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Penn Institute for Economic Research (PIER) Working Paper Series

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Viewing: 1 - 50 of 753 papers

1.

On the Welfare Cost of Consumption Fluctuations in the Presence of Memorable Goods

PIER Working Paper No. 20-025
Number of pages: 66 Posted: 01 Jul 2020
Working Paper Series
University of Miami - School of Business Administration - Department of Economics, University of Pennsylvania and University of Pennsylvania - Department of Economics
Downloads 15
2.

Genetic Risks, Adolescent Health and Schooling Attainment

PIER Working Paper No. 20-024
Number of pages: 26 Posted: 01 Jul 2020
Working Paper Series
Central Michigan University, University of Pennsylvania - Department of Economics, University of Wisconsin - Madison - Robert M. La Follette School of Public Affairs, University of Miami, affiliation not provided to SSRN and University of Pennsylvania - Department of Sociology
Downloads 1
3.

Real-Time Real Economic Activity: Exiting the Great Recession and Entering the Pandemic Recession

PIER Working Paper No. 20-023
Number of pages: 25 Posted: 01 Jul 2020
Working Paper Series
University of Pennsylvania - Department of Economics
Downloads 7
4.

Competition and Quality: Evidence from High-Speed Railways and Airlines

PIER Working Paper No. 20-022
Number of pages: 54 Posted: 30 Jun 2020
Working Paper Series
University of Pennsylvania - Department of Economics, ShanghaiTech University - School of Entrepreneurship and Management and The Chinese University of Hong Kong - CUHK Business School

Multiple version iconThere are 2 versions of this paper

Downloads 2
5.

Subjective Information Choice Processes

PIER Working Paper No. 20-021
Number of pages: 58 Posted: 17 Jun 2020
Working Paper Series
University of Pennsylvania - Department of Economics, affiliation not provided to SSRN and Duke University - Department of Economics
Downloads 2
6.

Additive-Belief-Based Preferences

PIER Working Paper No. 20-020
Number of pages: 47 Posted: 17 Jun 2020
Working Paper Series
University of Pennsylvania - Department of Economics and University of Michigan at Ann Arbor - Department of Economics
7.

Macro-Finance Decoupling: Robust Evaluations of Macro Asset Pricing Models

PIER Working Paper No. 20-019
Number of pages: 30 Posted: 01 Jun 2020 Last Revised: 05 Jun 2020
Working Paper Series
University of Pennsylvania - Department of Economics, The Wharton School, University of Pennsylvania and University of California, Los Angeles (UCLA) - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 16
8.

The Optimal Assortativity of Teams Inside the Firm

PIER Working Paper No. 20-018
Number of pages: 49 Posted: 20 May 2020
Working Paper Series
University of Pennsylvania and Central Bank of Costa Rica
Downloads 3
9.

Confidence Management in Tournaments

PIER Working Paper No. 20-017
Number of pages: 34 Posted: 14 May 2020
Working Paper Series
affiliation not provided to SSRN, University of Pennsylvania - Department of Economics, National University of Singapore (NUS) and School of Economics, Peking Univeristy
Downloads 3
10.

Activity and the Incidence of Emergencies: Evidence From Daily Data at the Onset of a Pandemic

PIER Working Paper No. 20-016
Number of pages: 44 Posted: 07 May 2020 Last Revised: 29 May 2020
Working Paper Series
Bar-Ilan University - Department of Economics, University of Pennsylvania and Inter-American Development Bank
Downloads 57
11.

Macroeconomic Dynamics and Reallocation in an Epidemic

PIER Working Paper No. 20-015
Number of pages: 35 Posted: 24 Apr 2020
Working Paper Series
University of Pennsylvania, University of Chicago - Department of Economics and National University of Singapore (NUS) - Asia Competitiveness Institute

Multiple version iconThere are 3 versions of this paper

Downloads 63
12.

Health versus Wealth: On the Distributional Effects of Controlling a Pandemic

PIER Working Paper No. 20-014
Number of pages: 44 Posted: 23 Apr 2020
Working Paper Series
Federal Reserve Bank of Kansas City, Minneapolis Fed, University of Pennsylvania and University of Pennsylvania - Department of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 58
13.

Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

PIER Working Paper No. 20-013
Number of pages: 81 Posted: 02 Apr 2020
Working Paper Series
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), University of Pennsylvania, Leibniz Institute for Financial Research SAFE, National Research University Higher School of Economics and IRES, Universit Catholique de Louvain - Department of Economics

Multiple version iconThere are 3 versions of this paper

Downloads 13
14.

