Williams Economics Department Working Paper Series

Center for Development Economics Research Memoranda

Williams Project on the Economics of Higher Education Discussion Papers

Economics Department Working Papers:

2009

Ambiguous Solicitation: Ambiguous Prescription Robert Gazzale, Julian Jamison, Alexander Karlan, Dean Karlan
Behavioral Biases in Annuity Choice: An Experiment Robert Gazzale, Lina Walker
Learning to Play Nash from the Best Robert Gazzale

2008

How Does Charitable Giving Respond to Incentives and Income? Dynamic Panel Estimates Accounting for Predictable Changes in Taxation Jon Bakija, Bradley Heim
Extreme Returns without News: A Microstructural Explanation Carol Osler, Tanseli Savaser
Borrower Runs Philip Bond, Ashok Rai
Cosigners as Collateral Stephan Klonner and Ashok Rai
Utilization of Infertility Treatments: The Effects of Insurance Mandates Marianne Bitler, Lucie Schmidt
Does Marriage Really Mattter? Investments in Prenatal Care and Birth Outcomes Alison Jacknowitz, Lucie Schmidt
Banking Crises Gerard Caprio, Patrick Honohan
The 2007 Meltdown in Structured Securitization: Searching for Lessons not Scapegoats Gerard Caprio, Aslı Demirgüç-Kunt, Edward Kane
Bank Regulations Are Changing: But For Better or Worse? James Barth, Gerard Caprio, Ross Levine
The Trajectory of Wealth in Retirement David Love, Michael Palumbo, Paul Smith
Does Health Affect Portfolio Choice? David Love, Paul Smith
A New Look at the Wealth Adequacy of Older U.S. Households David Love, Paul Smith, Lucy McNair
The Effect of Marital Status and Children on Savings and Portfolio Choice David Love
Economic Research Citations at Liberal Arts Colleges Peter Pedroni, Stephen Sheppard
Understanding the Flattening Phillips Curve Kenneth Kuttner, Tim Robinson
Taxes, Wages, and the Labor Supply of Older Americans Lucie Schmidt, Purvi Sevak
Malaria: Disease Impacts and Long-Run Income Differences Douglas Gollin, Christian Zimmermann
Equipping Immigrants: Migration Flows and Capital Movements Fabian Lange, Douglas Gollin
Labour's Share of Income Douglas Gollin
Animal genetic resource trade flows: Economic assessment Douglas Gollin, Eric Van Dusen, Harvey Blackburn
Pension Freezes and Household Saving Over the Life Cycle David Love, Paul Smith
Remain Silent and Ye Shall Suffer: Seller Exploitation of Reticent Buyers in an Experimental Reputation System Robert Gazzale, Tapan Khopkar
Democracy Under the Tsars? The Case of the Zemstvo Steven Nafziger

 

2007

Adverse Selection in Credit Markets: Evidence from a Policy Experiment Stefan Klonner and Ashok Rai
Exchange Rate Response to Macro News: Through the Lens of Microstructure Tanseli Savaser
Risk Preferences and the Timing of Marriage and Childbearing Lucie Schmidt
Why Do Firms Offer Risky Defined Benefit Pension Plans? Davd Love, Paul Smith, David Wilcox
Do Markets Care Who Chairs the Central Bank? Kenneth Kuttner, Adam Posen
Only Twice As Much: A Rule for Regulating Lenders Mandar Oak, Anand Swamy
Micro-Perspectives on 19th-century Russian Living Standards Tracy Dennison, Steven Nafziger

2006

Habermas's Theory of Communicative Action and the Theory of Social Capital Roger Bolton

Documentation for a Comprehensive Historical U.S. Federal and State Income Tax Calculator Program Jon Bakija
Reconciling the Returns to Education in Off-Farm Wage Employment in Rural China Alan de Brauw and Scott Rozelle
Health Disparities and Infertility: Impacts of State-Level Insurance Mandates Marianne Bitler, Lucie Schmidt
Gender, Marriage, and Asset Accumulation in the United States Lucie Schmidt Purvi Sevak
Contracts, Hold-Up, and Exports: Textiles and Opium in Colonial India Rachel Kranton, Anand Swamy

