Working Papers

From University of Toronto, Department of Economics
150 St. George Street, Toronto, Ontario.
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2007: From cities to productivity and growth in developing countries

Gilles Duranton

2007: Urban growth and transportation

Gilles Duranton and Matthew Turner

2007: Are there Structural Breaks in Realized Volatility?

Chun Liu and John Maheu

2007: Hanseatic Commerce in Textiles from the Low Countries and England during the Later Middle Ages

John Munro

2007: Optimal Auctions with Information Acquisition

Xianwen Shi

2007: Efficient Dynamic Coordination with Individual Learning

Amil Dasgupta, Jakub Steiner and Colin Stewart

2007: The Role of the Structural Transformation in Aggregate Productivity

Margarida Duarte and Diego Restuccia

2007: Comment: Identification of a Simple Dynamic Discrete Game under Rationalizability

Victor Aguirregabiria

2007: Pricing and Signaling with Frictions

Alain Delacroix and Shouyong Shi

2007: Dynamic Discrete Choice Structural Models: A Survey

Victor Aguirregabiria and Pedro Mira

2007: Party formation in single-issue politics [revised]

Martin Osborne and Rabee Tourky

2007: Tawney's Century (1540-1640): the Roots of Modern Capitalist Entrepreneurship in England

John Munro

2007: Wages Equal Productivity. Fact or Fiction?

Johannes Van Biesebroeck

2007: How useful are historical data for forecasting the long-run equity return distribution?

John Maheu and Thomas McCurdy

2007: An Equilibrium Theory of Declining Reservation Wages and Learning

Francisco Gonzalez and Shouyong Shi

2007: Wage and Productivity Premiums in Sub-Saharan Africa

Johannes Van Biesebroeck

2007: Disaggregate Productivity Comparisons: Sectoral Convergence in OECD Countries

Johannes Van Biesebroeck

2007: Trade Growth under the African Growth and Opportunity Act

Garth Frazer and Johannes Van Biesebroeck

2007: The Usury Doctrine and Urban Public Finances in Late-Medieval Flanders: Annuities, Excise Taxes, and Income Transfers from the Poor to the Rich

John Munro

2007: Outsourcing when Investments are Specific and Complementary

Alla Lileeva and Johannes Van Biesebroeck

2007: Cost benefit analysis vs. referenda

Martin Osborne and Matthew Turner

2007: On Finance as a Theory of TFP, Cross-Industry Productivity Differences, and Economic Rents

Andres Erosa and Ana Hidalgo-Cabrillana

2007: Learning, Forecasting and Structural Breaks

John Maheu and Stephen Gordon

2007: Policy Distortions and Aggregate Productivity with Heterogeneous Plants

Diego Restuccia and Richard Rogerson

2007: Another Look at the Identification of Dynamic Discrete Decision Processes: With an Application to Retirement Behavior

Victor Aguirregabiria

2007: Nontraded Goods, Market Segmentation, and Exchange Rates

Michael Dotsey and Margarida Duarte

2007: How Important is Human Capital? A Quantitative Theory Assessment of World Income Inequality

Andres Erosa, Tatyana Koreshkova and Diego Restuccia

2007: Modeling foreign exchange rates with jumps

John Maheu and Thomas McCurdy

2007: Decomposing the growth in residential land in the United States

Henry Overman, Diego Puga and Matthew Turner

2007: Nonparametric Inferences on Conditional Quantile Processes

Chuan Goh

2007: Monopolistic Group Design with Peer Effects

Simon Board

2007: An Estimable Dynamic Model of Entry, Exit and Growth in Oligopoly Retail Markets

Victor Aguirregabiria, Pedro Mira and Hernan Roman

2007: Bandwidth Selection for Semiparametric Estimators Using the m-out-of-n Bootstrap

Chuan Goh

2006: Search Theory; Current Perspectives

Shouyong Shi

2006: In praise of tax havens: International tax planning and foreign direct investment

Qing Hong and Michael Smart

2006: The Effectiveness of Anti-Smoking Campaigns over the Life-Cycle and the Role of Information

Eugene Choo and Robert Clark

2006: The Structural Transformation and Aggregate Productivity in Portugal

Margarida Duarte and Diego Restuccia

2006: Directed Search for Equilibrium Wage-Tenure Contracts

Shouyong Shi

2006: Prior Conditions, Age and the Impact of Insurance

Eugene Choo and Michael Denny

2006: Wearing Out -- The Decline in Health

Eugene Choo and Michael Denny

2006: Entrepreneurship in Early-Modern Europe (1450 - 1750): An Exploration of Some Unfashionable Themes in Economic History