Optimal Combination of Arctic Sea Ice Extent Measures: A Dynamic Factor Modeling Approach

PIER Working Paper No. 20-012
Number of pages: 22 Posted: 02 Apr 2020
Working Paper Series
University of Pennsylvania - Department of Economics, affiliation not provided to SSRN, University of Pennsylvania - Department of Economics, Federal Reserve Bank of San Francisco and University of Pennsylvania - Department of Economics
Downloads 8
15.

Simple Rules for a Complex World with Artificial Intelligence

PIER Working Paper No. 20-010
Number of pages: 20 Posted: 24 Mar 2020
Working Paper Series
University of Pennsylvania - Department of Economics
Downloads 39
16.

Human Mobility Restrictions and the Spread of the Novel Coronavirus (2019-nCoV) in China

PIER Working Paper No. 20-011
Number of pages: 39 Posted: 23 Mar 2020 Last Revised: 24 Mar 2020
Working Paper Series
University of Pennsylvania - Department of Economics, ShanghaiTech University - School of Entrepreneurship and Management and The Chinese University of Hong Kong - CUHK Business School

Multiple version iconThere are 3 versions of this paper

Downloads 202
17.

Long-Term Health Insurance: Theory Meets Evidence

PIER Working Paper No. 20-009
Number of pages: 75 Posted: 13 Mar 2020
Working Paper Series
University of Pennsylvania, University of Pennsylvania - Department of Economics, University of Duisburg-Essen - CINCH and Cornell University

Multiple version iconThere are 2 versions of this paper

Downloads 17
18.

The Collateral Channel of Monetary Policy: Evidence from China

PIER Working Paper No. 20-008
Number of pages: 56 Posted: 06 Mar 2020
Working Paper Series
University of Pennsylvania - Department of Economics, Fudan University and University of Wisconsin

Multiple version iconThere are 3 versions of this paper

Downloads 4
19.

Mental Health, Schooling Attainment and Polygenic Scores: Are there Significant Genetic-Environmental Associations?

PIER Working Paper No. 20-007
Number of pages: 32 Posted: 06 Feb 2020
Working Paper Series
Central Michigan University, University of Pennsylvania - Department of Economics, University of Wisconsin - Madison - Robert M. La Follette School of Public Affairs, University of Miami, Syracuse University - Department of Economics and University of Pennsylvania - Department of Sociology
Downloads 11
20.

After-School Tutoring, Household Substitution and Student Achievement: Experimental Evidence from Rural China

PIER Working Paper No. 20-004
Number of pages: 50 Posted: 31 Jan 2020
Working Paper Series
University of Pennsylvania - Department of Economics, Lingnan University, Lingnan College, Hong Kong Baptist University (HKBU) and The Chinese University of Hong Kong (CUHK) - Department of Economics
Downloads 16
21.

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 3 versions of this paper

Downloads 5
22.

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 34
23.

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 5
24.

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
25.

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 43
26.

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, affiliation not provided to SSRN and Norwegian School of Economics (NHH)
Downloads 20
27.

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
28.

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 4 versions of this paper

Downloads 19
29.

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 48
30.

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 24
31.

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 40
32.

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 3 versions of this paper

Downloads 16
33.

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

Multiple version iconThere are 2 versions of this paper

Downloads 32
34.

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 13
35.

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 27
36.

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 30
37.

Selling Data

PIER Working Paper No. 19-006
Number of pages: 49 Posted: 10 May 2019 Last Revised: 28 Apr 2020
Working Paper Series
Central Bank of Costa Rica
Downloads 78
38.

Dynamically Aggregating Diverse Information

PIER Working Paper No. 19-005
Number of pages: 61 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 46
39.

Automation and Top Income Inequality

PIER Working Paper No. 19-004
Number of pages: 47 Posted: 27 Mar 2019 Last Revised: 25 Jun 2020
Working Paper Series
University of Pennsylvania
Downloads 260
40.

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 106
41.

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 24
42.

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 44
43.

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
44.

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 - Eitan Berglas School of Economics

Multiple version iconThere are 2 versions of this paper

Downloads 60
45.

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 - Eitan Berglas School of Economics
Downloads 44
46.

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 13
47.

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 55
48.

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 126
49.

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
50.

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 44