Publications & Papers

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Macroeconomics

Irreversibility and Aggregate Investment

The Review of Economic Studies 61(2), 223-246
G. Bertola, Ricardo Caballero
April 1994
Industrial Organization

Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment?

RAND Journal of Economics, 28, 489-541
Nancy L. Rose and Andrea Shepard
April 1994
Public Economics, Financial Economics

Do 401(k) contributions crowd out other personal saving?

Journal of Public Economics 58.1 (1995): 1-32
James Poterba, Steven Venti, David A. Wise
April 1994
Macroeconomics

Small Sample Bias and Adjustment Costs

Review of Economics and Statistics 76(1), 52-58
Ricardo Caballero
February 1994
Econometrica
Behavioral Economics, Economic Theory

Trade with Heterogeneous Prior Beliefs and Asymmetric Information

Econometrica 62, 1327-1347
Stephen Morris
January 1994
Public Economics, Financial Economics

Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-Employed

The Quarterly Journal of Economics 109.3 (1994): 701-733
Jonathan Gruber and James Poterba
January 1994
Macroeconomics

Comments on: "A Reconsideration of Investment Behavior Using Tax Reforms as Natural Experiments"

Brookings Papers on Economic Activity 2 , Macroeconomics, 62-68
Ricardo Caballero
January 1994

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Journal of Labor Economics
Labor Economics, Econometrics

Why Do World War II Veterans Earn more than Nonveterans?

Journal of Labor Economics, 12(1), 74-97
Joshua D. Angrist, Alan B. Krueger
January 1994
Theoretical Aspects of Reasoning about Knowledge, Proceedings of the Fifth Conference
Economic Theory

Revising Knowledge: A Hierarchical Approach

In Theoretical Aspects of Reasoning about Knowledge, Proceedings of the Fifth Conference, 160-174
Stephen Morris
January 1994
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The role of macroeconomic factors in growth

Journal of Monetary Economics
Stanley Fischer
December 1993
Macroeconomics

On the Dynamics of Aggregate Investment

in Striving for Growth After Adjustment: The Role of Capital Formation, The World Bank, 1993, 65-87. eds. Luis Serven and Andres Solimano
Ricardo Caballero
December 1993
Industrial Organization, Economic Theory

The Finite-Sample Properties of Cointegration Estimators with Applications to Testing

P.C.B. Phillips, ed. Models, Methods, and Application of Econometrics. Essays in Honor of A.R. Bergstrom. Basil Blackwell, 176-198
Glenn Ellison, Stephen Satchell
December 1993
Macroeconomics

The Case for External Economies: An Overview

in Political Economy, Growth and Business Cycles, Cambridge: The MIT Press, 1993. eds. Alex Cukierman, Zvi Hercowitz, and Leonardo Leiderman
Ricardo Caballero, R.K. Lyons
December 1993
Industrial Organization, Economic Theory

Learning, Local Interaction and Coordination

Econometrica, 61(5),1047-1071
Glenn Ellison
September 1993
Industrial Organization, Economic Theory

Rules of Thumb for Social Learning

Journal of Political Economy, Vol. 101(4), 612-643
Glenn Ellison, Drew Fudenberg
August 1993
The Medieval Village Economy: A Study of the Pareto Mapping in General Equilibrium Models

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The Medieval Village Economy: A Study of the Pareto Mapping in General Equilibrium Models

Princeton University Press
Robert M. Townsend
July 1993

The Effect of Veterans Benefits on Education and Earnings

ILR Review, 46(4), 637-652
Joshua D. Angrist
July 1993

Asymmetric Information in General Equilibrium Models

Chapter in In General Equilibrium 40th Anniversary Conference, CORE, 126-134
Robert M. Townsend
June 1993