SSRN Yale: Cowles Foundation Working Papers

1.

From Efficient Market Theory to Behavioral Finance

Cowles Foundation Discussion Paper No. 1385

Number of pages: 44 Posted: 08 Nov 2002

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

Downloads 14,411

2.

A Multifractal Model of Asset Returns

Cowles Foundation Discussion Paper No. 1164, Sauder School of Business Working Paper

Number of pages: 33 Posted: 21 Apr 1998

Working Paper Series

Benoit B. Mandelbrot, Adlai J. Fisher and Laurent E. Calvet

Yale University - International Center for Finance, University of British Columbia (UBC) - Sauder School of Business and EDHEC Business School - Department of Economics & Finance

Downloads 7,543

3.

Demography and the Long-Run Predictability of the Stock Market

USC CLEO Research Paper No. C02-21; Cowles Foundation Discussion Paper No. 1380

Number of pages: 33 Posted: 24 Sep 2002

Working Paper Series

John Geanakoplos, Michael J. P. Magill and Martine Quinzii

Yale University - Cowles Foundation, University of Southern California - Department of Economics and University of California, Davis - Department of Economics

Downloads 5,106

4.

Bubbles, Human Judgment, and Expert Opinion

Yale Cowles Foundation Discussion Paper No. 1303

Number of pages: 17 Posted: 16 Jul 2001

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

Downloads 4,122

5.

Global Games: Theory and Applications

Cowles Foundation Discussion Paper No. 1275R

Number of pages: 70 Posted: 27 Sep 2001

Working Paper Series

Stephen Morris and Hyun Song Shin

Princeton University - Department of Economics and Bank for International Settlements

Downloads 2,881

6.

Large Deviations and the Distribution of Price Changes

Cowles Foundation Discussion Paper No. 1165, Sauder School of Business Working Paper

Number of pages: 30 Posted: 22 Apr 1998

Working Paper Series

Laurent E. Calvet, Adlai J. Fisher and Benoit B. Mandelbrot

EDHEC Business School - Department of Economics & Finance, University of British Columbia (UBC) - Sauder School of Business and Yale University - International Center for Finance

Downloads 2,719

7.

Multifractality of Deutschemark / US Dollar Exchange Rates

Cowles Foundation Discussion Paper No. 1166, Sauder School of Business Working Paper

Number of pages: 40 Posted: 21 Apr 1998

Working Paper Series

Adlai J. Fisher, Laurent E. Calvet and Benoit B. Mandelbrot

University of British Columbia (UBC) - Sauder School of Business, EDHEC Business School - Department of Economics & Finance and Yale University - International Center for Finance

Downloads 2,649

8.

The Equity Premium Consensus Forecast Revisited

Cowles Foundation Discussion Paper No. 1325

Number of pages: 15 Posted: 27 Sep 2001

Working Paper Series

Ivo Welch

University of California, Los Angeles (UCLA)

Downloads 2,588

9.

Behavioral Economics and Institutional Innovation

Yale ICF Working Paper No. 04-50; Cowles Foundation Discussion Paper No. 1499

Number of pages: 24 Posted: 22 Feb 2005

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

Downloads 2,081

10.

Credit Cards and Inflation

Cowles Foundation Discussion Paper No. 1709

Number of pages: 51 Posted: 18 Jun 2009

Working Paper Series

John Geanakoplos and Pradeep K. Dubey

Yale University - Cowles Foundation and SUNY Stony Brook - Center for Game Theory in Economics

Downloads 1,991

11.

Are We Approaching an Economic Singularity? Information Technology and the Future of Economic Growth

Cowles Foundation Discussion Paper No. 2021

Number of pages: 47 Posted: 09 Sep 2015

Working Paper Series

William D. Nordhaus

Yale University - Department of Economics

There are 2 versions of this paper

Downloads 1,831

12.

Understanding Recent Trends in House Prices and Home Ownership

Cowles Foundation Discussion Paper No. 1630, Yale Economics Department Working Paper No. 28, Yale ICF Working Paper No. 07-16

Number of pages: 47 Posted: 27 Sep 2007 Last Revised: 02 Nov 2007

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 1,741

13.

Beauty Contests, Bubbles and Iterated Expectations in Asset Markets

Cowles Foundation Discussion Paper No. 1406; AFA 2004 San Diego Meetings

Number of pages: 38 Posted: 08 Mar 2003

Working Paper Series

Franklin Allen, Stephen Morris and Hyun Song Shin

Imperial College London, Princeton University - Department of Economics and Bank for International Settlements

Downloads 1,553

14.