2005

System Design, User Cost and Electronic Usage of Journals Robert Gazzale, Jeffrey MacKie-Mason
Public Health Investments and the Infant Mortality Gap: Evidence from Federal Sanitation Interventions on U.S. Indian Reservations Tara Watson
Regional Income Divergence in China Peter Pedroni and James Yudong Yao
Robust Unit Root and Cointegration Rank Tests for Panels and Large Systems Peter Pedroni and Tim Vogelsang
Migrant Opportunity and the Educational Attainment of Youth in Rural China Alan de Brauw and John Giles
Stemming the Tide? The Effect of Expanding Medicaid Eligibility on Health Insurance Lara Shore-Sheppard
Effects of Infertiltiy Insurance Mandates on Fertility Lucie Schmidt
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2004

Improving Learning Performance by Applying Economic Knowledge Christopher Brooks, Robert Gazzale, Jeffrey MacKie Mason, Edmund Durfee
When Does Learning in Games Genterate Convergence to Nash Equilibria? The Role of Supermodularity in an Experimental Setting Yan Chen and Robert Gazzale
Social Capital, Barriers to Production and Capital Shares; Implications for the Importance of Parameter Heterogeneity from a Nonstationary Panel Approach Peter Pedroni
The Effect of Infrastructure on Long Run Economic Growth David Canning and Peter Pedroni
Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis Peter Pedroni
The Impact of Rent Controls in Non-Walrasian Markets: An Agent-Based Modeling Approach Ralph Bradburd, Stephan Sheppard, Joseph Bergeron and Eric Engler
Explaining The Appearance and Success of Voter Referenda For Open-Space Conservation Matthew Kotchen and Shawn Powers
Private Provision of Environmental Public Goods: Household Participation in Green-Electricity Programs Matthew Kotchen and Michael Moore
Conservation Behavior: From Voluntary Restraint to a Voluntary Price Premium Matthew Kotchen and Michael Moore
Cosigned or Group Loans Philip Bond and Ashok S. Rai
Are the new and old EU countries financially integrated? Tomas Dvorak and Chris Geiregat
Seasonal Migration and Improving Living Standards in Vietnam Alan de Brauw and Tomoko Harigaya
Transmission of External and Internal Shocks In Argentina During The Convertibility Period. Some Empirical Findings From VARs Chris Geiregat
Do the Rich Flee from High State Taxes? Evidence from Federal Estate Tax Returns Jon Bakija and Joel Slemrod
Do Maternal Investments in Human Capital Affect Children's Academic Achievement? Quinn Moore and Lucie Schmidt
Working Until Dropping: Employment Behavior of the Elderly in Rural China Lihua Pang, Alan de Brauw and Scott Rozelle
Rationality, Tort Reform and Contingent Valuation: A Classroom Experiment in Starting Point Bias Victor A. Matheson
CPI Bias and Real Living Standards in Russia John Gibson, Steven Stillman and Trinh Le
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2003

Household Investment through Migration in Rural China Alan de Brauw and Scott Rozelle
Are Women Taking Over the Farm in China? Alan de Brauw
What Can We Learn About the Sensitivity of Investment to Stock Prices with a Better Measure of Tobin's q? William M. Gentry and Christopher J. Mayer
The Character and Determinants of Corporate Capital Gains Mihir A. Desai and William M. Gentry
Green Markets and Private Provision of Public Goods Matthew J. Kotchen
Impure Public Goods and the Comparative Statics of Environmentally Friendly Consumption Matthew J. Kotchen
Sometimes Close is Good Enough: The Value of Nearby Environmental Amenities Lucie Schmidt and Paul N. Courant
Did Expanding Medicaid Affect Welfare Participation? John Ham and Lara Shore-Sheppard, NBER Working Paper #9803
Using Discontinuous Eligibility Rules to Identify the Effects of the Federal Medicaid Expansions on Low Income Children David Card and Lara Shore-Sheppard
The Effect of Medicaid Expansions for Low-Income Children on Medicaid Participation and Private Insurance Coverage: Evidence from the SIPP John Ham and Lara Shore-Sheppard
The Measurement of Medicaid Coverage in the SIPP: Evidence from a Comparison of Matched Records David Card, Andrew Hildreth, and Lara Shore-Sheppard
The Death-Effect on Collectible Prices Victor A. Matheson and Robert A. Baade The Paradox of Championships "Be Careful, Sports Fans, What You Wish For" Robert A. Baade and Victor A. Matheson
Research Note: Contrary Evidence on the Economic Impact of the Super Bowl on the Victorious City Victor A. Matheson
Super Bowl or Super (Hyper)Bole? Assessing the Economic Impact of America's Premier Sports Event Robert A. Baade and Victor A. Matheson
In Search of a Fair Bet in the Lottery Victor A. Matheson and Kent Grote
Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity? Victor A. Matheson and Robert A. Baade
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2002

