Past departmental seminars

Previous seminars

Accounting for growth in the Soviet Union and the Union republics in 1950-1990

Friday 6 December 2019

Ilya Voskoboynikov (NRU Russia)

Information Design in the Hold-up Problem - Regular Dept Seminar

Wednesday 4 December 2019

Daniele Condorelli (Essex)

Inequality in Conflicts (PE)

Friday 22 November 2019

Santi Sanchez-Pages (Kings College London)

Distributions You Can Count On (EC)

Friday 22 November 2019

Chris Skeels (University of Melbourne)

Pre-Colonial Warfare and Long-Run Development in India (AME)

Wednesday 20 November 2019

James Fenske (Warwick)

Bank capital structure and regulation under adverse selection (MF)

Tuesday 19 November 2019

Swarnava Biswas (Bristol)

Historical Meritocratic State, Culture, and Schooling Outcomes (AME)

Wednesday 13 November 2019

Thang Dang (University of York)

Research and teaching targets in academia (ET)

Thursday 7 November 2019

Mauro Bambi (Durham)

Stable Job Sharing (joint with Pietro Salmaso, Arunava Sen, and Sonal Yadav)

Wednesday 30 October 2019

Antonio Nicolò (Padua/Manchester)

Overcoming Free-Riding in Bandit Games (ET)

Friday 18 October 2019

Nicolas Klein (Montreal)

Parenting Values Moderate the Intergenerational Transmission of Time Preferences

Friday 18 October 2019

Anne Ardila Brenøe, University of Zurich

Starting of the academic year meeting (AME)

Wednesday 25 September 2019

AME

Testing Stochastic Dominance with Many Conditioning Variables

Friday 19 July 2019

Yoon-Jae Whang (Seoul)

Intra-household Allocations with Public Goods: A new Source of Gender Inequality (AME)

Wednesday 19 June 2019

Mery Ferrnando (Tilburg University)

Religion and the Rise and Fall of Islamic Science

Wednesday 29 May 2019

Eric Chaney (Oxford)

Monetary policy, corporate finance and investment

Wednesday 22 May 2019

Paolo Surico (LBS)

Sentimental Business Cycles

Wednesday 15 May 2019

Morten Ravn (UCL)

Basic Instincts? Genes and Fertility (AME)

Wednesday 15 May 2019

Marco Francesconi, University of Essex

Government Contracting with Faith-Based Health Care Providers in Malawi (AME)

Wednesday 13 March 2019

Wiktoria Tafesse and Martin Chalkley

An Integrated Panel Data Approach to Modelling Economic Growth (EC)

Monday 11 March 2019

Bin Peng (University of Bath)

Air pollution during pregnancy and birth outcomes in Italy (AME)

Wednesday 6 March 2019

Daniela Vuri (Tor Vergata)

Public Employment in a Task Based Theory of Underemployment (MF)

Tuesday 5 March 2019

Pedro Gomes (Birkbeck College, University of London )

Currency anomalies (MF)

Tuesday 26 February 2019

Anthony Garratt (Warwick Business School)

CONSISTENT SPECIFICATION TESTING UNDER NETWORK DEPENDENCE, joint with Xi Qu(EC)

Friday 15 February 2019

Abhimanyu Gupta, University of Essex

Gender Differences in Aspired Occupations (AME)

Wednesday 30 January 2019

Madison Kerr

Past performance and Entry in Procurement: an Experimental Investigation

Wednesday 23 January 2019

Enrica Carbone (University of Campania)

Routine immunization and cognitive achievements (AME)

Wednesday 28 November 2018

Subhasish Dey

Reading group in macro & finance (CAMF)

Tuesday 27 November 2018

Fikret Bilenkis (CAMF)

Setting reserve prices in English auctions with limited commitment: an empirical assessment

Friday 16 November 2018

Ricardo Gonçalves (Catolica Porto Business School)

Weber Revisited: the Protestant Ethic and the Spirit of Nationalism

Wednesday 7 November 2018

Niko Wolf (Humboldt-Universität zu Berlin)

Vacancy Chains

Wednesday 31 October 2018

Mike Elsby (Edinburgh)

Persuasion meets delegation (joint work with Anton Kolotilin).

