Product Switching in a Model of Learning
New exporters add and drop products with much greater frequency than old exporters. This paper rationalizes this behavior with a model of demand learning......
Working Papers
This list captures all of the most recent papers that have been uploaded to this website. For a FULL list of 'Working Papers' from IIEP please visit this archived version of our website.
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Characteristics and Implications of Chinese Macroeconomic Data Revisions
Recent research examining U.S. macroeconomic data suggests that revisions may be much more important than traditionally assumed. This paper extends the..........
This paper assesses the predictive power of variables that measure market tightness, such as seller's bargaining power and sale probabilities, on future home..
Structural Change in Ghana 1960-2010
Development is associated with structural transformation, i.e. the decline of agriculture and the rise of manufacturing and services. Conversely, the lack of....
This study addresses basic questions concerning the scope and structure of organizations working in development and poverty activities. Under what conditions is
This paper uses household panel data to provide robust evidence on the effects of BRAC’s Targeting the Ultra-poor Program in Bangladesh. We use alternative....
This paper constitutes the introductory essay for the special issue of Climate Change Economics, edited by Malik and Smith, forthcoming in 2012, examining..
Heat waves, defined as an interval of abnormally hot and humid weather, have been a prominent killer in recent years. With heat waves worsening with climate..
Evaluating a Vector of the Fed’s Forecasts
In this paper we present a multivariate analysis of the Federal Reserve’s forecasts. First, we evaluate the Fed’s forecasts of the ten major expenditure.....
A New Approach For Evaluating Economic Forecasts
This paper presents a new approach to evaluating multiple economic forecasts. In the past, evaluations have focused on the forecasts of individual variables....