CAS: Economics: Scholarly Papers
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URI: http://hdl.handle.net/2144/1244
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Regional and racial inequality in infectious disease mortality in U.S. cities, 1900-1948
(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
(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
(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
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
(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
(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
(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
(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
(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
(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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