Wednesday 24 October 2018

Andy Zapechelnyuk (St. Andrews)

Refugee Resettlement

Wednesday 17 October 2018

Alex Teytelboym (Oxford)

Time-varying cointegration and the UK Great Ratios (CAMF)

Tuesday 16 October 2018

Stephen Millard, Bank of England

Do Foreign Investors Improve Market Efficiency?

Wednesday 10 October 2018

Marcin Kacperczyk (Imperial)

Estimating Derivatives of Function-Valued Parameters in a Class of Moment Condition Models

Wednesday 3 October 2018

Dominik Wied (University of Cologne)

Macro Cluster: The Ins and Outs of U.S. Corporate Cash Holding

Tuesday 12 June 2018

Ruhollah Eskandari (York)

Trend Inflation and Monetary Policy Regimes in Japan. PanDA

Monday 21 May 2018

Prof Tatsuyoshi Okimoto (ANU)

The term structure of expectations and bond yields (joint with Richard Crump and Stefano Eusepi)

Wednesday 16 May 2018

​Emmanuel Moench (Deutsche Bundesbank)​ CAMF

Filters,Waves and Spectra

Wednesday 2 May 2018

Stephen Pollock

Large Sample Estimators of the Stochastic Discount Factor.

Wednesday 25 April 2018

Robert Korajczyk

Real Effects of financial Distress: The Role of Heterogeneity (with Paco Buera)

Monday 26 March 2018

Sudipto Karmakar (Bank of Portugal)

The Children of the Missed Pill (joint with T. Rau and S. Urzua)

Thursday 22 March 2018

Miguel Sarzosa (Purdue)

CANCELLED

Wednesday 14 March 2018

Alex Teytelboym (Oxford)

Growing Pension Deficits and the Expenditure Decisions of Companies

Wednesday 7 March 2018

Paul Mizen (Notttingham) ​CAMF​

Physician performance pay: Experimental evidence

Wednesday 28 February 2018

Daniel Wiesen (Cologne)

Second-Order Induction and Agreement

Wednesday 21 February 2018

Itzhak Gilboa (HEC Paris)

Taking Away the Punch Bowl: Monetary Policy and Financial Instability

Wednesday 24 January 2018

Kevin Sheedy (LSE) ​CAMF​

Information shocks and provider adaptation: Evidence from interventional cardiology

Wednesday 22 November 2017

Daniel Avdic (Duisburg-Essen)

Single-Factor Consumption-Based Asset Pricing (joint with S. Delikouras, Miami)

Wednesday 15 November 2017

Alexandros Kostakis (Manchester)

Bounded Reasoning: Rationality or Cognition

Wednesday 25 October 2017

Terri Kneeland (UCL)

The Dimensions of Consensus

Wednesday 4 October 2017

Alex Gershkov (Surrey)

Bridge Filtering - Econometrics Cluster Seminar

Thursday 7 September 2017

Hiroshi Yamada (Hiroshima U)

Reciprocity as mutual benefit

Wednesday 31 May 2017

Robert Sugden (UEA)

Fairness and Utilitarianism without Independence

Wednesday 17 May 2017

Zvi Safra (WBS)

Inflating away the public debt: an empirical assessment

Wednesday 26 April 2017

Ricardo Reis (LSE)

Micro Cluster Seminar: Strategic Ambiguity and Information

Friday 21 April 2017

Atsushi Kajii (Kyoto)

Learning Dynamics Based on Social Comparisons

Wednesday 15 March 2017

Juan Block (Cambridge)

Adjusted QMLE for the Spatial Autoregressive Parameter

Wednesday 1 March 2017

Federico Martellosio (Surrey)