An Economic Approach to the Psychology of Change: Amnesia, Inertia, and Impulsiveness

Yale ICF Working Paper No. 00-47, Cowles Foundation Discussion Paper No. 1306, Dice Working Paper No. 2000-4

Number of pages: 46 Posted: 17 May 2001 Last Revised: 20 Aug 2009

Working Paper Series

David A. Hirshleifer and Ivo Welch

University of California, Irvine - Paul Merage School of Business and University of California, Los Angeles (UCLA)

There are 2 versions of this paper

Downloads 1,489

15.

Historic Turning Points in Real Estate

Cowles Foundation Discussion Paper No. 1610

Number of pages: 29 Posted: 04 Jun 2007 Last Revised: 28 Oct 2007

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 1,487

16.

One Simple Test of Samuelson's Dictum for the Stock Market

Cowles Foundation Discussion Paper No. 1386; Yale ICF Working Paper No. 02-39

Number of pages: 19 Posted: 04 Nov 2002

Working Paper Series

Jeeman Jung and Robert J. Shiller

Sangmyung University - Division of Economics & International Trade and Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 1,450

17.

The Effect of Language on Economic Behavior: Evidence from Savings Rates, Health Behaviors, and Retirement Assets

Cowles Foundation Discussion Paper No. 1820

Number of pages: 57 Posted: 22 Aug 2011 Last Revised: 13 Dec 2012

Working Paper Series

M. Keith Chen

University of California, Los Angeles (UCLA) - Anderson School of Management

Downloads 1,345

18.

Comparing Wealth Effects: The Stock Market Versus the Housing Market

Cowles Foundation Discussion Paper No. 1335

Number of pages: 26 Posted: 07 Nov 2001

Working Paper Series

Karl E. Case, John M. Quigley and Robert J. Shiller

Wellesley College, University of California, Berkeley, College of Letters & Science, Department of Economics (Deceased) and Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 1,325

19.

On the Evolution of Overconfidence and Entrepreneurs

Yale Cowles Foundation Discussion Paper No. 1307; Yale ICF Working Paper No. 00-48

Number of pages: 53 Posted: 16 Jul 2001

Working Paper Series

Antonio E. Bernardo and Ivo Welch

University of California, Los Angeles (UCLA) - Finance Area and University of California, Los Angeles (UCLA)

There are 2 versions of this paper

Downloads 1,150

20.

Robust Mechanism Design

Cowles Foundation Discussion Paper No. 1421

Number of pages: 56 Posted: 04 Jun 2003

Working Paper Series

Dirk Bergemann and Stephen Morris

Yale University - Cowles Foundation - Department of Economics and Princeton University - Department of Economics

There are 2 versions of this paper

Downloads 1,118

21.

Risk Aversion and Stock Prices

Yale ICF Working Paper No. 02-36, Cowles Foundation Discussion Paper No. 1382

Number of pages: 23 Posted: 10 Oct 2002

Working Paper Series

Ray C. Fair

Yale University - Cowles Foundation

Downloads 1,103

22.

Three Brief Proofs of Arrow's Impossibility Theorem

Yale Cowles Foundation Discussion Paper No. 1123RRR

Number of pages: 6 Posted: 16 Jul 2001

Working Paper Series

John Geanakoplos

Yale University - Cowles Foundation

Downloads 1,062

23.

Low Interest Rates and High Asset Prices: An Interpretation in Terms of Changing Popular Economic Models

Cowles Foundation Discussion Paper No. 1632, Yale Economics Department Working Paper No. 29, Yale ICF Working Paper No. 07-17

Number of pages: 33 Posted: 22 Oct 2007

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 1,049

24.

Radical Financial Innovation

Cowles Foundation Discussion Paper No. 1461

Number of pages: 29 Posted: 30 Apr 2004

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

Downloads 1,049

25.

Economists as Worldly Philosophers

Cowles Foundation Discussion Paper No. 1788

Number of pages: 13 Posted: 12 Mar 2011

Working Paper Series

Robert J. Shiller and Virginia M. Shiller

Yale University - Cowles Foundation and affiliation not provided to SSRN

Downloads 997

26.

The Leverage Cycle

Cowles Foundation Discussion Paper No. 1715

Number of pages: 55 Posted: 05 Aug 2009

Working Paper Series

John Geanakoplos

Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 987

27.

