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Penn Institute for Economic Research (PIER) Working Paper Series

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Viewing: 1 - 50 of 733 papers

1.

Coalition-Proof Risk Sharing Under Frictions

PIER Working Paper No. 20-002
Number of pages: 64 Posted: 10 Jan 2020
Working Paper Series
University of Pennsylvania - Department of Economics, University of Pennsylvania, University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 5
2.

Probability Assessments of an Ice-Free Arctic: Comparing Statistical and Climate Model Projections

PIER Working Paper No. 20-001
Number of pages: 29 Posted: 03 Jan 2020
Working Paper Series
University of Pennsylvania - Department of Economics and Federal Reserve Bank of San Francisco
Downloads 16
3.

Lock-In in Dynamic Health Insurance Contracts: Evidence from Chile

PIER Working Paper No. 19-020
Number of pages: 61 Posted: 12 Nov 2019
Working Paper Series
University of Pennsylvania
Downloads 3
4.

Household Labor Search, Spousal Insurance, and Health Care Reform

PIER Working Paper No. 19-019
Number of pages: 69 Posted: 17 Oct 2019
Working Paper Series
University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics

Multiple version iconThere are 3 versions of this paper

Downloads 1
5.

Learning under Diverse World Views: Model-Based Inference

PIER Working Paper No. 19-018
Number of pages: 58 Posted: 03 Oct 2019
Working Paper Series
University of Pennsylvania - Department of Economics and Yale University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 12
6.

Quality Regulation and Competition: Evidence from Pharmaceutical Markets

PIER Working Paper No. 19-017 (2019)
Number of pages: 75 Posted: 29 Sep 2019
Working Paper Series
University of Pennsylvania, University of Chicago, Department of Economics and Norwegian School of Economics (NHH)
Downloads 14
7.

Search Complementarities, Aggregate Fluctuations, and Fiscal Policy

PIER Working Paper No. 19-016 (2019)
Number of pages: 82 Posted: 18 Sep 2019
Working Paper Series
University of Pennsylvania - Department of Economics, Federal Reserve Bank of Atlanta, Shanghai University of Finance and Economics - School of Economics and University of Oxford

Multiple version iconThere are 4 versions of this paper

Downloads 7
8.

Financial Frictions and the Wealth Distribution

PIER Working Paper No. 19-015, September 2019
Number of pages: 70 Posted: 18 Sep 2019
Working Paper Series
University of Pennsylvania - Department of Economics, Banco de España and Banco de España

Multiple version iconThere are 3 versions of this paper

Downloads 15
9.

Online Estimation of DSGE Models

PIER Working Paper No. 19-014, July 2019
Number of pages: 70 Posted: 25 Jul 2019
Working Paper Series
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Bank of New York, Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of New York and University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 26
10.

Schooling Investment, Mismatch, and Wage Inequality

PIER Working Paper No. 19-013, July 2019
Number of pages: 50 Posted: 19 Jul 2019
Working Paper Series
University of Pennsylvania and Duke University
Downloads 15
11.

On the Evolution of U.S. Temperature Dynamics

PIER Working Paper No. 19-012, July 2019
Number of pages: 92 Posted: 09 Jul 2019
Working Paper Series
University of Pennsylvania - Department of Economics and Federal Reserve Bank of San Francisco
Downloads 31
12.

Revisiting the Hypothesis of High Discounts and High Unemployment

PIER Working Paper No. 19-011, June 2019
Number of pages: 32 Posted: 21 Jun 2019
Working Paper Series
University of Pennsylvania, New York University (NYU) and University of Edinburgh

Multiple version iconThere are 2 versions of this paper

Downloads 8
13.

Inaccurate Statistical Discrimination

PIER Working Paper No. 19-010, May 2019
Number of pages: 61 Posted: 19 Jun 2019
Working Paper Series
University of Pennsylvania, Carnegie Mellon University - Department of Social and Decision Sciences, Carnegie Mellon University - Department of Social and Decision Sciences and University of Chicago - Booth School of Business

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Downloads 8
14.

Factions, Local Accountability, and Long-Term Development: Theory and Evidence

PIER Working Paper No. 19-009, May 2019
Number of pages: 57 Posted: 06 Jun 2019
Working Paper Series
University of Pennsylvania - Department of Economics, Shandong University, Peking University - China Institute for Educational Finance Research (CIEFR), World Bank - Development Research Group (DECRG) and Peking University - School of Economics

Multiple version iconThere are 3 versions of this paper

Downloads 7
15.

Common Learning and Cooperation in Repeated Games

PIER Working Paper No. 19-008 , Stanford University Graduate School of Business Research Paper No. 19-25
Number of pages: 125 Posted: 10 May 2019
Working Paper Series
Stanford Graduate School of Business and University of Pennsylvania
Downloads 21
16.

Higher Order Information Complementarities and Polarization

PIER Working Paper No. 19-007
Number of pages: 37 Posted: 10 May 2019 Last Revised: 11 Sep 2019
Working Paper Series
Central Bank of Costa Rica
Downloads 20
17.

