Discussion Papers

CFDP 1725 Itzhak Gilboa, Larry Samuelson, "Subjectivity in Inductive Inference," (August 2009) [48pp, Abstract]
CFDP 1724 Vadim Marmer, Taisuke Otsu, "Optimal Comparison of Misspecified Moment Restriction Models under a Chosen Measure of Fit," (August 2009, Revised July 2011) [35pp, Abstract]
CFDP 1723 Eduardo Engel, Ronald Fischer, Alexander Galetovic, "Soft Budgets and Renegotiations in Public-Private Partnerships," (August 2009) [34pp, Abstract]
CFDP 1722 Yuichi Kitamura, Andres Santos, Azeem M. Shaikh, "On the Asymptotic Optimality of Empirical Likelihood for Testing Moment Restrictions," (August 2009) [31pp, Abstract]
CFDP 1721 Eric Gautier, Yuichi Kitamura, "Nonparametric Estimation in Random Coefficients Binary Choice Models," (August 2009) [50pp, Abstract] [See CFP 1378]
CFDP 1720 Yuichi Kitamura, Taisuke Otsu, Kirill Evdokomov, "Robustness, Infinitesimal Neighborhoods, and Moment Restrictions," (August 2009) [39pp, Abstract] [See CFP 1382]
CFDP 1719 J. Doyne Farmer, John Geanakoplos, "Hyperbolic Discounting Is Rational: Valuing the Far Future with Uncertain Discount Rates," (August 2009) [17pp, Abstract]
CFDP 1718 Steven T. Berry, Philip A. Haile, "Nonparametric Identification of Multinomial Choice Demand Models with Heterogeneous Consumers," (August 2009, Revised March 2010) [42pp, Abstract]
CFDP 1717 Mark Kamstra, Robert J. Shiller, "The Case for Trills: Giving the People and Their Pension Funds a Stake in the Wealth of the Nation," (August 2009) [30pp, Abstract]
CFDP 1716 William D. Nordhaus, "Alternative Policies and Sea-Level Rise in the RICE-2009 Model," (July 2009) [28pp, Abstract]
CFDP 1715R John Geanakoplos, "The Leverage Cycle," (July 2009, Revised January 2010) [57pp, Abstract] [See CFP 1304]
CFDP 1715 John Geanakoplos, "The Leverage Cycle," (July 2009) [54pp, Abstract]
CFDP 1714 Gordon J. Anderson, Oliver B. Linton, Yoon-Jae Whang, "Nonparametric Estimation of a Polarization Measure," (July 2009) [48pp, Abstract]
CFDP 1713 Oliver B. Linton, Kyungchul Song, Yoon-Jae Whang, "An Improved Bootstrap Test of Stochastic Dominance," (July 2009) [43pp, Abstract]
CFDP 1712 Cheng-Zhong Qin, Martin Shubik, "Selecting a Unique Competitive Equilibrium with Default Penalties," (July 2009) [20pp, Abstract]
CFDP 1711 John Geanakoplos, Stephen P. Zeldes, "Market Valuation of Accrued Social Security Benefits," (July 2009) [31pp, Abstract]
CFDP 1710 Pradeep Dubey, John Geanakoplos, "Grading Exams: 100, 99, 98,...or A, B, C?," (July 2009) [37pp, Abstract] [See CFP 1302]
CFDP 1709 John Geanakoplos, Pradeep Dubey, "Credit Cards and Inflation," (July 2009) [50pp, Abstract] [See CFP 1330]
CFDP 1708 John Geanakoplos, Ioannis Karatzas, Martin Shubik, William D. Sudderth, "Inflationary Equilibrium in a Stochastic Economy with Independent Agents," (June 2009) [30pp, Abstract] [See CFP 1420]
CFDP 1707 William D. Nordhaus, John R. Oneal, Bruce Russett, "The Effects of the Security Environment on Military Expenditures: Pooled Analyses of 165 Countries, 1950-2000," (June 2009, Revised October 2009) [34pp, Abstract]
CFDP 1706 Ray C. Fair, "Analyzing Macroeconomic Forecastability," (June 2009, Updated April 2010) [20pp, Abstract]
CFDP 1705 William D. Nordhaus, "Measurement of Income with Time Use with Applications to Hedonic Indicators of Happiness and Misery," (June 2009) [24pp, Abstract]
CFDP 1704 Peter C. B. Phillips, Liangjun Su, "A Paradox of Inconsistent Parametric and Consistent Nonparametric Regression," (June 2009) [31pp, Abstract]
CFDP 1703 Jin Seo Cho, Chirok Han, Peter C. B. Phillips, "LAD Asymptotics under Conditional Heteroskedasticity with Possibly Infinite Error Densities," (June 2009) [10pp, Abstract]
CFDP 1702 Peter C. B. Phillips, Liangjun Su, "Nonparametric Structural Estimation via Continuous Location Shifts in an Endogenous Regressor," (June 2009) [42pp, Abstract] [See CFP 1346]