Does Prison Harden Inmates? A Discontinuity-based Approach

Cowles Foundation Discussion Paper No. 1450

Number of pages: 32 Posted: 19 Nov 2003

Working Paper Series

M. Keith Chen and Jesse M. Shapiro

University of California, Los Angeles (UCLA) - Anderson School of Management and University of Chicago

Downloads 954

28.

Bandit Problems

Cowles Foundation Discussion Paper No. 1551

Number of pages: 16 Posted: 19 Jan 2006

Working Paper Series

Dirk Bergemann and Juuso Valimaki

Yale University - Cowles Foundation - Department of Economics and Helsinki School of Economics

Downloads 923

29.

The Evolution of Our Preferences: Evidence from Capuchin Monkey Trading Behavior

Cowles Foundation Discussion Paper No. 1524

Number of pages: 27 Posted: 07 Jun 2005

Working Paper Series

M. Keith Chen, Venkat Lakshminarayanan and Laurie Santos

University of California, Los Angeles (UCLA) - Anderson School of Management, Yale University and Yale University - Department of Psychology

Downloads 921

30.

The Optimal Concentration of Creditors

EFA 2002 Berlin Meetings Presented Paper; Yale ICF Working Paper No. 00-65; Cowles Foundation Discussion Paper No. 1338

Number of pages: 33 Posted: 27 Nov 2001

Working Paper Series

Ivo Welch and Arturo Bris

University of California, Los Angeles (UCLA) and IMD International

There are 2 versions of this paper

Downloads 915

31.

Liquidity Black Holes

Cowles Foundation Discussion Paper No. 1434

Number of pages: 27 Posted: 19 Sep 2003

Working Paper Series

Stephen Morris and Hyun Song Shin

Princeton University - Department of Economics and Bank for International Settlements

Downloads 865

32.

The Basic Public Finance of Public-Private Partnerships

Cowles Foundation Discussion Paper No. 1618, Yale University Economic Growth Center Discussion Paper No. 957, Yale Economics Department Working Paper No. 35

Number of pages: 32 Posted: 17 Jul 2007 Last Revised: 02 Mar 2011

Working Paper Series

Eduardo M. R. A. Engel, Ronald D. Fischer and Alexander Galetovic

Yale University - Department of Economics, University of Chile - Center of Applied Economics (CEA) and Universidad de los Andes

There are 3 versions of this paper

Downloads 859

33.

Getting at Systemic Risk Via an Agent-Based Model of the Housing Market

Cowles Foundation Discussion Paper No. 1852

Number of pages: 14 Posted: 11 Mar 2012

Working Paper Series

John Geanakoplos, Robert L. Axtell, J. Doyne Farmer, Peter Howitt, Benjamin Conlee, Jonathan Goldstein, Matthew Hendrey, Nathan M. Palmer and Chun-Yi Yang

Yale University - Cowles Foundation, George Mason University - Department of Computational Social Science, Institute for New Economic Thinking, Brown University - Department of Economics, affiliation not provided to SSRN, affiliation not provided to SSRN, George Mason University - Department of Computational Social Science, George Mason University - Department of Computational Social Science and affiliation not provided to SSRN

Downloads 846

34.

International Finance in General Equilibrium

Yale Cowles Foundation Discussion Paper No. 1313

Number of pages: 51 Posted: 25 Aug 2001

Working Paper Series

John Geanakoplos and Dimitrios P. Tsomocos

Yale University - Cowles Foundation and University of Oxford - Said Business School and St. Edmund Hall

Downloads 817

35.

Changing Times, Changing Values: A Historical Analysis of Sectors within the US Stock Market 1872-2013

Cowles Foundation Discussion Paper No. 1950

Number of pages: 76 Posted: 11 Jun 2014 Last Revised: 18 Jun 2014

Working Paper Series

Oliver Bunn and Robert J. Shiller

Yale University - Department of Economics and Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 797

36.

The Social Cost of Monopoly Power

Yale ICF Working Paper No. 04-31; Cowles Foundation Discussion Paper No. 1466

Number of pages: 25 Posted: 30 Jul 2004

Working Paper Series

Donald Brown and G. A. Wood

Yale University - Cowles Foundation and G.A. Wood and Associates

Downloads 794

37.

