WorldCat Identities

Massachusetts Institute of Technology Department of Economics

Overview
Works: 1,102 works in 1,372 publications in 1 language and 1,633 library holdings
Genres: Periodicals 
Classifications: HB1, 330
Publication Timeline
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Publications about Massachusetts Institute of Technology Publications about Massachusetts Institute of Technology
Publications by Massachusetts Institute of Technology Publications by Massachusetts Institute of Technology
Most widely held works about Massachusetts Institute of Technology
 
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Most widely held works by Massachusetts Institute of Technology
The slowdown of the economics publishing process by Glenn Ellison ( Book )
2 editions published in 2000 in English and held by 9 WorldCat member 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
Contribution from the Department of Economics by Massachusetts Institute of Technology ( )
in English and held by 9 WorldCat member libraries worldwide
Working paper ( )
in English and held by 8 WorldCat member libraries worldwide
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
Formal and real authority in organizations by Philippe Aghion ( Book )
4 editions published between 1994 and 1995 in English and held by 8 WorldCat member libraries worldwide
Working paper - Department of Economics, Massachusetts Institute of Technology by Massachusetts Institute of Technology ( )
in English and held by 6 WorldCat member libraries worldwide
Characterizing properties of stochastic objective functions by Susan Athey ( Book )
5 editions published between 1995 and 1998 in English and held by 6 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
Emerging market crises : an asset markets perspective by Ricardo J Caballero ( Book )
3 editions published between 1998 and 1999 in English and held by 6 WorldCat member libraries worldwide
Abstract: Although internal policy mismanagements can be cited in most recent emerging market crises, they seldom account fully for the severity of these crises. The reluctance of international investors to provide the resources that would limit the extent of the reversal almost invariably plays a key role in bringing a previously (over?)-heated economy to a costly halt. Domestic assets experience dramatic depreciation and otherwise solvent investment projects and production, especially in the nontradeables sector, find no financiers and are wastefully shutdown. Ultimately, the reason for this breakdown of a country's access to international capital markets must lie in the inadequacy (real or perceived) of its international collateral. We build a framework where this insufficiency and its consequences stem from microeconomic contractual problems. Fire sales of domestic assets naturally arise as a result of desperate competition for scarce international collateral. This begs the question of why the private sector does not take steps to ensure sufficient international collateral when crises are likely. The answer lies in the presence of a pecuniary externality. We show that contractual problems also lead to a problem of insufficient domestic collateral, which restricts the transfer of surplus arising from the use of international collateral between the users and providers of this international collateral. The interaction between domestic and international collateral also sheds light on when pre-crisis capital flows ought to be regulated and on whether there is scope for currency support measures during the crisis or not
Necessary and sufficient conditions for the perfect finite horizon folk theorem by Lones Smith ( Book )
3 editions published between 1993 and 1994 in English and held by 6 WorldCat member libraries worldwide
Social security investment in equities I : linear case by Peter A Diamond ( Book )
1 edition published in 1999 in English and held by 6 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
Improper churn : social costs and macroeconomic consequences by Ricardo J Caballero ( Book )
2 editions published in 1998 in English and held by 5 WorldCat member libraries worldwide
Abstract: 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
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 5 WorldCat member libraries worldwide
On the near optimality of linear incentives by Peter A Diamond ( Book )
2 editions published in 1994 in English and held by 5 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 5 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 5 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
Comparative statics under uncertainty : single crossing properties and log supermodularity by Susan Athey ( Book )
5 editions published between 1996 and 1998 in English and held by 5 WorldCat member libraries worldwide
This paper develops necessary and sufficient conditions for monotone comparative statics predictions in several classes of stochastic optimization problems
Social mobility and redistributive politics by Thomas Piketty ( Book )
2 editions published in 1994 in English and held by 5 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 5 WorldCat member libraries worldwide
Latin America in the light of reports on development by P. N Rosenstein-Rodan ( Book )
2 editions published in 1970 in English and held by 5 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 5 WorldCat member libraries worldwide
 
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Audience level: 0.87 (from 0.00 for Papers, ... to 1.00 for Working pa ...)
Associated Subjects
Banks and banking--Econometric models Business Business cycles--Econometric models Business writing 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 Econometric models Economic assistance Economic development--Effect of education on--Mathematical models Economic development--Social aspects--Mathematical models Economic history Economics Economics--Authorship 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 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 International finance--Econometric models Investment of public funds Investments, Foreign--Econometric models Labor market--Econometric models Labor productivity--Econometric models Latin America Monopolies--Mathematical models Occupational mobility--Statistical methods Pension trusts--Investments Pension trusts--Investments--Econometric models Publishers and publishing Social mobility--Mathematical models Social security--Finance Social security--Finance--Econometric models Stochastic analysis Structural unemployment--Econometric models Time-series analysis Trade regulation--Mathematical models United States User charges--Mathematical models
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

Massachusetts Institute of Technology. Dept. of Economics
Massachusetts Institute of Technology. School of Humanities and Social Science. Department of Economics
Languages
English (59)