Research: Articles

Selected faculty journal publications since 2014

 

Journal of International Economics

Fabio Ghironi and Matteo Cacciatore (2021). Trade, Unemployment, and Monetary Policy. Journal of International Economics. 103488

 

Journal of Money, Credit and Banking

Fabio Ghironi, Matteo Cacciatore, Romain Duval, and Giuseppe Fiori (2021). Market Reforms at the Zero Lower Bound. Journal of Money, Credit and Banking, 53, 745-777.

 

Journal of International Economics

Fabio Ghironi, Alessandro Barattieri and Matteo Cacciatore (2021). Protectionism and the Business Cycle. Journal of International Economics, 129, 103417.

 

The World Bank Economic Review

Clara Delavallade, Alan Griffith and Rebecca Thornton (2021). Effects of a Multi-Faceted Education Program on Enrollment, Learning and Gender Equity: Evidence from India. The World Bank Economic Review.

 

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Yael Jacobs, Aaron M. Kolb and Curtis R. Taylor (2021). Communities, Co-ops, and Clubs: Social Capital and Incentives in Large Collective Organizations. American Economic Journal: Microeconomics.

 

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Indranil Chakraborty, Fahad Khalil and Jacques Lawarree (2021). Competitive Procurement and Ex Post Moral Hazard. The Rand Journal of Economics, https://doi.org/10.1111/1756-2171.12366.

 

Prospects for Economic Growth in the United States

Stephen J Turnovsky (eds. John W. Diamond and George R. Zodrow) (2021). Economic Growth and Income Inequality: Insights from the Representative Consumer Theory of Distribution. Prospects for Economic Growth in the United States.

 

Journal of Human Capital

Sokchea Lim, A. K. M. Mahbub Morshed and Stephen J Turnovsky (2021). Migrant Labor and Remittances: Macroeconomic Consequences and Policy Responses. Journal of Human Capital, 15, 128-173.

 

Journal of Mathematical Economics

Manoj Atolia, Chris Papageorgiou and Stephen J Turnovsky (2021). Re-opening after the lockdown: Long-run aggregate and distributional consequences of COVID-19. Journal of Mathematical Economics, 93, 102481.

 

Macroeconomic Dynamics

Manoj Atolia, Chris Papageorgiou and Stephen J Turnovsky (2021). Taxation and public health investment: policy choices and tradeoffs. Macroeconomic Dynamics, 25, 426-461.

 

Open Economies Review

Jorge Rojas-Vallejos and Stephen J Turnovsky (2021). Differential Tariffs and Income Inequality in the United States: Some Evidence from the States. Open Economies Review, 32, 1-35.

 

Journal of Economic Theory

Quan Wen and Marco Mariotti (2021). A Non-Cooperative Foundation of the Competitive Divisions for Bads. Journal of Economic Theory. https://doi.org/10.1016/j.jet.2021.105253.

 

Environmental Modeling and Assessment

Quan Wen and Miguel Aramendia (2021). Symmetric Renegotiation-Proof Climate Agreements. Environmental Modeling and Assessment. https://doi.org/10.1007/s10666-021-09751-z.

 

JMet

Yanqin Fan, Fang Han, Wei Li, and Xiao-Hua Zhou (2020). On Rank Estimators in Increasing Dimensions. Journal of Econometrics, 214, 379-412.

 

Journal of European Economic Association

Rachel Heath and Xu Tan (2020). Intrahousehold bargaining, female autonomy, and labor supply: Theory and evidence from India, Journal of the European Economics Association, 18, 1928-1968.

 

JMet

Fahad Khalil, Jacques Lawarree and Alexander Rodivilov (2020). Learning from failures: Optimal contracts for experimentation and production. Journal of Economic Theory, https://doi.org/10.1016/j.jet.2020.105107.

 

Theoretical Economics

Wei Li and Xu Tan (2020). Locally Bayesian learning in networks. Theoretical Economics, 15, 238-278.

 

Journal of Macroeconomics

Iñaki Erauskin and Stephen J Turnovsky (2020). Financial globalization and its consequences for productive government expenditure. Journal of Macroeconomics, 66, 103244.

 

Economic Modelling

Yoseph Y. Getachew and Stephen J Turnovsky (2020). Redistribution, inequality, and efficiency with credit constraints: Implications for South Africa. Economic Modelling, 93, 259-277.