Specialist Lecture: Dynamic contests

Friday 17 February 2017

Jan Sand (Tromso)

The Wounds That Do Not Heal. The Life-time Scar of Youth Unemployment

Wednesday 8 February 2017

James Rockey (Leicester)

Country Portfolios, Collateral Constraints and Optimal Monetary Policy

Wednesday 1 February 2017

Ozge Senay (University of St Andrews)

Optimal Sequential Decision with Limited Attention

Wednesday 25 January 2017

Konrad Mierendorff (UCL)

MACRO & FINANCE CLUSTER: title to be confirmed

Thursday 8 December 2016

Alexis Anagnostopoulos (Stony Brook University)

Two-sided matching with (almost) one-sided preferences (with G. Haeringer)

Wednesday 23 November 2016

Vincent Iehle (Université Paris-Dauphine)

Predictive Density Testing and Quantile Based Trading Rules

Wednesday 16 November 2016

Patrick Marsh (Nottingham)

Rainfall Inequality, Political Power, and Ethnic Conflict in Africa

Wednesday 9 November 2016

Andrea Guariso (Trinity College Dublin)

MACRO & FINANCE CLUSTER SEMINAR: Global Liquidity, Leverage, and Asset Prices

Thursday 3 November 2016

Andrea Ferrero (Oxford University),

Return Expectations and Risk Aversion Heterogeneity in Household Portfolios

Wednesday 26 October 2016

Sergio Pastorello (Universita Di Bologna)

Regional Beveridge Curves

Wednesday 12 October 2016

Michael T. Owyang (Federal Reserve Bank of St. Louis)

Spatial nonprice competition : A structural approach

Wednesday 5 October 2016

Philippe Chone (ENSAE)

Inversion Copulas from Nonlinear State Space Models

Wednesday 17 August 2016

Dr Ole Maneesoonthorn (Melbourne Business School)

Rationalizability and Logical Inference

Wednesday 25 May 2016

Dieter Balkenborg (Exeter)

Savage’s theorem under changing awareness

Wednesday 18 May 2016

Franz Dietrich (PSE)

Understanding the Sources of Macroeconomic Uncertainty (by Rossi, Sekhposyan and Soupre)

Wednesday 11 May 2016

Barbara Rossi, Universitat Pompeu Fabra (UPF)

Incarceration, Recidivism and Employment

Wednesday 24 February 2016

Katrine Løken (Bergen)

The Dark Corners of the Labor Market

Wednesday 17 February 2016

Vincent Sterk (UCL)

Regulation of trades based on differences in beliefs

Wednesday 10 February 2016

Mich Tvede (Newcastle)

Panel Data Analysis with Heterogeneous Dynamics

Wednesday 27 January 2016

Ryo Okui (Kyoto)

Partisan Alignment and the Political Budget Cycle. Evidence from Spain

Wednesday 13 January 2016

Marcello Sartarelli (Alicante)

Measuring the Impact of Social Relationships: The Value of ‘Oneness’

Wednesday 2 December 2015

Simon Gachter (Nottingham)

Dust Exposure and Infant Mortality in West Africa

Wednesday 18 November 2015

James Fenske (Oxford)

Lung Exchange

Friday 6 November 2015

Utku Ünver(Boston College)

Income inequality and asset prices under redistributive taxation

Wednesday 14 October 2015

Lubos Pastor (Chicago Booth)

CMID Seminar: Collaboration in networks with randomly chosen agents

Wednesday 15 July 2015

Dr. Zhiwei Cui, Beihang University

Migration in Europe: Too "Much of a Good Thing?

