Now showing items 1-10 of 215
Some causal lessons from macroeconomics
(Journal of Econometrics, 2003-01-01)
Some of the well-posed causal aspects from macroeconomics were discussed. The causal lessons were supported by the vector-autoregression (VAR) framework of macroeconomics which was analogous to the panel-data approach. The ...
Estimating equilibrium models of sorting across locations
(Economic Journal, 2007-03-01)
While there is growing interest in measuring the size and scope of local spillovers, it is well understood that such spillovers cannot be distinguished from unobservable local attributes using solely the observed location ...
An Equilibrium Model of Sorting in an Urban Housing Market
(NBER Working Paper, 2005)
The absence of the corporation in Islamic law: Origins and persistence
(American Journal of Comparative Law, 2005-09-01)
Classical Islamic law recognizes only natural persons; it does not grant standing to corporations. This article explores why Islamic law did not develop a concept akin to the corporation, or borrow one from another legal ...
Partial rank estimation of duration models with general forms of censoring
(Journal of Econometrics, 2007-01-01)
In this paper we propose estimators for the regression coefficients in censored duration models which are distribution free, impose no parametric specification on the baseline hazard function, and can accommodate general ...
Aid, policies, and growth: Reply
(American Economic Review, 2004-06-01)
Tiebout Sorting, Social Multipliers and the Demand for School Quality
(NBER Working Paper, 2009)
On the endogeneity of Cournot-Nash and Stackelberg equilibria: Games of accumulation
(Journal of Economic Theory, 2005-01-01)
We characterize equilibria of games with two properties: (i) Agents have the opportunity to adjust their strategic variable after their initial choices and before payoffs occur; but (ii) they can only add to their initial ...
Identity and schooling: Some lessons for the economics of education
(Journal of Economic Literature, 2002-12-01)
Making up history: A comment on Pratten
(Economic Affairs, 2004-09-01)
Stephen Pratten's critique of mathematical formalism in the discipline of economics does not provide an adequate definition of formalism and his use of the term bears little resemblance to common mathematical usage. Furthermore, ...