Derivatives Markets for Home Prices

Cowles Foundation Discussion Paper No. 1648, Yale Economics Department Working Paper No. 46

Number of pages: 28 Posted: 28 Mar 2008 Last Revised: 29 Apr 2008

Working Paper Series

Robert J. Shiller

Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 778

38.

Estimation and Inference with Weak, Semi-Strong, and Strong Identification

Cowles Foundation Discussion Paper No. 1773

Number of pages: 174 Posted: 09 Oct 2010

Working Paper Series

Donald W. K. Andrews and Xu Cheng

Yale University - Cowles Foundation and University of Pennsylvania - Department of Economics

There are 2 versions of this paper

Downloads 752

39.

Semiparametric Cointegrating Rank Selection

Cowles Foundation Discussion Paper No. 1658

Number of pages: 24 Posted: 21 May 2008

Working Paper Series

Xu Cheng and Peter C. B. Phillips

University of Pennsylvania - Department of Economics and Yale University - Cowles Foundation

There are 2 versions of this paper

Downloads 751

40.

The Virtues and Vices of Equilibrium and the Future of Financial Economics

Cowles Foundation Discussion Paper No. 1647

Number of pages: 69 Posted: 24 Mar 2008

Working Paper Series

J. Doyne Farmer and John Geanakoplos

Institute for New Economic Thinking and Yale University - Cowles Foundation

Downloads 747

41.

Equality of Opportunity

Cowles Foundation Discussion Paper No. 1921

Number of pages: 112 Posted: 27 Oct 2013

Working Paper Series

John E. Roemer and Alain Trannoy

Yale University - Department of Political Science and National Center for Scientific Research (CNRS) - Ecole des Hautes Etudes en Sciences Sociales (EHESS)

Downloads 743

42.

Bonds or Loans? The Effect of Macroeconomic Fundamentals

Yale ICF Working Paper No. 03-02; Cowles Foundation Discussion Paper No. 1403

Number of pages: 54 Posted: 15 Apr 2003

Working Paper Series

Galina Hale

Federal Reserve Bank of San Francisco

There are 2 versions of this paper

Downloads 735

43.

Liquidity, Default and Crashes: Endogenous Contracts in General Equilibrium

Cowles Foundation Discussion Paper No. 1316

Number of pages: 36 Posted: 27 Sep 2001

Working Paper Series

John Geanakoplos

Yale University - Cowles Foundation

Downloads 718

44.

Fairness, Reciprocity, and Wage Rigidity

IZA Discussion Paper No. 1137; Cowles Foundation Discussion Paper No. 1383

Number of pages: 38 Posted: 20 May 2004

Working Paper Series

Truman Bewley

Yale University - Cowles Foundation

Downloads 672

45.

The Economic Consequences of a War with Iraq

Cowles Foundation Discussion Paper No. 1387

Number of pages: 51 Posted: 03 Dec 2002

Working Paper Series

William D. Nordhaus

Yale University - Department of Economics

Downloads 659

46.

Natural Concepts in Macroeconomics

Cowles Foundation Discussion Paper No. 1525; Yale ICF Working Paper No. 05-21

Number of pages: 42 Posted: 22 Jun 2005

Working Paper Series

Ray C. Fair

Yale University - Cowles Foundation

Downloads 650

47.

On Modeling the Effects of Inflation Shocks

Cowles Foundation Discussion Paper No. 1300

Number of pages: 28 Posted: 20 Jun 2001

Working Paper Series

Ray C. Fair

Yale University - Cowles Foundation

Downloads 644

48.

The Value of Benchmarking

Cowles Foundation Discussion Paper No. 1379

Number of pages: 33 Posted: 16 Sep 2002

Working Paper Series

Dirk Bergemann and Ulrich Hege

Yale University - Cowles Foundation - Department of Economics and Toulouse School of Economics

Downloads 643

49.

Bootstrapping Macroeconometric Models

Yale ICF Working Paper No. 00-69, Cowles Foundation Discussion Paper No. 1345

Number of pages: 31 Posted: 09 Jan 2002

Working Paper Series

Ray C. Fair

Yale University - Cowles Foundation

Downloads 625

50.

Dating the Timeline of Financial Bubbles During the Subprime Crisis

Cowles Foundation Discussion Paper No. 1770

Number of pages: 41 Posted: 14 Sep 2010

Working Paper Series

Peter C. B. Phillips and Jun Yu

Yale University - Cowles Foundation and Singapore Management University

Downloads 613

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