Andrew Caplin

New York University (NYU) - Department of Economics

269 Mercer Street

New York, NY 10003

United States

http://www.econ.nyu.edu/user/caplina/

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

SCHOLARLY PAPERS

48

DOWNLOADS
Rank 9,942

SSRN RANKINGS

Top 9,942

in Total Papers Downloads

8,296

SSRN CITATIONS
Rank 1,329

SSRN RANKINGS

Top 1,329

in Total Papers Citations

500

CROSSREF CITATIONS

644

Scholarly Papers (48)

1.

Home Equity Insurance: A Pilot Project

Number of pages: 33 Posted: 28 May 2003
Yale School of Management - International Center for Finance, New York University (NYU) - Department of Economics, Neighborhood Reinvestment Corporation, Yale University - Yale School of Management, Neighborhood Reinvestment Corporation, University of Chicago - Law School, Yale University - Yale School of Management, International Center for Finance and Real Liquidity
Downloads 2,255 (11,632)

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2.

Machine Learning and the Spatial Structure of House Prices and Housing Returns

Number of pages: 41 Posted: 15 Dec 2008
New York University (NYU) - Department of Economics, affiliation not provided to SSRN, New York University (NYU) - Department of Economics, New York University & Facebook AI Research and New York University
Downloads 2,231 (11,869)
Citation 12

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House price index, sub prime crisis

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Public Care Aversion from Bequest Motives

Journal of Finance, Forthcoming
Number of pages: 50 Posted: 27 Apr 2007 Last Revised: 08 Jun 2010
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, Board of Governors of the Federal Reserve System and Columbia University Graduate School of Business
Downloads 438 (113,629)
Citation 53

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public care aversion, annuity puzzle, bequest, long-term care, survey methodology, household finance

The Joy of Giving or Assisted Living? Using Strategic Surveys to Separate Bequest and Precautionary Motives

NBER Working Paper No. w13105
Number of pages: 58 Posted: 27 Jun 2007 Last Revised: 24 Apr 2022
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, Board of Governors of the Federal Reserve System and Columbia University Graduate School of Business
Downloads 45 (701,688)
Citation 3

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4.

Shared Equity Mortgages, Housing Affordability, and Homeownership

Fannie Mae Foundation Special Report, 2007
Number of pages: 32 Posted: 28 Apr 2007
New York University (NYU) - Department of Economics, Federal National Mortgage Association (Fannie Mae), Morgan Stanley, Federal National Mortgage Association (Fannie Mae), Federal National Mortgage Association (Fannie Mae) and New York University
Downloads 424 (119,263)
Citation 1

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Housing Affordability, Mortgages

5.

Dopamine and Reward Prediction Error: An Axiomatic Approach to Neuroeconomics

Number of pages: 41 Posted: 29 Apr 2007
Andrew Caplin, Mark Dean and Mark Dean
New York University (NYU) - Department of Economics and Brown University - Department of EconomicsNew York University (NYU) - Department of Economics
Downloads 394 (129,814)
Citation 3

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neuroeconomics, decision theory, learning

6.

Rectifying the Tax Treatment of Shared Appreciation Mortgages

Cardozo Legal Studies Research Paper No. 243, Tax Law Review, Forthcoming
Number of pages: 28 Posted: 15 Sep 2008
New York University (NYU) - Department of Economics, New York University Law School and Yeshiva University - Benjamin N. Cardozo School of Law
Downloads 316 (165,023)

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shared appreciation mortgage, sam, contingent interest, mortgage crisis, debt

7.
Downloads 241 (217,235)
Citation 2

Framing, Information, and Welfare

Number of pages: 44 Posted: 03 Mar 2018 Last Revised: 12 Jun 2020
Andrew Caplin and Daniel Martin
Downloads 236 (220,943)
Citation 2

Abstract:

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Framing effects, behavioral welfare economics, revealed preferences, incomplete information

Framing, Information, and Welfare

NBER Working Paper No. w27265
Number of pages: 45 Posted: 02 Jun 2020 Last Revised: 02 Jul 2023
Andrew Caplin and Daniel Martin
Downloads 5 (1,058,789)

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8.

