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Estimating Intergenerational and Assortative Processes in Extended Family Data

26 August 2022

M. Dolores Collado, Ignacio Ortuño-Ortín and Jan Stuhler

We quantify intergenerational and assortative processes by comparing different degrees of kinship within the same generation.

Estimation of Discrete Games with Weak Assumptions on Information

12 August 2022

Lorenzo Magnolfi and Camilla Roncoroni

We propose a method to estimate static discrete games with weak assumptions on the information available to players.

Data-intensive Innovation and the State: Evidence from AI Firms in China

5 August 2022

Martin Beraja, David Y. Yang and Noam Yuchtman

Developing AI technology requires data. In many domains, government data far exceeds in magnitude and scope data collected by the private sector, and AI firms often gain access to such data when providing services to the state.

Wealth Dynamics in Communities

5 August 2022

Daniel Barron, Yingni Guo and Bryony Reich

This paper develops a model to explore how favor exchange influences wealth dynamics. We identify a key obstacle to wealth accumulation: wealth crowds out favor exchange.

We are all behavioral, more or less: A taxonomy of consumer decision making

26 July 2022

Victor Stango and Jonathan Zinman

We examine how 17 behavioral biases relate to each other, to three standard measures of risk and time preferences, to cognitive skills, personality, and demographics, and to outcomes in household finance, well-being, and health.

Infrequent Random Portfolio Decisions in an Open Economy Model

26 July 2022

Philippe Bacchetta, Eric van Wincoop and Eric R. Young

We introduce a portfolio friction in a two-country DSGE model where investors face a constant probability to make new portfolio decisions.

Sentimental Business Cycles

22 July 2022

Andresa Lagerborg, Evi Pappa and Morten O. Ravn

We estimate the dynamic causal effects of consumer sentiment shocks in the US.

Reputation Building under Observational Learning

22 July 2022

Harry Pei

A patient seller interacts with a sequence of myopic consumers.

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"Can communities sustain cooperation when players can add or erase signals from their records?
Sufficiently long-lived players can hardly sustain any cooperation, but players w/ intermediate lifespans can sustain some cooperation."

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Recently accepted to #REStud, "Behavioral Causal Inference," from Ran Spiegler:

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The Review of Economic Studies

The Review was founded in 1933 by a group of Economists from leading UK and US departments. It is now managed by European-based economists.

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