry Samuelson
04-007: Sunk Investments Lead to Unpredictable Prices (Second Version) Downloads
George Mailath, Andrew Postlewaite and Larry Samuelson
04-006: Trade Policies Based on Political Externalities: An Exploration, Third Version Downloads
Wilfred Ethier
04-005: Estimating Dynamic Equilibrium Economies: Linear versus Nonlinear Likelihood Downloads
Jesus Fernandez-Villaverde and Juan F Rubio-Ramirez
04-004: Purification in the Infinitely-Repeated Prisoners’ Dilemma Downloads
V Bhaskar, George Mailath and Stephen Morris
04-003: Comparing Solution Methods for Dynamic Equilibrium Economies Downloads
S. Boragan Aruoba, Jesus Fernandez-Villaverde and Juan F Rubio-Ramirez
04-002: Some Results on the Solution of the Neoclassical Growth Model Downloads
Jesus Fernandez-Villaverde and Juan F Rubio-Ramirez
04-001: Estimating Nonlinear Dynamic Equilibrium economies: A Likelihood Approach Downloads
Jesus Fernandez-Villaverde and Juan F Rubio-Ramirez
03-037: The Effects of Constitutions on Coalition Governments in Parliamentary Democracies Downloads
Daniel Diermeier, Hülya Eraslan and Antonio Merlo
03-036: The Effect of Adolescent Experience on Labor Market Outcomes: The Case of Height Downloads
Nicola Persico, Andrew Postlewaite and Dan Silverman
03-035: Trade Agreements Based on Political Externalities, Second Version Downloads
Wilfred Ethier
03-034: TRIPS, externalities, trade agreements, hostages Downloads
Wilfred Ethier
03-033: Do Vertical Mergers Facilitate Upstream Collusion? Downloads
Volker Nocke and Lucy Martin
03-032: Inflation and Welfare in Models with Trading Frictions Downloads
Guillaume Rocheteau and Randall Wright
03-031: Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium Downloads
Guillaume Rocheteau and Randall Wright
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