Wealth Accumulation and the Propensity to Plan

NBER Working Paper No. w8920
Number of pages: 35 Posted: 03 May 2002 Last Revised: 17 Nov 2022
John Ameriks, Andrew Caplin and John V. Leahy
The Vanguard Group, Inc., New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 128 (375,614)
Citation 16

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9.

Measuring Self-Control

NBER Working Paper No. w10514
Number of pages: 38 Posted: 03 Jun 2004 Last Revised: 25 Sep 2022
John Ameriks, Andrew Caplin, John V. Leahy and Tom Tyler
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, New York University (NYU) - Department of Economics and Yale University - Law School
Downloads 115 (406,584)
Citation 19

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10.

Rationally Inattentive Behavior: Characterizing and Generalizing Shannon Entropy

NBER Working Paper No. w23652
Number of pages: 46 Posted: 11 Aug 2017 Last Revised: 16 Feb 2023
Andrew Caplin, Mark Dean and John Leahy
New York University (NYU) - Department of Economics, Columbia University and University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy
Downloads 96 (461,552)
Citation 3

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11.

Menu Costs and the Neutrality of Money

NBER Working Paper No. w2311
Number of pages: 32 Posted: 23 Aug 2000 Last Revised: 27 Oct 2022
Andrew Caplin and Daniel F. Spulber
New York University (NYU) - Department of Economics and Northwestern University - Kellogg School of Management
Downloads 87 (491,126)
Citation 24

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12.

Behavioral Implications of Rational Inattention with Shannon Entropy

NBER Working Paper No. w19318
Number of pages: 53 Posted: 10 Aug 2013 Last Revised: 15 Apr 2023
Andrew Caplin, Mark Dean and Mark Dean
New York University (NYU) - Department of Economics and Brown University - Department of EconomicsNew York University (NYU) - Department of Economics
Downloads 86 (494,603)
Citation 6

Abstract:

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13.

The Absent-Minded Consumer

NBER Working Paper No. w10216
Number of pages: 35 Posted: 20 Jan 2004 Last Revised: 02 Dec 2022
John Ameriks, Andrew Caplin and John V. Leahy
The Vanguard Group, Inc., New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 86 (494,603)
Citation 2

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14.

Long-Term-Care Utility and Late-in-Life Saving

NBER Working Paper No. w20973
Number of pages: 55 Posted: 03 Mar 2015 Last Revised: 23 Apr 2023
The Vanguard Group, Inc., Board of Governors of the Federal Reserve System, New York University (NYU) - Department of Economics, University of Michigan at Ann Arbor - Department of Economics and New York University (NYU)
Downloads 82 (508,956)
Citation 11

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15.
Downloads 82 (508,956)
Citation 8

The Social Discount Rate

NBER Working Paper No. w7983
Number of pages: 31 Posted: 21 Oct 2000 Last Revised: 26 Oct 2022
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 82 (514,256)
Citation 8

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The Social Discount Rate

Posted: 02 Nov 2004
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics

Abstract:

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16.

Wishful Thinking

NBER Working Paper No. w25707
Number of pages: 49 Posted: 01 Apr 2019 Last Revised: 30 Mar 2023
Andrew Caplin and John Leahy
New York University (NYU) - Department of Economics and University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy
Downloads 76 (536,282)
Citation 3

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17.

Retirement Consumption: Insights from a Survey

NBER Working Paper No. w8735
Number of pages: 36 Posted: 24 Jan 2002 Last Revised: 14 Nov 2022
John Ameriks, Andrew Caplin and John V. Leahy
The Vanguard Group, Inc., New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 75 (536,282)
Citation 3

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18.

Shocks and Transitions from Career Jobs to Bridge Jobs and Retirement: A New Approach

Michigan Retirement Research Center Research Paper No. 2018-380, Stanford University Graduate School of Business Research Paper No. 18-39
Number of pages: 33 Posted: 01 Sep 2018
The Vanguard Group, Inc., Board of Governors of the Federal Reserve System, New York University (NYU) - Department of Economics, University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor - Department of Economics and Stanford Graduate School of Business
Downloads 73 (544,517)
Citation 1

Abstract:

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older workers, retirement transitions

19.

