skip to content

Massachusetts Institute of Technology Department of Economics

Overview
Works: 1,177 works in 1,664 publications in 1 language and 2,534 library holdings
Genres: Periodicals 
Classifications: HB1, 330
Publication Timeline
Key
Publications about Massachusetts Institute of Technology
Publications by Massachusetts Institute of Technology
Most widely held works about Massachusetts Institute of Technology
 
moreShow More Titles
fewerShow Fewer Titles
Most widely held works by Massachusetts Institute of Technology
Working papers by Nationalekonomiska Institutionen (Uppsala)( serial )
in English and held by 13 libraries worldwide
Contribution from the Department of Economics by Massachusetts Institute of Technology( serial )
in English and held by 10 libraries worldwide
Formal and real authority in organizations by Philippe Aghion( Book )
4 editions published between 1994 and 1995 in English and held by 10 libraries worldwide
The slowdown of the economics publishing process by Glenn Ellison( Book )
3 editions published in 2000 in English and held by 10 libraries worldwide
Abstract: Over the last three decades there has been a dramatic increase in the length of time necessary to publish a paper in a top economics journal. This paper documents the slowdown and notes that a substantial part is due to an increasing tendency of journals to require that papers be extensively revised prior to acceptance. A variety of potential explanations for the slowdown are considered: simple cost and benefit arguments; a democratization of the publishing process; increases in the complexity of papers; the growth of the profession; and an evolution of preferences for different aspects of paper quality. Various time series are examined for evidence that the economics profession has changed along these dimensions. Paper-level data on review times is used to assess connections between underlying changes in the profession and changes in the review process. It is difficult to attribute much of the slowdown to observable changes in the economics profession. Evolving social norms may play a role
Social security investment in equities I : linear case by Peter A Diamond( Book )
2 editions published in 1999 in English and held by 9 libraries worldwide
Social Security trust fund portfolio diversification to include some equities reduces the equity premium by raising the safe real interest rate. This requires changes in taxes. Under the hypothesis of constant marginal returns to risky investments, trust fund diversification lowers the price of land, increases aggregate investment, and raises the sum of household utilities, suitably weighted. It makes workers who do not own equities on their own better off, though it may hurt some others since changed taxes and asset values redistribute wealth across contemporaneous households and across generations. In our companion paper we reconsider the effects of diversification when there are decreasing marginal returns to safe and risky investment. Our analysis uses a two-period overlapping generations general equilibrium model with two types of agents, savers and workers who do not save. The latter represent approximately half of all workers who hold no equities whatsoever
Characterizing properties of stochastic objective functions by Susan Athey( Book )
7 editions published between 1995 and 1998 in English and held by 9 libraries worldwide
This paper studies properties of stochastic objective functions, that is, objective functions which can be written as the expected value of a payoff function
Productivity and convergence across U.S. states and industries by Andrew B Bernard( Book )
5 editions published between 1993 and 1995 in English and held by 9 libraries worldwide
Necessary and sufficient conditions for the perfect finite horizon folk theorem by Lones A Smith( Book )
4 editions published between 1993 and 1994 in English and held by 8 libraries worldwide
Emerging market crises : an asset markets perspective by Ricardo J Caballero( Book )
4 editions published between 1998 and 1999 in English and held by 8 libraries worldwide
Annotation
Access pricing and competition by Jean-Jacques Laffont( Book )
4 editions published between 1994 and 1995 in English and held by 8 libraries worldwide
Comparative statics under uncertainty : single crossing properties and log supermodularity by Susan Athey( Book )
6 editions published between 1996 and 1998 in English and held by 8 libraries worldwide
This paper develops necessary and sufficient conditions for monotone comparative statics predictions in several classes of stochastic optimization problems
Identification and estimation of triangular simultaneous equations models without additivity by Guido Imbens( Book )
4 editions published in 1998 in English and held by 8 libraries worldwide
This paper investigates identification and inference in a nonparametric structural model with instrumental variables and non-additive errors. We allow for non-additive errors because the unobserved heterogeneity in marginal returns that often motivates concerns about endogeneity of choices requires objective functions that are non-additive in observed and unobserved components. We formulate several independence and monotonicity conditions that are sufficient for identification of a number of objects of interest, including the average conditional response, the average structural function, as well as the full structural response function. For inference we propose a two-step series estimator. The first step consists of estimating the conditional distribution of the endogenous regressor given the instrument. In the second step the estimated conditional distribution function is used as a regressor in a nonlinear control function approach. We establish rates of convergence, asymptotic normality, and give a consistent asymptotic variance estimator
