Now showing items 67-69 of 1293

    • Robust Comparative Statics in Large Dynamic Economies 

      Acemoglu, Daron; Jensen, Martin Kaae (Cambridge, MA: Department of Economics,Massachusetts Institute of Technology, 2012-06-14)
      We consider infinite horizon economies populated by a continuum of agents who are subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of ...
    • Finding Eldorado: Slavery and Long-run Development in Colombia 

      Acemoglu, Daron; Garcia-Jimeno, Camilo; Robinson, James A. (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2012-06-12)
      Slavery has been a major institution of labor coercion throughout history. Colonial societies used slavery intensively across the Americas, and slavery remained prevalent in most countries after independence from the ...
    • A Geometric Approach to Weakly Identified Econometric Models 

      Andrews, Isaiah; Mikusheva, Anna (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2012-05-29)
      Many nonlinear Econometric models show evidence of weak identification, including many Dynamic Stochastic General Equilibrium models, New Keynesian Phillips curve models, and models with forward-looking expectations. In ...