Browsing Economics and Finance by Title
Now showing items 241-260 of 351
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Natural Resource Wealth and Crime: The Role of International Price Shocks and Public Policy
(Elsevier, 2021-09-22) -
Network Structure and Performance
We develop a theory that links individuals’ network structure to their productivity and earnings. While a higher degree leads to better access to information, more clustering leads to higher peer pressure. Both information ... -
Networks in Conflict: Theory and Evidence From the Great War of Africa
(The Econometric Society, 2017-07-24) -
A noncooperative foundation of the competitive divisions for bads
Many economic situations involve the division of bads. We study a noncooperative game model for this type of division problem. The game resembles a standard multilateral bargaining model, but in our case, perpetual ... -
Nonlinear household earnings dynamics, self-insurance, and welfare
Earnings dynamics are much richer than typically assumed in macro models with heterogeneous agents. This holds for individual-pre-tax and household-post-tax earnings and across administrative and survey data. We estimate ... -
Nonparametric identification of an interdependent value model with buyer covariates from first-price auction bids
This paper introduces a version of the interdependent value model of Milgrom and Weber (1982), where the signals are given by an index gathering signal shifters observed by the econometrician and private ones specific to ... -
On the Mechanics of New-Keynesian Models
(Elsevier, 2019-01-31) -
On the Transactions Costs of UK Quantitative Easing
(Elsevier, 2018-01-09)Most quantitative easing programmes primarily involve central banks acquiring government liabilities in return for central bank reserves. In all cases this process is undertaken by purchasing these liabilities from private ... -
Optimal Pension Plan Default Policies when Employees are Biased
What is the optimal default contribution rate or default asset allocation in pension plans? Could active decision (i.e., not setting a default and forcing employees to make a decision) be optimal? These questions are studied ... -
Optimal Risk Transfer: A Numerical Optimization Approach
(2018-07-03)Capital efficiency and asset/liability management are part of the Enterprise Risk Management Process of any insurance/reinsurance conglomerate and serve as quantitative methods to fulfill the strategic planning within an ...