Working Papers

From University of Toronto, Department of Economics
150 St. George Street, Toronto, Ontario.
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2025: The Opportunity Cost of a PhD: Spending your Twenties

Dwayne Benjamin, Boriana Miloucheva and Natalia Vigezzi

2025: Efficient Estimation of Structural Models via Sieves

Yao Luo and Peijun Sang

2025: What Occupations Do

William Arbour and David Price

2025: Imperfect Competition and Rents in Labor and Product Markets: The Case of the Construction Industry

Kory Kroft, Yao Luo, Magne Mogstad and Bradley Setzler

2025: Misallocation in Indian Agriculture

Marijn Bolhuis, Swapnika Rachapalli and Diego Restuccia

2025: On Transiting to a Sustainable World Population: Lessons from an Overlapping Generations Model on the associated Problems, Prospects and Time Horizons

Gordon Anderson

2025: The employment effects of a pandemic wage subsidy

Michael Smart, Matthew Kronberg, Josip Lesica and Huju Liu

2025: The Effects of Layoffs on Opioid Use and Abuse

Marius Morthorst, David Price and Peter Thingholm

2025: Stochastic Sequential Screening

Hao Li and Xianwen Shi

2025: Optimal Discriminatory Disclosure

Yingni Guo, Hao Li and Xianwen Shi

2025: Persuading while Learning

Itai Arieli, Yakov Babichenko, Dima Shaiderman and Xianwen Shi

2025: Welfare of Competitive Price Discrimination with Captive Consumers

Yanlin Chen, Xianwen Shi and Jun Zhang

2025: Magic Mirror on the Wall, Who Is the Smartest One of All?

Yoram Halevy, Johannes Hoelzemann and Terri Kneeland

2024: Should Expected or Most Likely Returns be the Focus in Investment Decisions? Introducing “Most Likely†Versions of Sharpe and Sortino Ratios

Gordon Anderson and Oliver Linton

2024: Sequential entry into electoral competition when the possibility of ties is limited

Martin Osborne

2024: What if Expected Outcomes are not The Most Likely Outcomes? Four Basic Case Studies[1] Which Give Pause for Thought

Gordon Anderson

2024: How Real is Hypothetical? A High-Stakes Test of the Allais Paradox

Uri Gneezy, Yoram Halevy, Brian Hall, Theo Offerman and Jeroen van de Ven

2024: Optimal Trade and Industrial Policies in the Global Economy: A Deep Learning Framework

Zi Wang, Xingcheng Xu, Yanqing Yang and Xiaodong Zhu

2024: The Role of Nonemployers in Business Dynamism and Aggregate Productivity

Pedro Bento and Diego Restuccia

2024: The Micro and Macro Productivity of Nations

Stephen Ayerst, Duc Nguyen and Diego Restuccia

2024: Comment on a passage in "Why did the West extend the franchise? Democracy, inequality, and growth in historical perspective" by Daron Acemoglu and James A. Robinson

Martin Osborne

2024: Symposium on Misallocation and Structural Transformation: Introduction

Tasso Adamopoulos and Diego Restuccia

2024: Order Statistics Approaches to Unobserved Heterogeneity in Auctions

Yao Luo, Peijun Sang and Ruli Xiao

2024: Distortions, Producer Dynamics, and Aggregate Productivity: A General Equilibrium Analysis

Stephen Ayerst, Loren Brandt and Diego Restuccia

2024: A Sharp Test for the Judge Leniency Design

Mohamed Coulibaly, Yu-Chin Hsu, Ismael Mourifie and Yuanyuan Wan

2024: Misallocation in Indian Agriculture

Marijn Bolhuis, Swapnika Rachapalli and Diego Restuccia

2024: China's Productivity Challenge

Xiaodong Zhu

2024: The Anatomy of Chinese Innovation: Insights on Patent Quality and Ownership

Philipp Böing, Loren Brandt, Ruochen Dai, Kevin Lim and Bettina Peters

2024: Assessing misallocation in agriculture: plots versus farms

Fernando Aragon, Diego Restuccia and Juan Rud

2024: Health, Health Insurance, and Inequality

Chaoran Chen, Zhigang Feng and Jiaying Gu

2024: Taryn versus Taryn (she/her) versus Taryn (they/them): A Field Experiment on Pronoun Disclosure and Hiring Discrimination

Taryn Eames

2023: Democracy and The Opioid Epidemic

Carolina Arteaga and Victoria Barone

2023: A Simple Specification Test for Models with Many Conditional Moment Inequalities

Mathieu Marcoux, Thomas Russell and Yuanyuan Wan

2023: Norms of Corruption in Politicians’ Malfeasance

Gustavo Bobonis, Anke Kessler and Xin Zhao

2023: Land Security and Mobility Frictions

Tasso Adamopoulos, Loren Brandt, Chaoran Chen, Diego Restuccia and Xiaoyun Wei

2023: Testing Identification Conditions of LATE in Fuzzy Regression Discontinuity Designs

Yu-Chin Hsu, Ji-Liang Shiu and Yuanyuan Wan

2023: Trade Wars and Industrial Policy Competitions: Understanding the US-China Economic Conflicts

Jiandong Ju, Hong Ma, Zi Wang and Xiaodong Zhu

2023: Where Has All the Dynamism Gone? Productivity Growth in China's Manufacturing Sector, 1998-2013

Loren Brandt, Johannes Van Biesebroeck, Luhang Wang and Yifan Zhang

2023: Empirical Analysis of Network Effects in Nonlinear Pricing Data

Liang Chen and Yao Luo

2023: A Coefficient of Variation for Multivariate Ordered Categorical Outcomes

Gordon Anderson

2023: Subvector inference for Varying Coefficient Models with Partial Identification

Shengjie Hong, Yu-Chin Hsu and Yuanyuan Wan

2023: Identification and Estimation of Demand Models with Endogenous Product Entry and Exit

Victor Aguirregabiria, Alessandro Iaria and Senay Sokullu

2023: Distortions, Producer Dynamics, and Aggregate Productivity: A General Equilibrium Analysis

Stephen Ayerst, Loren Brandt and Diego Restuccia

2023: Difficult Decisions

Yoram Halevy, David Walker-Jones and Lanny Zrill

2023: Does Combating Corruption Reduce Clientelism?

Gustavo Bobonis, Paul Gertler, Marco Gonzalez-Navarro and Simeon Nichter

2023: The mode and the measurement of inequality with single and multiple ordinal variables

Gordon Anderson and Gaston Yalonetzky

2023: Policy Distortions and Aggregate Productivity with Endogenous Establishment-Level Productivity

Jose-Maria Da-Rocha, Diego Restuccia and Marina Tavares

2023: Financing Innovation with Innovation

Zhiyuan Chen, Minjie Deng and Min Fang

2023: Distortions, Producer Dynamics, and Aggregate Productivity: A General Equilibrium Analysis

Stephen Ayerst, Loren Brandt and Diego Restuccia

2023: Does co-residence with parents-in-law reduce women's employment in India?

Rajshri Jayaraman and Bisma Khan

2023: A Note on Identifying and Measuring Inclusive and Sufficientarian Growth in Ordered Categorical Outcome Environments

Gordon Anderson