The Wealth of Wealthholders

NBER Working Paper No. w20972
Number of pages: 84 Posted: 03 Mar 2015 Last Revised: 22 Apr 2023
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor - Department of Economics and New York University (NYU)
Downloads 65 (579,327)
Citation 1

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20.

Revealed Preference, Rational Inattention, and Costly Information Acquisition

NBER Working Paper No. w19876
Number of pages: 62 Posted: 01 Feb 2014 Last Revised: 24 Apr 2022
Andrew Caplin, Mark Dean and Mark Dean
New York University (NYU) - Department of Economics and Brown University - Department of EconomicsNew York University (NYU) - Department of Economics
Downloads 65 (579,327)
Citation 111

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21.

Durable Goods Cycles

NBER Working Paper No. w6987
Number of pages: 28 Posted: 29 Jun 1999 Last Revised: 06 Aug 2022
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 60 (602,836)

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22.
Downloads 57 (618,189)

Communicating Social Security Reform

Univ. of Copenhagen Dept. of Economics Discussion Paper, CEBI Working Paper 19/22
Number of pages: 39 Posted: 04 Oct 2022 Last Revised: 15 Nov 2022
New York University (NYU) - Department of Economics, New York University (NYU) - Department of Economics, University of Copenhagen - Department of Economics and University of Copenhagen
Downloads 56 (634,931)

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social security, belief updating, information treatment, policy uncertainty

Communicating Social Security Reform

NBER Working Paper No. w30645
Number of pages: 39 Posted: 14 Nov 2022 Last Revised: 21 Nov 2022
New York University (NYU) - Department of Economics, New York University (NYU) - Department of Economics, University of Copenhagen - Department of Economics and University of Copenhagen
Downloads 1 (1,090,175)
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23.

Reassessing FHA Risk

NBER Working Paper No. w15802
Number of pages: 28 Posted: 08 Mar 2010 Last Revised: 06 Mar 2023
affiliation not provided to SSRN, New York University (NYU) - Department of Economics, New York University (NYU), New York University (NYU) - Department of Economics, New York University & Facebook AI Research, New York University (NYU) and National Bureau of Economic Research (NBER)
Downloads 55 (628,556)
Citation 1

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24.

The Long-Term-Care Insurance Puzzle: Modeling and Measurement

NBER Working Paper No. w22726
Number of pages: 61 Posted: 11 Oct 2016 Last Revised: 05 Feb 2023
The Vanguard Group, Inc., Board of Governors of the Federal Reserve System, New York University (NYU) - Department of Economics, University of Michigan at Ann Arbor - Department of Economics and New York University (NYU)
Downloads 54 (633,935)
Citation 4

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25.

Trading Frictions and House Price Dynamics

NBER Working Paper No. w14605
Number of pages: 29 Posted: 29 Dec 2008 Last Revised: 28 Nov 2022
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 54 (633,935)
Citation 11

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26.

A Testable Theory of Imperfect Perception

NBER Working Paper No. w17163
Number of pages: 38 Posted: 25 Jun 2011 Last Revised: 26 May 2023
Andrew Caplin and Daniel Martin
New York University (NYU) - Department of Economics and affiliation not provided to SSRN
Downloads 50 (656,132)
Citation 11

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27.

A Graph Theoretic Approach to Markets for Indivisible Goods

NBER Working Paper No. w16284
Number of pages: 32 Posted: 24 Aug 2010 Last Revised: 01 Jul 2023
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 49 (661,773)

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28.

The Economics of Adjustment

NBER Working Paper No. w4687
Number of pages: 17 Posted: 26 Jun 2000 Last Revised: 24 Apr 2022
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 48 (667,613)

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29.

Defaults and Attention: The Drop Out Effect

NBER Working Paper No. w17988
Number of pages: 35 Posted: 13 Apr 2012 Last Revised: 25 Feb 2023
Andrew Caplin and Daniel Martin
Downloads 45 (685,904)
Citation 2

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30.

Collateral Damage: How Refinancing Constraints Exacerbate Regional Recessions

NBER Working Paper No. w4531
Number of pages: 38 Posted: 29 Dec 2006 Last Revised: 20 Nov 2022
Andrew Caplin, Charles Freeman and Joseph S. Tracy
New York University (NYU) - Department of Economics, Leonard N. Stern School of Business - Department of Economics and National Bureau of Economic Research (NBER)
Downloads 40 (718,509)
Citation 2

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31.