Wednesday 20 May 2015

John Driffill (Birkbeck)

The Wages of Women in England, 1260-1850

Wednesday 13 May 2015

Jane Humphries (Oxford)

CMiD Seminar: Supermodular cooperative games with nontransferable utility

Thursday 7 May 2015

Professor Dolf Talman, Tilburg University

"Promoting Online Interaction Among Fiscal Policy Specialists"

Monday 20 April 2015

Kevin Page (University of Ottawa)

Macroeconomic Implications of Top Income Tax Cuts: 1960 - 2010

Wednesday 4 March 2015

Markus Poschke, McGill University

Aid on Demand: African Leaders and the Geography of China’s Foreign Assistance

Wednesday 25 February 2015

Roland Hodler, St Gallen University

Measuring dependence with local Gaussian correlation

Wednesday 18 February 2015

Dag Bjarne Tjøstheim, University of Bergen

Instrumental variable approaches for estimating causal effects in settings with multivariate outcomes

Wednesday 11 February 2015

Richard Grieve, London School of Hygiene and Tropical Medicine

Looking for ‘Ambiguity Attitude’ in a Strategic Setting

Wednesday 4 February 2015

Graham Loomes, Warwick Business School

Experimental evidence on income pooling and bargaining power in couples

Wednesday 28 January 2015

Miriam Beblo, University of Hamburg

Growth and human capital: a network approach (joint with Tiago V. V. Cavalcanti)

Wednesday 21 January 2015

Chryssi Giannitsarou, University of Cambridge

Spillover effects of early life medical interventions.

Wednesday 14 January 2015

Marianne Simonsen, Aarhus University

Military moral hazard and the fate of empires.

Monday 1 December 2014

Charles Zheng (Western Ontario)

Does grief transfer across generations?

Wednesday 26 November 2014

Kjell Salvanes, Norwegian School of Economics

Electoral Uncertainty, Income Inequality and the Middle Class

Wednesday 19 November 2014

Anirban Mitra, University of Oslo

Subgame-perfect equilibria in perfect information games with common preferences.

Monday 17 November 2014

Arkadi Predtetchinski (Maastricht)

Discrete Choice Estimation of Risk and Time Preferences

Monday 10 November 2014

Jose Apesteguia (Pompeu Fabra)

Local natural resource curse?

Wednesday 5 November 2014

Ragnar Torvik (University of Trondheim)

A one-shot deviation principle for stability in matching problems

Wednesday 29 October 2014

Jonathan Newton (University of Sydney)

Time-Consistent Consumption Taxation

Wednesday 22 October 2014

Raffaele Rossi (Lancaster)

Optimality of Momentum and Reversal

Wednesday 15 October 2014

Youwei Li, QU Belfast

Transparency and Deliberation within the FOMC: a Computational Linguistics Approach

Wednesday 8 October 2014

Michael McMahon, University of Warwick

Expert Information and Majority Decisions: Theory and Experiment

Wednesday 25 June 2014

Kohei Kawamura, University of Edinburgh

The end of the eurocrisis?

Wednesday 11 June 2014

Paul de Grauwe, London School of Economics

THE ECONOMICS OF DENSITY: EVIDENCE FROM THE BERLIN WALL

Wednesday 11 June 2014

Daniel Sturm, London School of Economics

Bargaining in Coalitional Games with Externalities

Wednesday 4 June 2014

Ben McQuillin, University of East Anglia

Accounting for the Great Divergence

Wednesday 28 May 2014

Steve Broadberry, London School of Economics

Ellsberg Games

Wednesday 14 May 2014

Frank Riedel, Bielefeld University

Bond Market and Macroeconomic News

Wednesday 7 May 2014

Michele Modugno, Federal Reserve Board

Physicians versus Midwives: Returns to Childbirth Technologies for Low-Risk Births.