Model Selection in an Information Economy: Choosing what to learn Christopher Brooks, Robert Gazzale, Rajarshi Das, Jeffrey Kephart, Jeffrey MacKie-Mason, Edmund Durfee
The Welfare Implications of Increasing Disability Insurance Benefit Generosity John Bound, Julie Berry Cullen, Austin Nichols and Lucie Schmidt NBER Working Paper #9155
AFDC, SSI, and Welfare Reform Aggressiveness: Caseload Reductions vs. Caseload Shifting Lucie Schmidt and Purvi Sevak
Capitalising the Value of Free Schools: The Impact of Land Supply Constraints Paul Cheshire and Stephen Sheppard
Taxes Versus Regulation: The Welfare Impacts of Policies for Containing Sprawl Paul Cheshire and Stephen Sheppard
Sequencing and the Success of Gradualism: Empirical Evidence from China's Agricultural Reform Alan de Brauw, Jikun Huang, and Scott Rozelle
Getting Income Shares Right Douglas Gollin
Nobody's Business by My Own: Self Employment and Small Enterprise in Economic Development Douglas Gollin
The Green Revolution: An End of Century Perspective R.E. Evenson and Douglas Gollin
Farm Work, Home Work and International Productivity Differences Douglas Gollin, Stephen Parente and Richard Rogerson
The Role of Agriculture in Development Douglas Gollin, Stephen Parente and Richard Rogerson
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2001

Purchasing Power Parity Tests in Cointegrated Panels Peter Pedroni
The Impact of Public Health Insurance on Labor Market Transitions John Ham and Lara Shore-Sheppard
The Welfare Economics of Land Use Planning Paul Cheshire and Stephen Sheppard
Do Domestic Investors Have an Information Advantage? Evidence from Indonesia Tomas Dvorak
Post-Crisis Exchange Rate Policy in Five Asian Countries: Filling in the "Hollow Middle"? Peter Montiel and Leonardo Hernandez
Reform and Growth in Latin America: All Pain, No Gain? Peter Montiel and Eduardo Fernandez-Arias
Gross Capital Flows and Asymmetric Information Tomas Dvorak
Latifundia Economics Jonathan Conning
Managing Economic Insecurity in Rural El Salvador: the role of asset ownership and labor market adjustments Jonathan Conning, Pedro Olinto and Alvaro Trigueros
Land Reform and the Political Organization of Agriculture Jonathan H. Conning and James A. Robinson

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2000

Pricing and Bundling Electronic Information Goods: Field Evidence Jeffrey MacKie-Mason, Juan Riveros, Robert Gazzale
Critical Values for Cointegration Tests in Heterogeneous Panels with Multiple Regressors Peter Pedroni
Fully Modified OLS for Heterogeneous Cointegrated Panels Peter Pedroni
The Effect of Local Fiscal Policies on Urban Wage Structure Patricia Beeson, Lara Shore-Sheppard, and Christopher Briem
The Effect of Taxes on Portfolio Choice: Evidence From Panel Data Spanning The Tax Reform Act of 1986, Jon Bakija
Distinguishing Transitory and Permanent Price Elasticities of Charitable Giving with Pre-Announced Changes in Tax Law, Jon Bakija
Monitoring by Peers or by Delegates? Joint Liability Loans under Moral Hazard, Jonathan Conning
Of Pirates and Moneylenders: Product market competition and the depth of lending relationships in a rural market in Chile, Jonathan Conning
Community Based Targeting for Social Safety Nets, Jonathan Conning and Michael Kevane
Gender and Corruption, Anand Swamy, Stephen Knack, Young Lee, and Omar Azfar (Published in Journal of Development Economics, Vol. 64, 2001, 25-55.)
Taxation by Auction: Fund-Raising by 19th Century Indian Guilds, Arijit Sen and Anand V. Swamy
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1998

"Work and Development" (abstract) Henry J. Bruton and David Fairris
"A Reconsideration of Import Substitution," Henry J. Bruton, Journal of Economic Literature, Vol XXXVI (June 1998), pp. 903-936.
"American Business Cycle Volatility in Historical Perspective: Revised Estimates of Real GDP, 1869-1913" (abstract) Mark Seigler
"It Pays to Value Family: Work and Family Tradeoffs Reconsidered"(abstract) Peter Cappelli, Jill Constantine and Cline Chadwick
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