Cognitive Decline, Limited Awareness, Imperfect Agency, and Financial Well-Being

NBER Working Paper No. w29634
Number of pages: 43 Posted: 10 Jan 2022 Last Revised: 22 Jun 2023
The Vanguard Group, Inc., New York University (NYU) - Department of Economics, Carleton University, University of Michigan at Ann Arbor - Department of Economics and Stanford University
Downloads 39 (725,251)

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32.

Older Americans Would Work Longer If Jobs Were Flexible

NBER Working Paper No. w24008
Number of pages: 62 Posted: 13 Nov 2017 Last Revised: 06 Feb 2022
The Vanguard Group, Inc., Board of Governors of the Federal Reserve System, New York University (NYU) - Department of Economics, University of Michigan at Ann Arbor - Department of Economics, University of Michigan at Ann Arbor - Department of Economics and Stanford Graduate School of Business
Downloads 38 (732,297)
Citation 12

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33.

Is the FHA Creating Sustainable Homeownership?

NBER Working Paper No. w18190
Number of pages: 40 Posted: 12 Jul 2012 Last Revised: 16 Mar 2023
Andrew Caplin, Anna Cororaton and Joseph S. Tracy
New York University (NYU) - Department of Economics, United States Energy Information Administration and National Bureau of Economic Research (NBER)
Downloads 33 (768,696)

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34.

Comparative Statics in Markets for Indivisible Goods

NBER Working Paper No. w16285
Number of pages: 39 Posted: 24 Aug 2010 Last Revised: 02 Jul 2023
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 32 (776,450)

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35.

Social Learning and Selective Attention

NBER Working Paper No. w21001
Number of pages: 32 Posted: 09 Mar 2015 Last Revised: 21 May 2023
Andrew Caplin, John V. Leahy and Filip Matějka
New York University (NYU) - Department of Economics, New York University (NYU) - Department of Economics and Charles University in Prague - CERGE-EI, a joint workplace of Charles University and the Economics Institute of the Czech Academy of Sciences
Downloads 29 (800,274)

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36.
Downloads 28 (808,297)
Citation 3

Mass Layoffs and Unemployment

NBER Working Paper No. w4766
Number of pages: 28 Posted: 26 Jul 2010
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 28 (832,422)

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Mass Layoffs and Unemployment

Journal of Monetary Economics, Vol. 46, Issue 1, August 2000
Posted: 31 Aug 2001
Andrew Caplin and John V. Leahy
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics

Abstract:

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Search, Natural rate of unemployment, Information externality

37.
Downloads 25 (833,660)

Subjective Earnings Risk

Univ. of Copenhagen Dept. of Economics Discussion 2023, CEBI Discussion Paper 01/23
Number of pages: 86 Posted: 14 Mar 2023 Last Revised: 30 Aug 2023
New York University (NYU) - Department of Economics, New York University (NYU) - New York University, New York University (NYU) - Department of Economics, University of Copenhagen - Department of Economics and University of Copenhagen
Downloads 17 (939,028)

Abstract:

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earnings risk, job transitions, subjective expectations

Subjective Earnings Risk

NBER Working Paper No. w31019
Number of pages: 46 Posted: 13 Mar 2023 Last Revised: 08 Jul 2023
New York University (NYU) - Department of Economics, New York University (NYU) - New York University, New York University (NYU) - Department of Economics, University of Copenhagen - Department of Economics and University of Copenhagen
Downloads 8 (1,032,514)
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How Worker Productivity and Wages Grow with Tenure and Experience: The Firm Perspective

Univ. of Copenhagen Dept. of Economics Discussion Paper No. 11/22
Number of pages: 54 Posted: 19 Sep 2022
New York University (NYU) - Department of Economics, Carleton University, University of Copenhagen - Department of Economics, University of Copenhagen and University of Michigan at Ann Arbor - Department of Economics
Downloads 16 (949,482)

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Productivity, Wages, Tenure, Experience, Firm survey

How Worker Productivity and Wages Grow with Tenure and Experience: The Firm Perspective