Wednesday 30 April 2014

Meltem Daysal, University of Southern Denmark

A monotonic and merge-proof rule in minimum cost spanning tree situations

Wednesday 5 March 2014

Juan Vidal-Puga, University of Vigo

Dynamic Agenda Setting (joint with Hulya Eraslan)

Wednesday 26 February 2014

Ying Chen, University of Southampton

Second-best Incentive Compatible Allocation Rules for Multiple-type Indivisible Objects

Thursday 20 February 2014

Morimitsu Kurino, Centre for Social-Economic Research, Berlin

Inequity Aversion Revisited

Thursday 6 February 2014

Yang Yang, University of Amsterdam

Testing for Zero Jump Intensity (joint with Mervyn Silvapulle and Norman Swanson)

Wednesday 5 February 2014

Valentina Corradi, University of Surrey

On the Dynamics of Beliefs and Risky Sexual Behavior

Tuesday 21 January 2014

Flavio Toxvaerd, Cambridge University

Exploiting Nonlinearities in the First Stage Regressions of IV Procedures

Wednesday 15 January 2014

Andy Snell, University of Edinburgh

A Financial Economics-Based Approach to Forecasting Oil Prices

Monday 9 December 2013

Ehud Ronn, University of Texas

Optimal capital requirements over the business and financial cycles

Wednesday 6 November 2013

Frédéric Malherbe, London Business School

Unconventional government debt purchases as a supplement to conventional monetary policy

Friday 25 October 2013

Martin Ellison, University of Oxford

Real Time Monitoring for Abnormal Events with an Application to Influenza Outbreaks

Wednesday 23 October 2013

Brendan McCabe, University of Liverpool

Characterising competitive equilibrium in terms of opportunity

Wednesday 16 October 2013

Robert Sugden, University of East Anglia

Forward Induction when Players are Collectives

Wednesday 2 October 2013

Kim Sau Chung, University of Minnesota

A Unification of Solutions to the Bargaining Problem and Labour Market Negotiations

Wednesday 3 July 2013

Claus-Jochen Haake, University of Paderborn

THE DYNAMICS OF INVESTMENT, PAYOUT AND DEBT (joint work with S. Myers from MIT)

Wednesday 26 June 2013

Bart Lambrecht, University of Cambridge

Modelling the Service Sector

Thursday 13 June 2013

Stephen Millard, Bank of England

Discrimination in Contests

Wednesday 12 June 2013

Professor David Wettstein, Ben-Gurion University of the Negev

Liquidity, Term Spreads and Monetary Policy

Wednesday 5 June 2013

Yunus Aksoy, Birkbeck University of London

English auctions with ensuing risks and heterogeneous bidders

Thursday 30 May 2013

Audrey Hu, University of Bonn

Asymptotic Theory for the QMLE in GARCH-X Model with Stationary and Non-stationary covariates

Wednesday 22 May 2013

Dennis Kristensen, University College London

Prioritizing diversity in school choice

Tuesday 21 May 2013

Aytek Erdil, Cambridge University

Bargaining in Standing Committees with an Endogenous Default

Wednesday 15 May 2013

Vincent Anesi, University of Nottingham

Playing favorites: how firms prevent the revelation of bad news

Monday 13 May 2013

Dong Lou, London School of Economics

Robust Time Series Models

Friday 3 May 2013

Andrew Harvey, University of Cambridge

Alliances in the shadow of conflict

Wednesday 1 May 2013

Kai Konrad, Max Planck Institute for Tax Law and Public Finance

Homo Moralis: preference evolution under incomplete information and assortative matching

Monday 29 April 2013

Jorgen Weibull, Stockholm School of Economics

Saving the public from the private? Incentives and outcomes in dual practice

Friday 26 April 2013

Michael Kuhn, Vienna Institute of Demography

On the Democratic Weights of Nations

Thursday 25 April 2013

Professor Stefan Napel, University of Bayreuth

Multi-item Vickrey-English-Dutch Auctions

Monday 22 April 2013

Tommy Andersson, Lund University

Generalised Connectedness Measures of the Global Economy (joint with Viet Hoang Nguyen and Yongcheol Shin)