 

International Economic Review

Evangelos V. Dioikitopoulos, Stephen J Turnovsky, and Ronald Wendner (2020). Dynamic Status Effects, Savings, and Income Inequality. International Economic Review, 61, 351-382.

 

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Quan Wen and Xu Tan (2020). Information Acquisition and Voting with Heterogeneous Experts. Rand Journal of Economics, 51(4), 1063-1092. https://doi.org/10.1111/1756-2171.12350.

 

GBE

Quan Wen and Miguel Aramendia (2020). Myopic Perception in Repeated Games. Games and Economic Behavior, 119, 1-14. https://doi.org/10.1016/j.geb.2019.10.003.

 

JMet

Yanqin Fan and Heng Chen (2019). Identification and Wavelet Estimation of Weighted ATE under Discontinuous and Kink Incentive Assignment Mechanisms. Journal of Econometrics, 212, 476-502.

 

JMet

Yanqin Fan, Ming He, Liangjun Su, and Xiahua Z hou (2019). A Smoothed Q-learning Algorithm for Dynamic Treatment Regimes. Scandinavian Journal of Statistics, 46, 446-469.

 

American Economic Journal: Macroeconomics

Fabio Ghironi, Florin O. Bilbiie and Marc J. Melitz (2019). Monopoly Power and Endogenous Product Variety: Distortions and Remedies. American Economic Journal: Macroeconomics, 11, 140-174.

 

Journal of Public Economic Theory

Fahad Khalil, Doyoung Kim, and Jacques Lawarrée (2019). Use It or Lose It. Journal of Public Economic Theory, https://doi.org/10.1111/jpet.12391.

 

IntEconReview

Marcelo Arbex, Dennis O'Dea, and David Wiczer (2019). Network search: Climbing the job ladder faster. International Economic Review, 60, 693-720.

 

 Journal of International Economics

Iñaki Erauskin and Stephen J Turnovsky (2019). International financial integration and income inequality in a stochastically growing economy. Journal of International Economics, 119, 55-74.

 

OER

Inaki Erauskin and Stephen J. Turnovsky (2019). Financial globalization and the increase in the size of government: Are they related? Open Economies Review, 30, 219-253.

 

Journal of Public Economic Theory

Evangelos Dioikitopoulos, Stephen J. Turnovsky, and Ronald Wendner (2019). Public policy, dynamic status preferences, and wealth inequality. Journal of Public Economic Theory, 21, 923-944.

 

JIE

Inaki Erauskin and Stephen J. Turnovsky (2019). International financial Integration, volatility, and inequality in a stochastically growing open economy. Journal of International Economics, 119, 55-74.

 

 Journal of International Money and Finance

Stephen J Turnovsky (2019). Demographic structures, savings, and international capital flows. Journal of International Money and Finance, 98, 102062. https://onlinelibrary.wiley.com/doi/abs/10.1111/iere.12356.

 

IntEconReview

Yangguang Huang and Quan Wen (2019). Auction-lottery hybrid mechanisms: Structural model and empirical analysis. International Economic Review, 60, 355-385.

 

JIMF

Yu-chin Chen and Dongwon Lee (2018). Market power, inflation targeting, and commodity currencies. Journal of International Money and Finance, 88, 122-139.

 

ScanJoStats

Yanqin Fan, Ming He, Liangjun Su, and Xiao-Hua Zhou (2018). A smoothed Q-learning algorithm for estimating dynamic treatment regimes. Scandinavian Journal of Statistics, 46, 446-469.

 

JMet

Yanqin Fan and Ruixuan Liu (2018). Partial identification and inference in censored quartile regression. Journal of Econometrics, 206, 1-38.

 

Economics Letters

Yanqin Fan, Lei Hou, and Karen Yan (2018). On the density estimation of air pollution in Beijing. Economics Letters, 163, 110-113.

 

Oxford Review of Economic Policy

Fabio Ghironi (2018). Macro Needs Micro. Oxford Review of Economic Policy, 34, 195-218.

 

Journal of Political Economy

Rachel Heath (2018). Why Do Firms Hire Using Referrals? Evidence from Bangladeshi Garment Factories. Journal of Political Economy, 126(4): 1691-1746.

 

JDE

Rachel Heath and Xu Tan (2018). Worth fighting for: Daughters improve their mothers' autonomy in South Asia. Journal of Development Economics, 135, 255-271.