CFDP 1701 Chirok Han, Jin Seo Cho, Peter C. B. Phillips, "Infinite Density at the Median and the Typical Shape of Stock Return Distributions," (June 2009) [32pp, Abstract] [See CFP 1338]
CFDP 1700 Ioannis Kasparis, Peter C. B. Phillips, "Dynamic Misspecification in Nonparametric Cointegrating Regression," (June 2009) [32pp, Abstract] [See CFP 1374]
CFDP 1699 Peter C. B. Phillips, Yangru Wu, Jun Yu, "Explosive Behavior in the 1990s Nasdaq: When Did Exuberance Escalate Asset Values?," (June 2009) [36pp, Abstract]
CFDP 1698 David A. Miller, Kareen Rozen, "Monitoring with Collective Memory: Forgiveness for Optimally Empty Promises," (June 2009, Revised April 2010) [44pp, Abstract]
CFDP 1697R Dirk Bergemann, Stephen Morris, Olivier Tercieux, "Rationalizable Implementation," (May 2009, Revised January 2010) [29pp, Abstract] [See CFP 1328]
CFDP 1697 Dirk Bergemann, Stephen Morris, "Rationalizable Implementation," (May 2009) [21pp, Abstract]
CFDP 1696 John Y. Campbell, Robert J. Shiller, Luis M. Viceira, "Understanding Inflation-Indexed Bond Markets," (March 2009) [47pp, Abstract]
CFDP 1695 Alessandro Bonatti, Johannes Hörner, "Collaborating," (April 2009, Revised November 2009) [102pp, Abstract]
CFDP 1694 Xiaohong Chen, Lars P. Hansen, José Scheinkman, "Principal Components and Long Run Implications of Multivariate Diffusions," (April 2009) [51pp, Abstract]
CFDP 1693 John E. Roemer, "The Ethics of Distribution in a Warming Planet," (April 2009) [47pp, Abstract] [See CFP 1321]
CFDP 1692 Humberto Llavador, John E. Roemer, Joaquim Silvestre, "Intergenerational Justice when Future Worlds Are Uncertain," (April 2009) [40pp, Abstract]
CFDP 1691 Xiaohong Chen, Wei Biao Wu, Yanping Yi, "Efficient Estimation of Copula-based Semiparametric Markov Models," (January 2009, Updated March 2009) [55pp, Abstract] [See CFP 1284]
CFDP 1690 Liudas Giraitis, Peter C. B. Phillips, "Mean and Autocovariance Function Estimation Near the Boundary of Stationarity," (January 2009) [34pp, Abstract] [See CFP 1363]
CFDP 1689 Peter C. B. Phillips, "Bootstrapping I(1) Data," (January 2009) [11pp, Abstract] [See CFP 1310]
CFDP 1688 Xu Cheng, Peter C. B. Phillips, "Cointegrating Rank Selection in Models with Time-Varying Variance," (January 2009) [27pp, Abstract] [See CFP 1362]
CFDP 1687 Qiying Wang, Peter C. B. Phillips, "Asymptotic Theory for Zero Energy Density Estimation with Nonparametric Regression Applications," (January 2009) [26pp, Abstract] [See CFP 1319]
CFDP 1686 William D. Nordhaus, "An Analysis of the Dismal Theorem," (January 2009) [26pp, Abstract]
CFDP 1685 William D. Nordhaus, "The Perils of the Learning Model For Modeling Endogenous Technological Change," (January 2009) [19pp, Abstract]
CFDP 1684R Johannes Hörner, Larry Samuelson, "Managing Strategic Buyers," (November 2008, Revised September 2010) [67pp, Abstract]
CFDP 1684 Johannes Hörner, Larry Samuelson, "Managing Strategic Buyers," (November 2008) [61pp, Abstract]
CFDP 1683 Xiaohong Chen, Yanqin Fan, Demian Pouzo, Zhiliang Ying, "Estimation and Model Selection of Semiparametric Multivariate Survival Functions under General Censorship," (November 2008) [38pp, Abstract] [See CFP 1299]
CFDP 1682R2 Dirk Bergemann, Ulrich Hege, Liang Peng, "Venture Capital and Sequential Investments," (November 2008, Revised October 2009) [64pp, Abstract]
CFDP 1682R Dirk Bergemann, Ulrich Hege, Liang Peng, "Venture Capital and Sequential Investments," (November 2008, Revised March 2009) [61pp, Abstract]
CFDP 1682 Dirk Bergemann, Ulrich Hege, Liang Peng, "Venture Capital and Sequential Investments," (November 2008) [59pp, Abstract]
CFDP 1681 Ioannis Karatzas, Martin Shubik, William D. Sudderth, "Financial Control of a Competitive Economy without Randomness," (September 2008) [31pp, Abstract] [See CFP 1467]