Misclassification of a dependent variable in a discrete response setting by Jerry A Hausman( Book )
2 editions published in 1994 in English and held by 7 libraries worldwide
Optimal income taxation : an example with a U-shaped pattern of optimal marginal tax rates by Peter A Diamond( Book )
2 editions published in 1994 in English and held by 7 libraries worldwide
Exporters, skill upgrading, and the wage gap by Andrew B Bernard( Book )
2 editions published in 1994 in English and held by 7 libraries worldwide
Improper churn : social costs and macroeconomic consequences by Ricardo J Caballero( Book )
2 editions published in 1998 in English and held by 7 libraries worldwide
This paper assembles elements that are essential in forming an integral picture of the way a churning' economy functions and of the disruptions caused by transactional difficulties in labor and financial markets. We couch our analysis in a stochastic equilibrium model anchored with US evidence on gross factor flows and on rents in worker and firm income. We develop a social accounting framework to measure the costs of transactional impediments. We calculate the average social loss associated with structural unemployment and low productivity -- due to technological sclerosis' and a scrambling' of productivity rankings in entry and exit decisions. We also estimate the loss from a recession. An additional forty percent to the traditional unemployment cost is due to reduced productivity and is determined by the recession's cumulative effect on the economy's churn rate. Although a recessionary shock increases the economy's turbulence' at impact, semi-structural VAR evidence from US manufacturing indicates that, cumulatively, it results in a chill' -- which is costly in an economy that suffers from sclerosis
The risk premium hypothesis and two-part tariff contract design : some empirical evidence by Darlene C Chisholm( Book )
2 editions published in 1994 in English and held by 7 libraries worldwide
Pathological outcomes of observational learning by Lones Smith( Book )
5 editions published between 1994 and 1996 in English and held by 7 libraries worldwide
Education, income distribution, and growth : the local connection by Roland Benabou( Book )
2 editions published in 1994 in English and held by 7 libraries worldwide
This paper develops a simple model of human capital accumulation and community formation by heterogeneous families, which provides an integrated framework for analyzing the local determinants of inequality and growth. Five main conclusions emerge. First, minor differences in education technologies, preferences, or wealth can lead to a high degree of stratification. Imperfect capital markets are not necessary, but will compound these other sources. Second, stratification makes inequality in education and income more persistent across generations. Whether or not the same is true of inequality in total wealth depends on the ability of the rich to appropriate the rents created by their secession. Third, the polarization of urban areas resulting from individual residential decisions can be quite inefficient, both from the point of view of aggregate growth and in the Pareto sense, especially in the long run. Fourth, when state-wide equalization of school expenditures is insufficient to reduce stratification, it may improve educational achievement in poor communities much less than it lowers it in richer communities; thus average academic performance and income growth both fall. Yet it may still be possible for education policy to improve both equity and efficiency. Fifth, because of the cumulative nature of the stratification process, it is likely to be much harder to reverse once it has run its course than to arrest it at an early stage
Hysteresis in unemployment by Olivier Blanchard( Book )
4 editions published between 1985 and 1986 in English and held by 6 libraries worldwide
The recent European experience of high persistent unemployment has led to the development of theories of unemployment hysteresis embodying the idea that the equilibrium unemployment rate depends on the history of the actual unemployment rate. This paper summarizes two directions of research on hysteresis that appear especially promising. Membership theories are based on the distinction between insiders and outsiders and explore the idea that wage setting is largely determined by firms' incumbent workers rather than by the unemployed. Duration theories explore the idea that the long term unemployed exert much less downwards pressure on wages than do the short term unemployed
 
moreShow More Titles
fewerShow Fewer Titles
Alternative Names

controlled identity Massachusetts Institute of Technology. Department of Economics and Social Science

controlled identity Massachusetts Institute of Technology. School of Humanities and Social Science

Department of Economics
Massachusetts Institute of Technology Department of Economics
Massachusetts Institute of Technology. Dept. of Economics
Massachusetts Institute of Technology. School of Humanities and Social Science. Department of Economics
Languages
English (79)
Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.