 

AEA PP

Elaina Rose (2018). Gender peer effects in a predominantly male environment: Evidence from West Point.  American Economic Association Papers and Proceedings, 108, 392-95.

 

Journal of Macroeconomics

Vladimir Dashkeev and Stephen J. Turnovsky (2018). Balanced-budget rules and risk-sharing in a fiscal union. Journal of Macroeconomics, 57, 277-298.

 

Journal of Economic Dynamics and Control

S. F. Schubert and Stephen J. Turnovsky (2018). Growth and unemployment: Short-run and long-run tradeoffs. Journal of Economic Dynamics and Control, 91, 172-189.

 

JDE

Santanu Chatterjee and Stephen J. Turnovsky (2018). Remittances and the informal economy. Journal of Development Economics, 133, 66-83.

 

JDE

Jorge Rojas-Vallejos and Stephen J. Turnovsky (2018). The distributional consequences of trade liberalization: Consumption tariff versus investment tariff reduction. Journal of Development Economics, 134, 392-415.

 

Scandinavian Journal of Economics

Harold Houba, Evgenia Motchenkova, and Quan Wen (2018). Legal principles in antitrust enforcement. Scandinavian Journal of Economics, 120, 859-893.

 

JMath

Jesse Schwartz and Quan Wen (2018). A subsidized Vickrey auction for cost sharing. Journal of Mathematical Economics, 77, 32-38.

 

Econ Th Bulletin

Jesse Schwartz and Quan Wen (2018). Robust trading mechanisms with budget surplus and partial trade. Economic Theory Bulletin. https://doi.org/10.1007/s40505-018-0138-7

 

Econometric Reviews

Yanqin Fan and Carlos A. Manzanares (2017). Partial Identification of the treatment effect on the treated in difference-in-differences framework with repeated cross-sectional data. Econometric Reviews, 36, 1057-1080.

 

JMet

Yanqin Fan, Emmanuel Guerre, and Dongming Zhu (2017). Partial identification and confidence sets for functionals of the joint distribution of “potential outcomes”. Journal of Econometrics 197, 42-59.

 

JDE

Amalavoyal Chari, Freeha Fatima, Rachel Heath, and Annemie Maertens (2017). The causal effect of maternal age at marriage on child wellbeing: Evidence from India. Journal of Development Economics, 127, 42-55.

 

JDE

Rachel Heath (2017). Fertility at work: Children and women's labor market outcomes in urban Ghana. Journal of Development Economics, 126, 190-214.

 

OER

Jorge Rojas-Vallejos and Stephen J. Turnovsky (2017). Tariff reduction and income inequality: Some empirical evidence. Open Economies Review, 1-29.

 

Review of International Economics

David Oxborrow and Stephen J. Turnovsky (2017). Closing the small open economy model: A demographic approach. Review of International Economics 25, 44-75.

 

European Economic Review

Charis Christofides, Theo S. Eicher, and Chris Papageorgiou (2016). Did established early warning signals predict the 2008 crises? European Economic Review, 90, 103-114.

 

CJE

Theo S. Eicher and David Kuenzel (2016). The elusive effect of trade on growth. Canadian Journal of Economics, 49, 264-95.

 

JMet

Heng Chen, Yanqin Fan, and Ruixuan Liu (2016). Inference for the correlation coefficient between the potential outcomes in Gaussian Switching Regime Models. Journal of Econometrics 195, 255-270.

 

Frontiers Econ China

Yanqin Fan, Ruixuan Liu, and Dongming Zhu (2016). Inference for optimal split point in conditional quantiles. Frontiers of Economics in China 11, 40-59.

 

adv metrics

Yanqin Fan and Emmanuel Guerre (2016). Multivariate local polynomial estimators: Uniform boundary properties and asymptotic linear representation. Advances in Econometrics, 36, 489-537.

 

jMetMethods

Yanqin Fan, Robert Sherman, and Matthew Shum (2016). Estimation and inference in an ecological inference model. Journal of Econometric Methods, 5, 17-48.

 

JMet

Yanqin Fan and Ruixuan Liu (2016). A direct approach to inference in nonparametric and semiparametric quantile models. Journal of Econometrics, 191, 196-216.
 

