Working Papers

From University of Toronto, Department of Economics
150 St. George Street, Toronto, Ontario.
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2013: Explaining Educational Attainment across Countries and over Time

Diego Restuccia and Guillaume Vandenbroucke

2013: Auctions with Limited Commitment

Qingmin Liu, Konrad Mierendorff and Xianwen Shi

2013: A note on the identification in two equations probit model with dummy endogenous regressor

Romuald Méango and Ismael Mourifié

2013: Factor Misallocation and Development

Diego Restuccia

2013: Financial Frictions, Investment Delay and Asset Market Interventions

Shouyong Shi and Christine Tewfik

2013: NONPARAMETRIC SHARP BOUNDS FOR PAYOFFS IN 2 × 2 GAMES

Marc Henry and Ismael MOURIFIÉ

2013: My Friend Far Far Away: Asymptotic Properties of Pairwise Stable Networks

Vincent Boucher and Ismael MOURIFIÉ

2013: SHARP BOUNDS ON TREATMENT EFFECTS IN A BINARY TRIANGULAR SYSTEM

Ismael MOURIFIÉ

2013: Discriminatory Information Disclosure

Hao Li and Xianwen Shi

2013: Information Externalities and Intermediaries in Frictional Search Markets

Xianwen Shi and Aloysius Siow

2013: A Monetary Theory with Non-degenerate Distributions

Guido Menzio, Shouyong Shi and Hongfei Sun

2013: The Size Distribution of Farms and International Productivity Differences

Tasso Adamopoulos and Diego Restuccia

2013: Optimal Voting Rules

Alex Gershkov, Benny Moldovanu and Xianwen Shi

2013: Inference in Semiparametric Binary Response Models with Interval Data

Yuanyuan Wan and Haiqing Xu

2013: Tariffs and the Organization of Trade in China

Peter Morrow and Loren Brandt

2013: Customer Relationship and Sales

Shouyong Shi

2013: Euler Equations for the Estimation of Dynamic Discrete Choice Structural Models

Victor Aguirregabiria and Arvind Magesan

2013: The Dual Crises of the Late-Medieval Florentine Cloth Industry, c. 1320 - c. 1420

John Munro

2013: Symmetric Auctions

Rahul Deb and Mallesh Pai

2013: Dynamic Screening with Limited Commitment

Rahul Deb and Maher Said

2013: Implementation with Securities

Rahul Deb and Debasis Mishra

2013: Optimal Mechanism Design without Money

Alex Gershkov, Benny Moldovanu and Xianwen Shi

2013: The Size Distribution of Farms and International Productivity Differences

Tasso Adamopoulos and Diego Restuccia

2013: Roads and Trade: Evidence from the U.S

Gilles Duranton, Peter Morrow and Matthew Turner

2013: The Economics of Renewable Electricity Policy in Ontario

Donald Dewees

2013: It's About Time: Implications of the Period Length in an Equilibrium Search Model

Ronald Wolthoff

2013: Identification and Counterfactuals in Dynamic Models of Market Entry and Exit

Victor Aguirregabiria and Junichi Suzuki

2013: Identification of Games of Incomplete Information with Multiple Equilibria and Common Unobserved Heterogeneity

Victor Aguirregabiria and Pedro Mira

2013: Copula Based Factorization in Bayesian Multivariate Infinite Mixture Models

Martin Burda and Artem Prokhorov

2013: Modernization of Agriculture and Long-Term Growth

Dennis Yang and Xiaodong Zhu

2013: Competing with Asking Prices

Benjamin Lester, Ludo Visschers and Ronald Wolthoff

2013: Market Structure and Cost Pass-Through in Retail

Nicholas Li and Gee Hee Hong

2013: Explaining Educational Attainment across Countries and over Time

Diego Restuccia and Guillaume Vandenbroucke

2012: Misallocation and Productivity

Diego Restuccia and Richard Rogerson

2012: Liquidity, Innovation and Growth

Aleksander Berentsen, Mariana Rojas-Breu and Shouyong Shi

2012: The Latin American Development Problem: An Interpretation

Diego Restuccia

2012: Diversification of Geographic Risk in Retail Bank Networks: Evidence from Bank Expansion after the Riegle-Neal Act

Victor Aguirregabiria, Robert Clark and Hui Wang

2012: The Evolution of Education: A Macroeconomic Analysis

Diego Restuccia and Guillaume Vandenbroucke

2012: Money Matters: A Critique of the Postan Thesis on Medieval Population, Prices, and Wages

John Munro

2012: Quality Uncertainty and Intermediation in International Trade

Kunal Dasgupta and Jordi Mondria

2012: Evaluating the impact of a targeted land distribution program: Evidence from Vietnam

Dwayne Benjamin, Loren Brandt, Brian McCaig and Nguyen Le Hoa

2012: A Century of Human Capital and Hours

Diego Restuccia and Guillaume Vandenbroucke

2012: Liquidity, Assets and Business Cycles

Shouyong Shi

2012: Bayesian semiparametric multivariate GARCH modeling

Mark Jensen and John Maheu

2012: Dynamic Spatial Competition Between Multi-Store Firms

Victor Aguirregabiria and Gustavo Vicentini

2012: The Technology and Economics of Coinage Debasements in Medieval and Early Modern Europe: with special reference to the Low Countries and England

John Munro

2012: Pricing and Signaling with Frictions

Alain Delacroix and Shouyong Shi

2012: Becker Meets Ricardo: Multisector Matching with Social and Cognitive Skills

Robert McCann, Xianwen Shi, Aloysius Siow and Ronald Wolthoff

2012: Estimating a Semiparametric Asymmetric Stochastic Volatility Model with a Dirichlet Process Mixture

Mark Jensen and John Maheu

2012: Sovereign Debt Restructuring Mechanisms--Unintended Consequences of the 2002 IMF Proposal

John Crean

2012: Design and Implementation of a Common Currency Area in the East African Community

Thomas Rusuhuzwa and Paul Masson

2012: A Century of Human Capital and Hours

Diego Restuccia and Guillaume Vandenbroucke

2012: Identification and estimation of dynamic games when players' beliefs are not in equilibrium

Victor Aguirregabiria and Arvind Magesan

2012: A New Structural Break Model with Application to Canadian Inflation Forecasting

John Maheu and Yong Song

2012: Sequential Innovation and Optimal Patent Design

Christian Riis and Xianwen Shi

2012: The Evolution of Education: A Macroeconomic Analysis

Diego Restuccia and Guillaume Vandenbroucke

2012: On the Equivalence of Bayesian and Dominant Strategy Implementation

Alex Gershkov, Jacob Goeree, Alexey Kushnir, Benny Moldovanu and Xianwen Shi

2012: Occupational Mobility and the Returns to Training

Gueorgui Kambourov, Iourii Manovskii and Miana Plesca