WorldCat Identities

Massachusetts Institute of Technology Department of Economics

Overview
Works: 1,177 works in 1,637 publications in 1 language and 2,494 library holdings
Genres: Periodicals 
Classifications: HB1,
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Most widely held works about Massachusetts Institute of Technology
 
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Most widely held works by Massachusetts Institute of Technology
Contribution from the Department of Economics by Massachusetts Institute of Technology( )

in English and held by 12 WorldCat member libraries worldwide

The slowdown of the economics publishing process by Glenn Ellison( Book )

3 editions published in 2000 in English and held by 10 WorldCat member libraries worldwide

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
Formal and real authority in organizations by Philippe Aghion( Book )

4 editions published between 1994 and 1995 in English and held by 10 WorldCat member libraries worldwide

Characterizing properties of stochastic objective functions by Susan Athey( Book )

7 editions published between 1995 and 1998 in English and held by 9 WorldCat member 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
Social security investment in equities I : linear case by Peter A Diamond( Book )

2 editions published in 1999 in English and held by 9 WorldCat member libraries worldwide

Abstract: 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
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 WorldCat member libraries worldwide

Annotation
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 WorldCat member 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 WorldCat member libraries worldwide

This paper develops necessary and sufficient conditions for monotone comparative statics predictions in several classes of stochastic optimization problems
Access pricing and competition by Jean-Jacques Laffont( Book )

4 editions published between 1994 and 1995 in English and held by 8 WorldCat member libraries worldwide

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 WorldCat member 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 WorldCat member 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
On the near optimality of linear incentives by Peter A Diamond( Book )

2 editions published in 1994 in English and held by 7 WorldCat member 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 WorldCat member 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
Exporters, skill upgrading, and the wage gap by Andrew B Bernard( Book )

2 editions published in 1994 in English and held by 7 WorldCat member libraries worldwide

Working paper( )

in English and held by 7 WorldCat member libraries worldwide

Single crossing properties and the existence of pure strategy equilibria in games of incomplete information by Susan Athey( Book )

4 editions published between 1997 and 2000 in English and held by 7 WorldCat member libraries worldwide

Nonparametric estimation of triangular simultaneous equations models by Whitney K Newey( Book )

3 editions published in 1998 in English and held by 7 WorldCat member libraries worldwide

Comparing apples to oranges : productivity convergence and measurement across industries and countries by Andrew B Bernard( Book )

3 editions published between 1993 and 1994 in English and held by 7 WorldCat member 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 WorldCat member libraries worldwide

Flexible simulated moment estimation of nonlinear errors-in-variables models by Whitney K Newey( Book )

5 editions published between 1993 and 1999 in English and held by 7 WorldCat member libraries worldwide

 
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Audience level: 0.74 (from 0.64 for MIT and th ... to 1.00 for Papers, ...)

Associated Subjects
Banks and banking--Econometric models Business cycles--Econometric models Capital market--Econometric models Capital movements--Econometric models Convergence--Econometric models Credit--Econometric models Delegation of authority--Mathematical models Devaluation of currency--Econometric models Developing countries Economic development--Effect of education on--Mathematical models Economic development--Social aspects--Mathematical models Economic history Economics Economists Education--Economic aspects--Econometric models Education--Finance--Econometric models Error analysis (Mathematics) Executives--Salaries, etc.--Mathematical models Factors of production--Econometric models Financial crises--Econometric models Game theory Human capital--Econometric models Incentives in industry--Mathematical models Income distribution--Econometric models Income tax--Mathematical models Industrial management--Mathematical models Industrial productivity--Econometric models Information theory in economics International finance--Econometric models Investment of public funds Investments, Foreign--Econometric models Labor market--Econometric models Labor productivity--Econometric models Manufactures Massachusetts Institute of Technology.--Department of Economics Monopolies--Mathematical models Occupational mobility--Statistical methods Pension trusts--Investments Publishers and publishing Social security--Finance Stochastic analysis Stochastic programming Stochastic sequences Structural unemployment--Econometric models Time-series analysis Trade regulation--Mathematical models United States User charges--Mathematical models Wages--Econometric models Wages--Skilled labor--Econometric models
Alternative Names

controlled identityMassachusetts Institute of Technology. Department of Economics and Social Science

controlled identityMassachusetts Institute of Technology. School of Humanities and Social Science

Massachusetts Institute of Technology. Dept. of Economics

Massachusetts Institute of Technology. School of Humanities and Social Science. Department of Economics

Languages
English (74)