Department of Economics: Recent submissions

Now showing items 61-63 of 1296

    • Can Institutions Be Reformed From Within? Evidence from a Randomized Experiment with the Rajasthan Police 

      Banerjee, Abhijit; Chattopadhyay, Raghabendra; Duflo, Esther; Keniston, Daniel; Singh, Nina (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2012-02-24)
      Institutions in developing countries, particularly those inherited from the colonial period, are often thought to be subject to strong inertia. This study presents the results of a unique randomized trial testing whether ...

    • A Caricature (Model) of the World Economy 

      Caballero, Ricardo (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2010-11-23)
      This paper provides a stylized model of the workings of a global economy where one of its key driving factors is economic agents’ continuous struggle to find assets in which to park financial resources. This struggle ...

    • Macroeconomics after the Crisis: Time to Deal with the Pretense-of-Knowledge Syndrome 

      Caballero, Ricardo (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2010-09-27)
      In this paper I argue that the current core of macroeconomics—by which I mainly mean the so-called dynamic stochastic general equilibrium approach—has become so mesmerized with its own internal logic that it has began to ...