John Munro

2006: Measuring the Cost of Economic Fluctuations with Preferences that Rationalize the Equity Premium

Angelo Melino

2006: Fat City: The Relationship Between Urban Sprawl and Obesity

Jean Eid, Henry Overman, Diego Puga and Matthew Turner

2006: Financial Contagion and Attention Allocation

Jordi Mondria

2006: Dynamic Spatial Competition Between Multi-Store Firms

Victor Aguirregabiria and Gustavo Vicentini

2006: Exploring the Detailed Location Patterns of UK Manufacturing Industries using Microgeographic Data

Gilles Duranton and Henry Overman

2006: Assessing the effects of local taxation using microgeographic data

Gilles Duranton, Laurent Gobillon and Henry Overman

2006: Pollution and the Price of Power

Donald Dewees

2006: Divorce Laws and the Structure of the American Family

Stéphane Mechoulan

2006: The Rise, Expansion, and Decline of the Italian Cloth Industries, 1100 - 1730: a study in conjoncture, transaction costs, and comparative advantage

John Munro

2006: Luxury and Ultra-Luxury Consumption in Later Medieval and Early Modern European Dress

John Munro

2006: Herd Behavior in Efficient Financial Markets

Andreas Park and Hamid Sabourian

2006: The External Effects of Black-Male Incarceration on Black Females

Stéphane Mechoulan

2006: Risky Sexual Behavior, Testing and New HIV Treatments

Stéphane Mechoulan

2006: Inequality and Growth in Rural China: Does Higher Inequality Impede Growth?

Dwayne Benjamin, Loren Brandt and John Giles

2006: The Usefulness of Corruptible Elections

Loren Brandt and Matthew Turner

2006: Strategic and extensive games

Martin Osborne

2006: Budget-Constrained Sequential Auctions with Incomplete Information

Carolyn Pitchik

2006: Self-Promoting Investments

Carolyn Pitchik

2006: Suspense

William Chan, Pascal Courty and Hao Li

2006: Currency Areas and Monetary Coordination

Qing Liu and Shouyong Shi

2006: Real Wages and the 'Malthusian Problem' in Antwerp and South-Eastern England, 1400 - 1700: A regional comparison of levels and trends in real wages

John Munro

2006: South German Silver, European Textiles, and Venetian Trade with the Levant and Ottoman Empire, c. 1370 to c. 1720: A non-mercantilist approach

John Munro

2006: What Explains Household Stock Holdings?

Miquel Faig and Pauline Shum

2006: COMPETITIVE-SEARCH EQUILIBRIUM IN MONETARY ECONOMIES

Miquel Faig and Stella Huangfu

2006: DIVISIBLE MONEY IN AN ECONOMY WITH VILLAGES

Miquel Faig

2006: Inflation, Prices, and Information in Competitive Search

Miquel Faig and Belén Jerez

2006: A Revealed Preference Approach to the Measurement of Congestion in Travel Cost Models

Christopher Timmins and Jennifer Murdock

2006: A Simple Theory of Smart Growth and Sprawl

Matthew Turner

2006: Precautionary Balances and the Velocity of Circulation of Money

Miquel Faig and Belén Jerez

2006: The Dynamics of the Transfer and Renewal of Patents

Carlos Serrano

2006: Welfare Improvement from Restricting the Liquidity of Nominal Bonds

Shouyong Shi

2006: A Microfoundation of Monetary Economics

Shouyong Shi

2006: Comportements sexuels risques et incitations: l'impact des nouveaux traitements sur la prevention du VIH

Pierre Geoffard and Stéphane Mechoulan

2006: The Expulsion of the Jews from France in 1306: a Modern Fiscal Analysis

Stéphane Mechoulan

2006: Electricity Restructuring and Regulation in the Provinces: Ontario and Beyond

Donald Dewees

2006: The Anti-Red Shift -- to the Dark Side: Changes in the Colour Patterns and Market Values of Flemish Luxury Woollens, 1300 - 1550

John Munro

2006: Money, Price Dispersion and Welfare

Brian Peterson and Shouyong Shi

2006: The Variability of Velocity of Money in a Search Model

Weimin Wang and Shouyong Shi

2006: Wage Differentials, Discrimination and Efficiency

Shouyong Shi

2006: Credible Ratings

Ettore Damiano, Hao Li and Wing Suen