Department of Economics
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Recreational Marijuana Dispensaries and Fatal Car Crashes
(2022-02-03)Fatal car crashes are a leading cause of death among younger Americans and have become a central concern in the US marijuana policy debate. I provide new evidence on the effect of marijuana on traffic fatalities by exploiting ... -
Robust Two-Step Confidence Sets, and the Trouble with the First Stage F-Statistic
(2014-09-04)When weak identification is a concern researchers frequently calculate confidence sets in two steps, first assessing the strength of identification and then, on the basis of this initial assessment, deciding whether to use ... -
Unique Equilibrium in the Eaton-Gersovitz Model of Sovereign Debt
(2014-09-04)We provide a proof that Markov Perfect equilibrium is unique in the standard infinitehorizon incomplete-market model with a default option which, following Eaton and Gersovitz (1981), has become a benchmark for quantitative ...
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