PIER Working Paper Archive

From Penn Institute for Economic Research, Department of Economics, University of Pennsylvania
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20-014: Health versus Wealth: On the Distributional Effects of Controlling a Pandemic

Andrew Glover, Jonathan Heathcote, Dirk Krueger and José-Víctor Ríos-Rull

20-013: Should Germany Have Built a New Wall?Macroeconomic Lessons from the 2015-18 Refugee Wave

Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova and Zainab Iftikhar

20-012: Optimal Combination of Arctic Sea Ice Extent Measures: A Dynamic Factor Modeling Approach

Francis Diebold, Maximilian Gobel, Philippe Goulet Coulombe, Glenn Rudebusch and Boyuan Zhang

20-011: Human Mobility Restrictions and the Spread of the Novel Coronavirus (2019-nCoV) in China

Hanming Fang, Long Wang and Yang Yang

20-010: Simple Rules for a Complex World with Arti?cial Intelligence

Jesus Fernandez-Villaverde

20-009: Long-Term Health Insurance: Theory Meets Evidence

Juan Pablo Atal, Hanming Fang, Martin Karlsson and Nicolas Ziebarth

20-008: The Collateral Channel of Monetary Policy: Evidence from China

Hanming Fang, Yongqin Wang and Xian Wu

20-007: Mental Health, Schooling Attainment and Polygenic Scores: Are There Significant Genetic-Environmental Associations?

Vikesh Amin, Jere Behrman, Jason Fletcher, Carlos A. Flores, Alfonso Flores-Lagunes and Hans-Peter Kohler

20-006: Does sorting matter for learning inequality?Evidence from East Africa

Paul Anand, Jere Behrman, Hai-Anh Dang and Sam Jones

20-005: The Causal Effects of Parents’ Schooling on Children’s Schooling in Urban China

Jere Behrman, Yuan Hu and Junsen Zhang

20-004: After-School Tutoring, Household Substitution and Student Achievement: Experimental Evidence from Rural China

Jere Behrman, C. Simon Fan, Xiangdong Wei, Hongliang Zhang and Junsen Zhang

20-003: Self-Ful?lling Debt Crises, Revisited

Mark Aguiar, Satyajit Chatterjee, Harold Cole and Zachary Stangebye

20-001: Probability Assessments of an Ice-Free Arctic: Comparing Statistical and Climate Model Projections

Francis Diebold and Glenn Rudebusch

19-020: Lock-in in Dynamic Health Insurance Contracts: Evidence from Chile

Juan Pablo Atal

19-019: Household Labor Search, Spousal Insurance, and Health Care Reform

Hanming Fang and Andrew Shephard

19-018: Learning under Diverse World Views: Model-Based Inference

George Mailath and Larry Samuelson

19-017: Quality Regulation and Competition: Evidence from Pharmaceutical Markets

Juan Pablo Atal, Jose´ Ignacio Cuesta and Morten Sæthre

19-016: Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

Jesus Fernandez-Villaverde, Federico Mandelman, Yang Yu and Francesco Zanetti

19-015: Financial Frictions and the Wealth Distribution

Jesus Fernandez-Villaverde, Samuel Hurtado and Galo Nuño Barrau

19-014: Online Estimation of DSGE Models

Michael Cai, Marco Del Negro, Edward Herbst, Ethan Matlin, Reca Sarfati and Frank Schorfheide

19-013: Schooling Investment, Mismatch,and Wage Inequality

Andrew Shephard and Modibo Sidibe

19-012: On the Evolution of U.S. Temperature Dynamics

Francis Diebold and Glenn Rudebusch

19-011: Revisiting the Hypothesis of High Discounts and High Unemployment

Paolo Martellini, Guido Menzio and Ludo Visschers

19-010: Inaccurate Statistical Discrimination: An Identification Problem

Aislinn Bohren, Kareem Haggag, Alex Imas and Devin Pope

19-009: Factions, Local Accountability, and Long-Term Development: Theory and Evidence

Hanming Fang, Linke Hou, Mingxing Liu, Lixin Xu and Pengfei Zhang

19-008: Common Learning and Cooperation in Repeated Games

Takuo Sugaya and Yuichi Yamamoto

19-007: Higher Order Information Complementarities and Polarization

Carlos Segura-Rodríguez

19-006: Selling Data

Carlos Segura-Rodríguez

19-005: Dynamically Aggregating Diverse Information

Annie Liang, Xiaosheng Mu and Vasilis Syrgkanis

19-003: Marriage market dynamics, gender, and the age gap

Andrew Shephard

19-002: Dynamic Mechanisms with Verification

Markos Epitropou and Rakesh Vohra

19-001: The Wisdom of a Confused Crowd:Model-Based Inference

George Mailath and Larry Samuelson

18-029: The Curse of Long Horizons

V. Bhaskar and George Mailath

18-028: Stochastic Games with Hidden States, Fifth version

Yuichi Yamamoto

18-027: The Hurwicz Program, Past and Suggestions for the Future

Andrew Postlewaite and David Schmeidler

18-026: What Are Axiomatizations Good For?

Itzhak Gilboa, Andrew Postlewaite, Larry Samuelson and David Schmeidler

18-025: Partial Rating Area Offering in the ACA Marketplaces: Facts, Theory and Evidence

Hanming Fang and Ami Ko

18-024: The Lack of European Productivity Growth: Causes and Lessons for the U.S

Jesus Fernandez-Villaverde and Lee Ohanian

18-023: Cryptocurrencies: A Crash Course in Digital Monetary Economics

Jesus Fernandez-Villaverde

18-022: Should Straw Polls be Banned?

S. Nageeb Ali Ali and Aislinn Bohren

18-021: Time Lotteries and Stochastic Impatience

Patrick DeJarnette, David Dillenberger, Daniel Gottlieb and Pietro Ortoleva

18-020: Stochastic Impatience and the Separation of Time and Risk Preferences

David Dillenberger, Daniel Gottlieb and Pietro Ortoleva

18-019: An Explicit Representation for Disappointment Aversion and Other Betweenness Preferences

Simone Cerreia-Vioglio, David Dillenberger and Pietro Ortoleva

18-018: History Remembered: Optimal Sovereign Default on Domestic and External Debt

Pablo D'Erasmo and Enrique Mendoza

18-017: Social Learning with Model Misspeciification: A Framework and a Robustness Result

Aislinn Bohren and Daniel Hauser

18-016: The Dynamics of Discrimination: Theory and Evidence

Aislinn Bohren, Alex Imas and Michael Rosenberg

18-015: Using Persistence to Generate Incentives in a Dynamic Moral Hazard Problem

Aislinn Bohren

18-014: Machine Learning for Regularized Survey Forecast Combination: Partially Egalitarian Lasso and its Derivatives

Francis Diebold and Minchul Shin

18-013: On the Comparison of Interval Forecasts

Ross Askanazi, Francis Diebold, Frank Schorfheide and Minchul Shin

18-012: Equilibrium Labor Market Search and Health Insurance Reform, Third Version

Naoki Aizawa and Hanming Fang