HIER 2004 Discussion Papers

2029. Alberto Alesina and Roberto Perotti
The European Union: A Politically Incorrect View
Abstract | Paper­

2030. Edward L. Glaeser, Eric A. Hanushek and John M. Quigley
Opportunities, Race, and Urban Location: The Influence of John Kain
Abstract | Paper

2031. Jung-Wook Kim, Jason Lee and Randall Morck
Heterogeneous Investors and their Changing Demand and Supply Schedules for Individual Common Stocks
Abstract | Paper

2032. Oliver Hart and John Moore
Agreeing Now to Agree Later: Contracts that Rule Out but do not Rule In
Abstract | Paper

2033. Drew Fudenberg, Markus M. Mobius and Adam Szeidl
Existence of Equilibrium in Large Double Auctions
Abstract | Paper

2034. Drew Fudenberg and David K. Levine
Steady State Learning and the Code of Hammurabi
Abstract | Paper

2035. Jeffrey Ely, Drew Fudenberg and David K. Levine
When is Reputation Bad?
Abstract | Paper

2036. Ariel Pakes, Michael Ostrovsky, and Steve Berry
Simple Estimators for the Parameters of Discrete Dynamic Games (with Entry/Exit Examples)
Abstract | Paper

2037. Randall Morck
Behavioral Finance in Corporate Governance-Independent Directors and Non-Executive Chairs
Abstract | Paper

2038. Timothy J. Hatton and Jeffrey G. Williamson
Internataional Migration in the Long-Run: Positive Selection, Negative Selection and Policy
Abstract | Paper

2039. David Clingingsmith and Jeffrey G. Williamson
India's De-Industrialization Under British Rule: New Ideas, New Evidence
Abstract | Paper

2040. Christopher Blattman, Jason Hwang and Jeffrey G. Williamson
The Impact of the Terms of Trade on Economic Development in the Periphery, 1870-1939: Volatility and Secular Change
Abstract | Paper

2041. Chaim Fershtman and Ariel Pakes
Finite State Dynamic Games with Asymmegtric Information: A Computational Framework
Abstract | Paper

2042. James L. Medoff and Ronald W. Sellers
Labor's Capital, Business Confidence, And the Market for Loanable Funds
Abstract | Paper

2043. Edward L. Glaeser and Raven Saks
Corruption in America
Abstract | Paper

2044. Edward L. Glaeser, Giacomo A. M. Ponzetto and Jesse M. Shapiro
Strategic Extremism: Why Republicans and Democrats Divide on Religious Values
Abstract | Paper

2045. John Y. Campbell and Joao F. Cocco
How Do House Prices Affect Consumption? Evidence From Micro Data
Abstract | Paper

2046. John Y. Campbell, Tarun Ramadorai and Tuomo O. Vuolteenaho
Caught on Tape: Predicting Institutional Ownership With Order Flow
Abstract | Paper

2047. Michael Jansson and Marcelo J. Moreira
Optimal Inference in Regression Models with Nearly Integrated Regressors
Abstract | Paper

2048. Marcelo J. Moreira, Jack R. Porter and Gustavo A. Suarez
Bootstrap and Higher-Order Expansion Validity When Instruments May Be Weak
Abstract | Paper

2049. Drew Fudenberg and David K. Levine
A Dual Self Model of Impulse Control
Abstract | Paper

2050. Drew Fudenberg and Lorens A. Imhof
Imitation Processes with Small Mutations
Abstract | Paper

2051. Drew Fudenberg, David K. Levine, and Satoru Takahashi
Perfect Public Equilibrium When Players Are Patient
Abstract | Paper

2052. Kaushik Basu
Child labor and the Law: Notes on Possible Pathologies
Abstract | Paper

2053. Kaushik Basu
Consumer Cognition and Pricing in the 9's in Oligopolistic Markets
Abstract | Paper

2054. Kaushik Basu
Gender and Say A Model of Household Behavior with Endogenously-determined Balance of Power
Abstract | Paper

2055. Julie Holland Mortimer
Price Discrimination and Copyright Law: Evidence from the Introduction of DVDs
Abstract | Paper