Browsing Economics and Finance by Title
Now showing items 1-20 of 304
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Addressing COVID-19 Outliers in BVARs with Stochastic Volatility
(Massachusetts Institute of Technology Press, 2022-06-23) -
Ambiguity and the historical equity premium
(2018-07) -
An Anatomy of Industry Merger Waves*
(Oxford University Press (OUP), 2019-03-01) -
Are uncertainty shocks aggregate demand shocks?
(2018-06) -
Assortative Matching or Exclusionary Hiring? The Impact of Employment and Pay Policies on Racial Wage Differences in Brazil
We measure the effects of firm policies on racial pay differences in Brazil. Non-Whites are less likely to be hired by high-wage firms, explaining about 20 percent of the racial wage gap for both genders. Firm-specific pay ... -
The asymptotics of price and strategy in the buyer’s bid double auction
(2023-01-01)In a model with correlated and interdependent values/costs, we identify for the buyer’s bid double auction the asymptotic distributions of the price and of two order statistics in the first order conditions for optimal ... -
Athree-dimensionalasymmetric powerHEAVYmodel
(2020-10-09) -
Behavioral implications of shortlisting procedures
(Springer Berlin-Heidelberg, 2013-10)We consider two-stage “shortlisting procedures” in which the menu of alternatives is first pruned by some process or criterion and then a binary relation is maximized. Given a particular first-stage process, our main result ...