Wednesday 20 March 2013

Dr Matthew Greenwood-Nimmo, University of Melbourne

Innovation and Growth in Imperfect Financial Markets

Thursday 14 March 2013

Professor Pietro Peretto, Duke University

TEI@I Methodology with Applications to Economic Forecasting

Friday 8 March 2013

Professor Shouyang Wang, Chinese Academy of Sciences (Beijing)

Crude Oil Price Analysis and Forecasting based on Empirical Mode Decomposition

Friday 8 March 2013

Dr. Xun Zhang, Chinese Academy of Sciences (Beijing)

Autoregressive Conditional Models for Interval-Valued Time Series Data

Friday 8 March 2013

Dr. Ai Han, Chinese Academy of Sciences (Beijing)

Volatility Downside Risk

Wednesday 6 March 2013

Romeo Tedongap, Stockholm School of Economics

Currency crisis and collapse in interwar Greece: Predicament or Policy Failure?

Wednesday 20 February 2013

Professor Nikos Christodoulakis, Athens University of Economics and Business

Nominal Stability and Financial Globalization

Thursday 14 February 2013

Alan Sutherland, University of St Andrews

Stability and Competitive Equilibrium in Trading Networks

Wednesday 13 February 2013

Alexandru Nichifor, University of St Andrews

Humans Vs. Machines: The Effect of Behavioural Biases on Optimal Trading

Friday 8 February 2013

Daniel Ladley, University of Leicester

Inference on stochastic time-varying coefficient models

Thursday 7 February 2013

George Kapetanios, Queen Mary University of London

Bingtale and Fathomtale - Lead Miners’ Earnings in 19th Century Allendale

Wednesday 16 January 2013

Tim Barmby, The University of Aberdeen

Economic Cycles and Expected Stock Returns

Wednesday 5 December 2012

Speaker: Alessandro Beber, City University of London

Collusion and Extortion: The Twin Faces of Corruption (joint with Dilip Mookherjee)

Wednesday 28 November 2012

Economics and PEP Department Seminar

Limited information econometrics

Wednesday 14 November 2012

Economics Department Seminar

Tax Cuts vs. Government Spending: Welfare and the Zero Lower Bound

Wednesday 7 November 2012

Economics Department Seminar

Tropical geometry to analyse demand

Tuesday 6 November 2012

Economics Visitors Seminar

The Lasso for High-Dimensional Regression with a Possible Change-Point

Wednesday 31 October 2012

Economics Department Seminar

IV Estimation of Panels with Factor Residuals

Wednesday 24 October 2012

Economics Department Seminar

The Division Problem under Constraints

Wednesday 17 October 2012

Economics Department Seminar

The Geography of Inter-State Resource Wars

Wednesday 27 June 2012

Economics departmental seminar

Sovereign Debt Overhang and Monetary Policy

Wednesday 20 June 2012

Economics departmental seminar

An AI View of Bargaining Theory

Wednesday 20 June 2012

Economics seminar

Efficient Regression via Quantile Combination

Wednesday 13 June 2012

Economics distinguished visitor seminar

Experiments With The Lucas Asset Pricing Model

Wednesday 6 June 2012

Economics departmental seminar

Pareto properties of Franchise extension in England & Wales

Tuesday 29 May 2012

Economics Department Seminar

On the explanatory value of preference imprecision

Tuesday 22 May 2012

Economics departmental seminar

An Experiment on the Ellsberg Paradox

Wednesday 16 May 2012

Economics departmental seminar

Monopoly Pricing in the Presence of Social Learning

Wednesday 9 May 2012

Economics departmental seminar

Revealed preference tests of the Cournot Model

Tuesday 17 April 2012

Economics seminar

Lies, Damned Lies, and Statistics? Examples From Finance and Economics

Wednesday 14 March 2012

Title: Lies, Damned Lies, and Statistics? Examples From Finance and Economics

Causal effects on employment after first birth - A dynamic treatment approach

Wednesday 7 March 2012

Title: Causal effects on employment after first birth - A dynamic treatment approach

