Working Papers

From C.V. Starr Center for Applied Economics, New York University
C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012.
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08-01: The Foundations of Spatial Preferences

Jon Eguia

06-01: The Problem of Prevention

Jean-Pierre Benoit and Juan Dubra

98-42: Innovation Complementarity and Scale of Production

Eugenio Miravete and Jose C. Pernias

98-41: A Note on the Convergence to Competitive Equilibria in Economies with Moral Hazard

Alberto Bisin, Piero Gottardi and Danilo Guaitoli

98-40: Cultural Transmission, Marriage and the Evolution of Ethnic and Religious Traits

Alberto Bisin and Thierry Verdier

98-39: An Experimental Study of Belief Learning Using Real Beliefs

Yaw Nyarko and Andrew Schotter

98-38: Consumption and Income Inequality in Poland During the Economic Transition

Michael Keane and Eswar Prasad

98-37: The Perils of Taylor Rules

Jess Benhabib, Stephanie Schmitt-Grohe and Martín Uribe

98-36: National Trade Conflicts Caused by Productivity Changes

William Baumol and Ralph E. Gomory

98-35: National Trade Conflicts Caused by Productivity Changes: The Analysis with Full Proofs

William Baumol and Ralph E. Gomory

98-34: Monotone Games with Positive Spillovers

Douglas Gale

98-33: Financial Contagion

Franklin Allen and Douglas Gale

98-32: When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in the Transition Economies

Roman Frydman, Cheryl Gray, Marek P. Hessel and Andrzej Rapaczynski

98-31: Government Turnover in Parliamentary Democracies

Daniel Diermeier and Antonio Merlo

98-30: Voting Procedures

Steven Brams and Peter Fishburn

98-29: Diversity of Opinion and Financing of New Technologies

Franklin Allen and Douglas Gale

98-28: Environmental Effects on the Participation and Fertility Decisions of Married Women

Daniela Del Boca

98-27: The Asian Liquidity Crisis

A. Velasco and Roberto Chang

98-26: The Case for a Populist Central Banker

A. Velasco and V. Guzzo

98-25: "Overreaction" of Asset Prices in General Equilibrium

S. Aiyagari and Mark Gertler

98-24: Moral Hazard and Non-Exclusive Contracts

Alberto Bisin and Danilo Guaitoli

98-23: Social Mobility and the Demand for Redistribution: The POUM Hypothesis

Roland Benabou and Efe Ok

98-22: A Country's Maximal Gains from Trade and Conflicting National Interests

William Baumol and R.E. Gomory

98-21: Financial Crises in Emerging Markets: A Canonical Model

Roberto Chang and A. Velasco

98-20: Fair Division of Indivisible Items between Two People with Identical Preferences: Envy-Freeness, Pareto-Optimality, and Equity

Steven Brams and P.C. Fishburn

98-19: Evolution of Interdependent Preferences in Aggregative Games

Levent Kockesen, Efe Ok and Rajiv Sethi

98-18: Bargaining, Independence, and the Rationality of Fair Division

Giuseppe (Pino) Lopomo and Efe Ok

98-17: Education and Borrowing Constraints: Tests vs Prices

Raquel Fernandez

98-16: Vintage Capital and Equality

Boyan Jovanovic

98-15: Stock-Returns and Inflation in a Principal-Agent Economy

Boyan Jovanovic and Masako Ueda

98-14: Why Ownership Matters?: Politicization and Entrepreneurship in the Restructuring of Enterprises in Central Europe

R. Frydman, M. Hessel and A. Rapaczynski

98-13: Resolving Social Issues in a Merger: A Fair-Division Approach

Steven Brams and M.S. Kulikov

98-12: The Truth is in the Eye of the Beholder: or Equilibrium in Beliefs and Rational Learning in Games

Yaw Nyarko

98-11: To Mobilize of Not to Mobilize: Catch 22s in International Crises

Steven Brams

98-10: Fallback Bargaining

Steven Brams and D.M. Kilgour

98-09: An Asymmetric Kalai-Smorodinsky Solution

Juan Dubra

98-08: Taxation and the Sources of Growth: Estimates from United States Multinational Corporations

Jason Cummins

98-07: Taxation, Investment, and Firm Growth with Heterogeneous Capital

Jason Cummins and M. Dey

98-06: Debts and Deficits with Fragmented Fiscal Policymaking

A. Velasco

98-05: Financial Fragility and the Exchange Rate Regime

Roberto Chang and A. Velasco

98-04: Modes of Interaction Between Divorced Parents

Christopher Flinn

98-03: The Financial Accelerator in a Quantitative Business Cycle Framework

Ben Bernanke, Mark Gertler and Simon Gilchrist

98-02: Monetary Policy and Multiple Equilibria

Jess Benhabib, Stephanie Schmitt-Grohe and Martín Uribe

98-01: Monetary Policy Rules and Macroeconomic Stability: Evidence and some Theory

Richard Clarida, Jordi Galí and Mark Gertler

97-42: Pareto Optimal Sizes of Innovation Spillovers

William Baumol

97-41: Returns to Mobility in the Transition to a Market Economy

Tito Boeri and Christopher Flinn

97-40: Competitive Neutrality Via Differential Access Pricing: Preservation of Desired Cross Subsidies Under Competitive Entry

William Baumol

97-39: The Productivity Paradox: Evidence from Indirect Indicators of Service Sector Productivity Growth

Edward Wolff

97-38: General Competitive Analysis with Asymmetric Information

Alberto Bisin and Piero Gottardi

97-37: Psychological Expected Utility Theory and Anticipatory Feelings

Andrew Caplin and John Leahy