RCER Working Papers
From University of Rochester - Center for Economic Research (RCER)
University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A..
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- 501: Government Finance in the Wake of Currency Crises

- Craig Burnside, Martin Eichenbaum and Sergio Rebelo
- 500: Risk Taking by Entrepreneurs

- Hugo Hopenhayn and Galina Vereshchagina
- 499: A Parsimonious Macroeconomic Model for Asset Pricing: Habit Formation or Cross-sectional Heterogeneity?

- Fatih Guvenen
- 498: An Axiomatic Model of Non-Bayesian Updating

- Larry Epstein
- 497: Learning Under Ambiguity

- Larry Epstein and Martin Schneider
- 496: IID: Independently and Indistinguishably Distributed

- Larry Epstein and Martin Schneider
- 495: Pairwise Comparison Estimation of Censored Transformation Models

- Shakeeb Khan and Elie Tamer
- 494: Individual Accountability in Teams

- Leslie Marx and Francesco Squintani
- 493: Optimal Lending Contracts and Firm Dynamics

- Rui Albuquerque and Hugo Hopenhayn
- 492: A Theory of Financing Constraints and Firm Dynamics

- Gian Luca Clementi and Hugo Hopenhayn
- 491: Reconciling Conflicting Evidence on the Elasticity of Intertemporal Substitution: A Macroeconomic Perspective

- Fatih Guvenen
- 490: Does Stockholding Provide Perfect Risk Sharing?

- Fatih Guvenen
- 489: More on Marriage, Fertility and the Distribution of Income

- Jeremy Greenwood, Nezih Guner and John Knowles
- 488: Mobility and the Return to Education: Testing a Roy Model with Multiple Markets

- Gordon Dahl
- 487: The US Demographic Transition

- Jeremy Greenwood and Ananth Seshadri
- 486: Why Are Rates of Inflation So Low After Large Devaluations?

- Ariel Burstein, Martin Eichenbaum and Sergio Rebelo
- 485: Recursive Multiple-Priors

- Larry Epstein and Martin Schneider
- 484: Backward Induction and Model Deterioration

- Francesco Squintani
- 483: A Theoretical and Empirical Study of Individual Perceptions of the Criminal Justice System

- Lance Lochner
- 482: On the Fiscal Implications of Twin Crises

- Craig Burnside, Martin Eichenbaum and Sergio Rebelo
- 481: Efficient Investment in Children

- S. Aiyagari, Jeremy Greenwood and Ananth Seshadri
- 480: A Few Humble Observations on Overconfidence and Equilibrium

- Francesco Squintani
- 479: Equilibrium Unemployment

- João Gomes, Jeremy Greenwood and Sergio Rebelo
- 478: A Two-Person Dynamic Equilibrium under Ambiguity

- Larry Epstein and Jianjun Miao
- 477: Optimal Contracts under Generalized Verifiability Correspondences

- Francesco Squintani
- 476: Signaling Quality by Delaying Sales

- Francesco Squintani
- 475: Accounting for Growth

- Jeremy Greenwood and Boyan Jovanovic
- 474: Ambiguity, risk and asset returns in continuous time

- Zengjing Chen and Larry Epstein
- 473: Distribution Costs and Real Exchange Rate Dynamics During Exchange-Rate-Based Stabilizations

- Ariel Burstein, Joao C. Neves and Sergio Rebelo
- 472: Higher Education Subsidies and Heterogeneity, A Dynamic Analysis

- Elizabeth Caucutt and Krishna Kumar
- 471: Macroeconomic Impacts of the Korean Financial Crisis: Comparison with the Crosscountry Patterns

- Jong-Wha Lee and Changyong Rhee
- 470: Measuring the Degree of Currency Misalignment Using Offshore Forward Exchange Rates: The Case of the Korean Financial Crisis

- Daekeun Park and Changyong Rhee
- 469: The Core of Large TU Games

- Larry Epstein and Massimo Marinacci
- 468: On the Fundamentals of Self-Fulfilling Prophecies

- Craig Burnside, Martin Eichenbaum and Sergio Rebelo
- 467: Resuscitating Real Business Cycles

- Robert King and Sergio Rebelo
- 466: Women on Welfare: A Macroeconomic Analysis

- Jeremy Greenwood, Nezih Guner and John Knowles
- 465: Education, Work, and Crime: Theory and Evidence

- Lance Lochner
- 464: Are Probabilities Used in Markets?

- Larry Epstein
- 463: Bidding Rings in Repeated Auctions

- Andrzej Skrzypacz and Hugo Hopenhayn
- 462: On the State of the Union
- S. Aiyagari, Jeremy Greenwood and Nezih Guner
- 461: Hedging and Financial Fragilities in Fixed Exchange Rate Regimes

- Craig Burnside, Martin Eichenbaum and Sergio Rebelo
- 460: The IT Revolution and the Stock Market

- Jeremy Greenwood and Boyan Jovanovic
- 459: The First Conferences on the Theory of Economic Growth

- Lionel McKenzie
- 458: Prospective Deficits and the Asian Currency Crisis
- Craig Burnside, Martin Eichenbaum and Sergio Rebelo
- 457: Measuring the Rate of Technological Progress in Structures
- M. Gort, Jeremy Greenwood and Peter Rupert
- 456: Subjective Probabilities on Subjectivity Unambiguous Event
- Larry Epstein and Jiankang Zhang
- 449: The Role of Investment-Specific Technological Change in the Business Cycle
- Jeremy Greenwood, Zvi Hercowitz and Per Krusell
- 448: Consistency and its Converse: an Introduction
- William Thomson
- 447: Turnpikes
- Lionel McKenzie
- 446: On the Axiomatic Method; Part II: Its Scope and recent Application to Game Theory and Resource Allocation
- William Thomson