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  • Regional and racial inequality in infectious disease mortality in U.S. cities, 1900-1948 

    Feigenbaum, James J.; Muller, Christopher; Wrigley-Field, Elizabeth (Springer Verlag, 2019-06-13)
    In the first half of the twentieth century, the rate of death from infectious disease in the United States fell precipitously. Although this decline is well-known and well-documented, there is surprisingly little evidence ...
  • Incentives for motivated experts in a partnership 

    Liu, Ting; Ma, Ching-to Albert; Mak, Henry Y. (Elsevier BV, 2018-08)
    A Principal has a set of projects, each having different benefit potentials, and each requiring a basic technology from one of two experts and time inputs from both experts. Experts enjoy motivation utilities from production, ...
  • What are the consequences of global banking for the international transmission of shocks? A quantitative analysis 

    Fillat, Jose L.; Garetto, Stefania; Smith, Arthur V. (2018-10-01)
    The global financial crisis of 2008 was followed by a wave of regulatory reforms that affected large banks, especially those with a global presence. These reforms were reactive to the crisis. In this paper we propose a ...
  • Uniform inference on quantile effects under sharp regression discontinuity designs 

    Qu, Zhongjun; Yoon, Jungmo
    This study develops methods for conducting uniform inference on quantile treatment effects for sharp regression discontinuity designs. We develop a score test for the treatment significance hypothesis and Wald-type tests ...
  • A composite likelihood framework for analyzing singular DSGE models 

    Qu, Zhongjun (Massachusetts Institute of Technology Press (MIT Press), 2018-12-02)
    This paper builds upon the composite likelihood concept of Lindsay (1988) to develop a framework for parameter identification, estimation, inference, and forecasting in DSGE models allowing for stochastic singularity. The ...
  • Financing smallholder agriculture: an experiment with agent-intermediated microloans in India 

    Mookherjee, Dilip; Maitra, Pushkar; Mitra, Sandip; Motta, Alberto; Visaria, Sujata (Elsevier, 2017-07)
    We explore the hypothesis that traditional joint-liability microfinance programs fail to increase borrower incomes in part because they cannot screen out unproductive borrowers. In randomly selected villages in West Bengal, ...
  • Dynamic communication with biased senders 

    Margaria, Chiara; Smolin, Alex (ACADEMIC PRESS INC ELSEVIER SCIENCE, 2018-07-01)
    We study dynamic games in which senders with state-independent payoffs communicate to a single receiver. Senders' private information evolves according to an aperiodic and irreducible Markov chain. We prove an analog of a ...
  • Middleman margins and asymmetric information: an experiment with potato farmers in West Bengal 

    Mookherjee, Dilip; Mitra, Sandip; Visaria, Sujata; Torero, Maximo (Massachusetts Institute of Technology Press (MIT Press), 2018)
    West Bengal potato farmers cannot directly access wholesale markets and do not know wholesale prices. Local middlemen earn large margins; pass-through from wholesale to farm-gate prices is negligible. When we informed ...
  • Causality from long-lived radiative forcings to the climate trend 

    Estrada, Francisco; Perron, Pierre (WILEY, 2019-01-01)
    In our study, we present a purely statistical observations‐based model‐free analysis that provides evidence about Granger causality (GC) from long‐lived radiative forcings (LLRFs) to the climate trend (CT). This relies on ...
  • Gallman revisited: Blacksmithing and American manufacturing, 1850-1870 

    Atack, Jeremy; Margo, Robert A. (Springer Berlin Heidelberg, 2017-05)
    In nineteenth-century America, blacksmiths were a fixture in every village, town, and city, producing a diverse range of products from axes to wheels and services from repairs to horse shoeing. In constructing his historical ...

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