Selling Data

PIER Working Paper No. 19-006
Number of pages: 59 Posted: 10 May 2019
Working Paper Series
Central Bank of Costa Rica
Downloads 44
18.

Dynamically Aggregating Diverse Information

PIER Working Paper No. 19-005
Number of pages: 55 Posted: 09 May 2019 Last Revised: 16 Jul 2019
Working Paper Series
University of Pennsylvania - Department of Economics, Columbia University and Microsoft Corporation - Microsoft Research New England
Downloads 37
19.

Automation and Top Income Inequality

PIER Working Paper No. 19-004
Number of pages: 50 Posted: 27 Mar 2019
Working Paper Series
University of Pennsylvania
Downloads 217
20.

Marriage Market Dynamics, Gender, and the Age Gap

PIER Working Paper No. 19-003
Number of pages: 72 Posted: 21 Mar 2019
Working Paper Series
University of Pennsylvania
Downloads 52
21.

Dynamic Mechanisms with Verification

PIER Working Paper No. 19-002
Number of pages: 12 Posted: 19 Feb 2019
Working Paper Series
University of Pennsylvania, Department of Electrical and Systems Engineering and University of Pennsylvania - Department of Economics
Downloads 19
22.

The Wisdom of a Confused Crowd: Model-Based Inference

PIER Working Paper No. 19-001
Number of pages: 58 Posted: 17 Jan 2019
Working Paper Series
University of Pennsylvania - Department of Economics and Yale University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 42
23.

The Curse of Long Horizons

PIER Working Paper No. 18-029
Number of pages: 48 Posted: 04 Dec 2018
Working Paper Series
University of Texas at Austin and University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 24
24.

What are Axiomatizations Good for?

PIER Working Paper No. 18-026, HEC Paris Research Paper No. ECO/SCD-2018-1318
Number of pages: 34 Posted: 06 Nov 2018 Last Revised: 21 Nov 2018
Working Paper Series
Tel Aviv University - Eitan Berglas School of Economics, University of Pennsylvania - Department of Economics, Yale University - Department of Economics and Tel Aviv University

Multiple version iconThere are 2 versions of this paper

Downloads 58
25.

The Hurwicz Program, Past and Suggestions for the Future

PIER Working Paper No. 18-027
Number of pages: 12 Posted: 06 Nov 2018
Working Paper Series
University of Pennsylvania - Department of Economics and Tel Aviv University
Downloads 43
26.

Partial Rating Area Offering in the ACA Marketplaces: Facts, Theory and Evidence

PIER Working Paper No. 18-025
Number of pages: 49 Posted: 06 Oct 2018
Working Paper Series
University of Pennsylvania - Department of Economics and Georgetown University - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 11
27.

The Lack of European Productivity Growth: Causes and Lessons for the U.S.

PIER Working Paper No. 18-024
Number of pages: 31 Posted: 24 Sep 2018
Working Paper Series
University of Pennsylvania - Department of Economics and University of California, Los Angeles (UCLA) - Department of Economics
Downloads 48
28.

Cryptocurrencies: A Crash Course in Digital Monetary Economics

PIER Working Paper No. 18-023
Number of pages: 24 Posted: 24 Sep 2018
Working Paper Series
University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 116
29.

Should Straw Polls be Banned?

PIER Working Paper No. 18-022
Number of pages: 17 Posted: 24 Sep 2018
Working Paper Series
Pennsylvania State University and University of Pennsylvania
Downloads 4
30.

Time Lotteries and Stochastic Impatience

PIER Working Paper No. 18-021
Number of pages: 39 Posted: 20 Sep 2018
Working Paper Series
University of Pennsylvania - The Wharton School, University of Pennsylvania - Department of Economics, Washington University in St. Louis and Princeton University - Department of Economics
Downloads 37
31.

Stochastic Impatience and the Separation of Time and Risk Preferences

PIER Working Paper No. 18-020
Number of pages: 36 Posted: 20 Sep 2018
Working Paper Series
University of Pennsylvania - Department of Economics, Washington University in St. Louis and Princeton University - Department of Economics
Downloads 32
32.

An Explicit Representation for Disappointment Aversion and Other Betweenness Preferences

PIER Working Paper No. 18-019
Number of pages: 41 Posted: 19 Sep 2018
Working Paper Series
Bocconi University - Department of Decision Sciences, University of Pennsylvania - Department of Economics and Princeton University - Department of Economics
Downloads 16
33.

History Remembered: Optimal Sovereign Default on Domestic and External Debt

PIER Working Paper No. 18-018
Number of pages: 86 Posted: 14 Sep 2018
Working Paper Series
Federal Reserve Banks - Federal Reserve Bank of Philadelphia and National Bureau of Economic Research (NBER)

Multiple version iconThere are 3 versions of this paper

Downloads 34
34.

Machine Learning for Regularized Survey Forecast Combination: Partially- Egalitarian Lasso and its Derivatives

PIER Working Paper No. 18-014
Number of pages: 33 Posted: 22 Aug 2018
Working Paper Series
University of Pennsylvania - Department of Economics and University of Illinois

Multiple version iconThere are 2 versions of this paper

Downloads 79
35.