 

JJIE

Matteo Cacciatore, Fabio Ghironi, and Yurim Lee (2016). Financial market integration, exchange rate policy, and the dynamics of business employment in Korea. Journal of the Japanese and International Economies, 42, 79-99.

 

Journal of Economic Dynamics and Control

Matteo Cacciatore, Romain Duval, Giuseppe Fiori, and Fabio Ghironi (2016). Market reforms in the time of imbalance. Journal of Economic Dynamics and Control, 72, 69-93.
 

 

JIMF

Matteo Cacciatore, Romain Duval, Giuseppe Fiori, and Fabio Ghironi (2016). Short-term pain for long-term gain: Market deregulation and monetary policy in small open economies. Journal of International Money and Finance, 68, 358-385.

 

Review of Economic Studies

Brian Greaney, Joseph P. Kaboski and Eva Van Leemput (2016). Can Self-Help Groups Really Be "Self-Help"?. Review of Economic Studies.

 

WBER

Elisa Gamberoni, Rachel Heath, and Emily Nix (2016). Bridging the gender gap: Identifying what is holding self-employed women back in Ghana, Rwanda, Tanzania, and the Republic of Congo. World Bank Economic Review, 30, 501-521.

 

Review of Economics and Statistics

Yunjong Eo and Chang-Jin Kim (2016). “Markov-switching models with evolving regime-specific parameters: Are post-war booms or recessions all alike? Review of Economics and Statistics, 98, 940-949.

 

Economics Letters

Marcelo Arbex, Sidnet Caetano, and Dennis O'Dea (2016). The implications of labor market network for business cycles. Economics Letters, 144, 37-40.

 

GEB

Xu Tan (2016). Information revelation in auctions with common and private values. Games and Economic Behavior, 97, 147-65.
 

 

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Oksana Leukhina and Stephen J. Turnovsky (2016). Push, pull, and population size effects in structural development: Long-run tradeoffs. Journal of Demographic Economics, 84, 423-457.

 

Journal of Public Economic Theory

Murat Koyuncu and Stephen J. Turnovsky (2016). The dynamics of growth and income inequality under progressive taxation. Journal of Public Economic Theory 18, 560-588.

 

AEJ-Macro

Oksana Leukhina and Stephen J. Turnovsky (2016). Population size effects in the structural development of England. American Economic Journal: Macroeconomics 8, 195-229.

 

JIE

Matteo Cacciatore, Giuseppe Fiori, and Fabio Ghironi (2015). Market deregulation and optimal monetary policy in a monetary union. Journal of International Economics, 99, 120-137.
 

 

Econometrics Journal

Yanqin Fan, Sergio Pastorello, and Eric Renault (2015). Maximization by parts in extremum estimation. Econometrics Journal, 18, 147-171.

 

ER

Yanqin Fan and Ruixuan Liu (2015). Symmetrized multivariate k-NN estimators. Econometric Reviews, 34, 827-847.

 

Research in econ

Matteo Cacciatore, Giuseppe Fiori, and Fabio Ghironi (2015). The domestic and international effects of Euro area market reforms. Research in Economics, 69, 555-581.

 

JIMF

Fabio Ghironi, Jaewoo Lee, and Alessandro Rebucci (2015). The valuation channel of external adjustment. Journal of International Money and Finance, 57, 86-114.

 

International Journal of Central Banking

Matteo Cacciatore, Fabio Ghironi, and Stephen J. Turnovsky (2015). Inflation targeting and economic reforms in New Zealand. International Journal of Central Banking, 11 (Supp. 1), 145-198.

 

JIE

Matteo Cacciatore, Fabio Ghironi, and Viktors Stebunovs (2015). The domestic and international effects of interstate US banking. Journal of International Economics, 95, 171-187.

 

JDE

Rachel Heath and A. Mushfiq Mobarak (2015). Manufacturing growth and the lives of Bangladeshi women. Journal of Development Economics, 115, 1-15.

 

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Fahad Khalil, Jacques Lawarrée, and Troy Scott (2015). Private monitoring, collusion, and the timing of information. RAND Journal of Economics, 46, 872-890.

 

Journal of Business and Economic Statistics

Chang-Jin Kim and Jaeho Kim (2015). Bayesian inference in regime-switching ARMA models with absorbing states: The dynamics of the ex-ante real interest rate under structural breaks. Journal of Business and Economic Statistics, 33, 566-578.

