Research Publications and Outputs: Recent submissions
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Matching Markets with Mixed Ownership: The Case for A Real-life Assignment Mechanism
Published 2010-09-01We consider a common indivisible good allocation problem in which agents have both social and private endowments. Popular applications include student assignment to on-campus housing, kidney exchange, and particular school ...Open AccessWorking Paper -
Demand-Led Growth Theory: An Historical Approach
Published 2011-02-01This paper develops upon the Keynesian theory of demand-led growth in order to provide an analytical framework conducive to explaining economic growth and development in concrete terms consistent with the fundamental idea ...Open AccessWorking Paper -
Modelling asset correlations: A nonparametric approach
Published 2011-01-01This article proposes a time-varying nonparametric estimator and a time-varying semiparametric estimator of the correlation matrix. We discuss representation, estimation based on kernel smoothing and inference. An extensive ...Open AccessWorking Paper -
When Second Opinions Hurt: A Model of Expert Advice under Career Concerns
Published 2010-12-01We augment the standard career concerns model by introducing (i) an action that blocks the information about the true state of the world and (ii) the possibility that the principal might reverse her initial action after ...Open AccessWorking Paper -
Internet Auctions with a Temporary Buyout Option
Published 2010-12-01We model an Internet auction with a temporary buyout option. Our main result shows that under certain parameter values, there exist two types of equilibria where offering a temporary buyout option with an appropriate reserve ...Open AccessWorking Paper