Social Learning with Model Misspecification: A Framework and a Robustness Result

PIER Working Paper No. 18-017
Number of pages: 103 Posted: 22 Aug 2018 Last Revised: 23 Aug 2018
Working Paper Series
University of Pennsylvania and Aalto University - Department of Economics
Downloads 150
36.

The Dynamics of Discrimination: Theory and Evidence

PIER Working Paper No. 18-016
Number of pages: 76 Posted: 20 Aug 2018 Last Revised: 23 Aug 2018
Working Paper Series
University of Pennsylvania, Carnegie Mellon University - Department of Social and Decision Sciences and Wayfair, Inc.

Multiple version iconThere are 3 versions of this paper

Downloads 283
37.

Using Persistence to Generate Incentives in a Dynamic Moral Hazard Problem

PIER Working Paper No. 18-015
Number of pages: 76 Posted: 20 Aug 2018 Last Revised: 23 Aug 2018
Working Paper Series
University of Pennsylvania

Multiple version iconThere are 2 versions of this paper

Downloads 25
38.

On the Comparison of Interval Forecasts

PIER Working Paper No. 18-013
Number of pages: 23 Posted: 03 Aug 2018
Working Paper Series
University of Pennsylvania, School of Arts & Sciences, Department of Economics, University of Pennsylvania - Department of Economics, University of Pennsylvania - Department of Economics and University of Illinois

Multiple version iconThere are 2 versions of this paper

Downloads 22
39.

Equilibrium Labor Market Search and Health Insurance Reform, Third Version

PIER Working Paper No. 18-012
Number of pages: 84 Posted: 15 Jun 2018
Accepted Paper Series
University of Wisconsin-Madison Department of Economics and University of Pennsylvania - Department of Economics
Downloads 18
40.

Perturbations in DSGE Models: Odd Derivatives Theorem

PIER Working Paper No. 18-011
Number of pages: 20 Posted: 04 Jun 2018
Working Paper Series
University of Pennsylvania - Department of Economics
Downloads 41
41.

Declining Search Frictions, Unemployment and Growth

PIER Working Paper No. 18-005
Number of pages: 48 Posted: 11 May 2018
Working Paper Series
University of Pennsylvania and University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 26
42.

You Are What Your Parents Think: Height and Local Reference Points

PIER Working Paper No. 18-007
Number of pages: 51 Posted: 26 Apr 2018 Last Revised: 04 Sep 2019
Working Paper Series
University of Houston - Department of Economics, University of Chile - Diagonal Paraguay, University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 94
43.

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

PIER Working Paper No. 18-004
Number of pages: 80 Posted: 26 Feb 2018
Working Paper Series
University of Pennsylvania - Department of Economics and Leibniz Institute for Financial Research SAFE

Multiple version iconThere are 6 versions of this paper

Downloads 23
44.

Intra Firm Bargaining and Shapley Values

PIER Working Paper No. 18-003
Number of pages: 45 Posted: 16 Feb 2018
Working Paper Series
VU University Amsterdam, Free University of Amsterdam and University of Pennsylvania - Department of Economics

Multiple version iconThere are 5 versions of this paper

Downloads 22
45.

Free and Perfectly Safe but Only Partially Effective Vaccines Can Harm Everyone

PIER Working Paper No. 18-006, PIER Working Paper No. 18-006
Number of pages: 19 Posted: 23 Jan 2018 Last Revised: 04 Mar 2019
Working Paper Series
IESE Business School and University of Pennsylvania - Department of Economics
Downloads 95
46.

A Very Robust Auction Mechanism

PIER Working Paper No. 18-001
Number of pages: 24 Posted: 17 Jan 2018
Working Paper Series
Rutgers University - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 66
47.

Inferring the Ideological Affliations of Political Committees via Financial Contributions Networks

PIER Working Paper No. 17-022
Number of pages: 85 Posted: 20 Dec 2017
Working Paper Series
University of Pennsylvania - Department of Economics and University of Pennsylvania - Department of Economics
Downloads 17
48.

The Dynamics of Discrimination: Theory and Evidence

PIER Working Paper No. 17-021
Number of pages: 59 Posted: 04 Dec 2017
Working Paper Series
University of Pennsylvania, Carnegie Mellon University - Department of Social and Decision Sciences and Wayfair, Inc.

Multiple version iconThere are 3 versions of this paper

Downloads 160
49.

Predicting and Understanding Initial Play

PIER Working Paper No. 18-009
Number of pages: 39 Posted: 28 Nov 2017 Last Revised: 16 Jun 2019
Working Paper Series
Massachusetts Institute of Technology (MIT) and University of Pennsylvania - Department of Economics
Downloads 310
50.

A Walrasian Theory of Sovereign Debt Auctions with Asymmetric Information

PIER Working Paper No. 17-015
Number of pages: 59 Posted: 11 Nov 2017 Last Revised: 11 Nov 2017
Working Paper Series
University of Pennsylvania - Department of Economics, University of Texas at Austin, McCombs School of Business and University of Pennsylvania - Department of Economics

Multiple version iconThere are 4 versions of this paper

Downloads 39