 

Annals of Financial Economics

Kaihua Deng and Chang-Jin Kim (2015). Predicting stock returns: The information contents at different horizons. Annals of Financial Economics, 10, xx-xx.

 

MacroDyn

Chang-Jin Kim, James Morley, and Jeremy Piger (2015). Introduction to special issue on the empirical analysis of business cycles, financial markets, and inflation: Essays in honor of Charles Nelson. Macroeconomic Dynamics, 19(4).

 

Journal of Economic Dynamics and Control

Stephen J. Turnovsky (2015). Economic growth and inequality: The role of public investment. Journal of Economic Dynamics and Control, 61, 204-221.
 

 

Research in econ

Yoseph Getachew and Stephen J. Turnovsky (2015). Productive government spending and its consequences for the growth-inequality tradeoff. Research in Economics, 69, 621-640.

 

MacroDyn

Cecilia García-Peñalosa and Stephen J. Turnovsky (2015). Income inequality, mobility, and the accumulation of capital. Macroeconomic Dynamics, 19, 1332-1357.

 

OER

Jorge Rojas-Vallejos and Stephen J. Turnovsky (2015). The consequences of tariff reduction for economic activity and inequality. Open Economies Review, 26, 601-631.

 

Economics Letters

Miguel Aramendia and Quan Wen (2015). Repeated Cournot Model with justifiable punishments. Economics Letters, 136, 171-174.

 

JMet

Yu-chin Chen, Stephen J. Turnovsky, and Eric Zivot. (2014). Forecasting inflation using commodity price aggregates. Journal of Econometrics, 183, 117-134.

 

ER

Theo S. Eicher, Alex Lenkoski and Adrian Raftery (2014).Bayesian model averaging and endogeneity under model uncertainty: An application to development determinants. Econometric Reviews33, 122-151.

 

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Yanqin Fan, Robert Sherman, and Matthew Shum (2014). Identifying treatment effects under data combination. Econometrica, 82, 811-822.

 

Annual Review of Economics

Yanqin Fan and Andrew Patton (2014). Copulas in econometrics. Annual Review of Economics, 6, 179-200.

 

JMet

Heng Chen, Yanqin Fan, and Jisong Wu (2014). A flexible parametric approach to estimating switching regime models and treatment effect parameters. Journal of Econometrics, 181, 77-91.
 

 

JMet

Yanqin Fan and Sangsoo Park (2014). Nonparametric inference for counterfactual means: Bias correction, confidence sets, and weak instruments. Journal of Econometrics, 178, 45-56.
 

 

Journal of Monetary Economics

Florin O. Bilbiie, Ippei Fujiwara, and Fabio Ghironi (2014). Optimal monetary policy with endogenous entry and product variety. Journal of Monetary Economics, 64, 1-20.

 

World Dev

Rachel Heath (2014). Women’s access to labor market opportunities, control of household resources, and domestic violence. World Development, 57, 32-46.

 

JMCB

Chang-Jin Kim, Pym Manopimoke, and Charles R. Nelson (2014). Trend inflation and the nature of structural breaks in the new Keynesian Phillips Curve. Journal of Money, Credit, and Banking, 46, 253-266.

 

Review of Economic Design

Qiang Gong, Xu Tan, and Yiqing Xing (2014). Ordering sellers in sequential auctions. Review of Economic Design, 18, 11-35.

 

Journal of Population Economics

Jochen Mierau and Stephen J. Turnovsky (2014). Capital accumulation and the sources of demographic change. Journal of Population Economics, 27, 857-894.

 

Economic Theory

Jochen Mierau and Stephen J. Turnovsky (2014). Demography, growth, and inequality. Economic Theory, 55, 29-68

 

GEB

Miguel Aramendia and Quan Wen (2014). Justifiable punishments in repeated games. Games and Economic Behavior, 88, 16-28.
 

 

JMath

Harold Houba and Quan Wen (2014). Backward induction and unacceptable offers. Journal of Mathematical Economics, 54, 151-156.

 

Econometrics Journal

Peter Fuleky and Eroc Zivot (2014). Indirect inference based on the score. Econometrics Journal, 17, 383-393.

 

 

Natural Resource Modeling

Nina Sidneva and Eric Zivot (2014). Evaluating the impact of environmental policy on the trend behavior of U.S. emissions of nitrogen oxides and volatile organic compounds. Natural Resource Modeling, 27, 311-337.

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