NBER Working Paper No. w30342
Number of pages: 56 Posted: 15 Aug 2022 Last Revised: 20 Aug 2022
New York University (NYU) - Department of Economics, Carleton University, University of Copenhagen - Department of Economics, University of Copenhagen and University of Michigan at Ann Arbor - Department of Economics
Downloads 9 (1,022,969)
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39.
Downloads 21 (888,740)

Allocative Skill

HKS Working Paper No. RWP23-028
Number of pages: 57 Posted: 10 Oct 2023
New York University (NYU) - Department of Economics, Academic Dean, Harvard University - Harvard Kennedy School (HKS), University of Copenhagen - Department of Economics and Harvard University
Downloads 13 (1,002,949)

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Allocative Skill

NBER Working Paper No. w31674
Number of pages: 57 Posted: 11 Sep 2023
New York University (NYU) - Department of Economics, Academic Dean, Harvard University - Harvard Kennedy School (HKS), University of Copenhagen - Department of Economics and Harvard University
Downloads 8 (1,032,514)
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40.

Rational Inattention, Competitive Supply, and Psychometrics

NBER Working Paper No. w25224
Number of pages: 67 Posted: 05 Nov 2018 Last Revised: 04 Jun 2023
Andrew Caplin, Dániel Csaba, John Leahy and Oded Nov
New York University (NYU) - Department of Economics, New York University (NYU), University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy and NYU Tandon School of Engineering
Downloads 17 (908,343)
Citation 7

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41.

Modeling Machine Learning

NBER Working Paper No. w30600
Number of pages: 27 Posted: 31 Oct 2022 Last Revised: 14 Apr 2023
Andrew Caplin, Daniel Martin and Philip Marx
New York University (NYU) - Department of Economics, Northwestern University - Department of Managerial Economics and Decision Sciences (MEDS) and Louisiana State University
Downloads 15 (928,032)
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42.

Economic Data Engineering

NBER Working Paper No. w29378
Number of pages: 74 Posted: 18 Oct 2021 Last Revised: 10 Apr 2022
Andrew Caplin
New York University (NYU) - Department of Economics
Downloads 12 (958,045)

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43.

Rationalizable Learning

NBER Working Paper No. w30873
Number of pages: 47 Posted: 23 Jan 2023 Last Revised: 11 May 2023
Andrew Caplin, Daniel Martin and Philip Marx
New York University (NYU) - Department of Economics, Northwestern University - Department of Managerial Economics and Decision Sciences (MEDS) and Louisiana State University
Downloads 6 (1,011,341)
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44.

Inattention and Inequity in School Matching

NBER Working Paper No. w29586
Number of pages: 58 Posted: 20 Dec 2021 Last Revised: 25 Dec 2021
Stefan Bucher and Andrew Caplin
New York University (NYU) - Department of Economics and New York University (NYU) - Department of Economics
Downloads 4 (1,025,588)
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45.

Missing Participants, Missing Markets, and the Social Discount Rate: Borrowing Constraints, Intergenerational Transfers, Altruism, and the Desire for Legacy

Annual Review of Financial Economics, Vol. 15, pp. 165-184, 2023
Posted: 07 Nov 2023
Andrew Caplin and John Leahy
New York University (NYU) - Department of Economics and University of Michigan at Ann Arbor - Gerald R. Ford School of Public Policy

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46.

Measuring and Modeling Attention

Annual Review of Economics, Vol. 8, pp. 379-403, 2016
Posted: 18 Nov 2016
Andrew Caplin
New York University (NYU) - Department of Economics

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47.

Aids Policy and Psychology: A Mechanism-Design Approach

Posted: 30 Nov 2003
Andrew Caplin and Kfir Eliaz
New York University (NYU) - Department of Economics and Brown University

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48.

Collateral Damage: Refinancing Constraints and Regional Recessions

Journal of Money, Credit and Banking, Vol. 29, No. 4, Part 1, November 1997
Posted: 18 Jul 1997
Andrew Caplin, Charles Freeman and Joseph S. Tracy
New York University (NYU) - Department of Economics, Leonard N. Stern School of Business - Department of Economics and National Bureau of Economic Research (NBER)

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