Naked exclusion in the lab: The case of sequential contracting

Wednesday 29 February 2012

Title: Naked exclusion in the lab: The case of sequential contracting

The Perils of Quantitative Easing

Monday 27 February 2012

The Perils of Quantitative Easing

Ordering Ambiguous Acts

Wednesday 22 February 2012

Title: Ordering Ambiguous Acts

Uncertainty and Capital Accumulation: Empirical Evidence from a Structural Model with Heterogeneous Firms

Wednesday 15 February 2012

Title: Uncertainty and Capital Accumulation: Empirical Evidence from a Structural Model with Heterogeneous Firms

Biases in Bias Elicitation

Wednesday 8 February 2012

Biases in Bias Elicitation

Theory of the Firm: Bargaining and Competitive Equilibrium

Wednesday 25 January 2012

Title - Theory of the Firm: Bargaining and Competitive Equilibrium

Maternal Autonomy and the Education of the Subsequent Generation

Wednesday 18 January 2012

Maternal Autonomy and the Education of the Subsequent Generation: Evidence from three contrasting states in India

Redistributive Fiscal Policy and Unemployment when Capital Markets are Globalised

Wednesday 7 December 2011

Redistributive Fiscal Policy and Unemployment when Capital Markets are Globalised

Water Resource Allocation and Independent Axioms

Friday 25 November 2011

Water Resource Allocation and Independent Axioms

Spatial Panel Models

Wednesday 23 November 2011

This paper provides a survey of the existing literature on spatial panel data models.

Financial Crisis and Macro-prudential policies

Saturday 19 November 2011

Abstract Stochastic general equilibrium models of small open economies with occasionally binding financial frictions are capable of mimicking both the business cycles and the crisis events associated with the sudden stop in access to credit markets (Mendoza, 2010). In this paper we study the inefficiencies associated with borrowing decisions in a two-sector small open production economy. We find that this economy is much more likely to display "under-borrowing" rather than "over-borrowing" in normal times. As a result, macro-prudential policies (i.e. Tobin taxes or economy-wide controls on capital inflows) are costly in welfare terms in our economy. Moreover, we show that macro-prudential policies aimed at minimizing the probability of the crisis event might be welfare-reducing in production economies. Our analysis shows that there is a much larger scope for welfare gains from policy interventions during financial crises. That is to say that, within our modeling approach, ex post or crisis-management policies dominate ex ante or macro-prudential ones.

The All-Pay Auction with Complete Information and Identity-Dependent Externalities

Monday 14 November 2011

The All-Pay Auction with Complete Information and Identity-Dependent Externalities

Who is (More) Rational?

Wednesday 9 November 2011

Abstract Revealed preference theory offers a criterion for decision-making quality: if decisions are high quality then there exists a utility function that the choices maximize. We conduct a large-scale field experiment that enables us to test for consistency with utility maximization. We find that high-income and high-education subjects display greater levels of consistency than low-income and low-education subjects, men are more consistent than women, and young subjects are more consistent than older subjects. We also find that consistency with utility maximization is strongly related to wealth: a standard deviation increase in standard consistency scores is associated with 15-19 percent more wealth.

Unambiguous Comparison of Intersecting Distribution Functions

Wednesday 2 November 2011

Unambiguous Comparison of Intersecting Distribution Functions

Parametric Inference on Strong Dependence

Tuesday 1 November 2011

Parametric Inference on Strong Dependence

On Intertemporal Poverty: Affluence Dependent Measures

Wednesday 26 October 2011

Abstract: This paper proposes a class of intertemporal poverty measures based on a sequence-specific weighted average of an individual’s snapshot poverty measures. The weight assigned to the level of poverty in each time period is determined by the number of periods of relative affluence directly preceding that poor period. These can have a short-lived mitigating effect on a subsequent poverty period. The properties of the measures are elaborated and an axiomatic foundation is provided.