Selected Research Publications from Our Faculty
A Theory of Intergenerational Mobility
Gary S. Becker, Scott Duke Kominers, Kevin M. Murphy, Jörg L. Spenkuch. 2018. Journal of Political Economy, 126(S1): S7-S25.
Returns to Education: The Causal Effects of Education on Earnings, Health, and Smoking
James J. Heckman, John Eric Humphries, Gregory Veramendi. 2018. Journal of Political Economy, 126(S1): S197-S246.
Growth through Heterogeneous Innovations
Ufuk Akcigit, William R. Kerr. 2018. Journal of Political Economy, 126(4): 1374-1443.
Using Instrumental Variables for Inference about Policy Relevant Treatment Parameters
Magne Mogstad, Andres Santos, Alexander Torgovitsky. 2018. Econometrica, 86(5): 1589-1619.
Aggregating Recruiting Intensity
Alessandro Gavazza, Simon Mongey, Giovanni L. Violante. 2018. American Economic Review, 108(8): 2088-2127.
Status Goods: Experimental Evidence from Platinum Credit Cards
Leonardo Bursztyn, Bruno Ferman, Stefano Fiorin, Martin Kanz, and Gautam Rao. 2018. Quarterly Journal of Economics, 133(3): 1561-1595.
Do Energy Efficiency Investments Deliver? Evidence from the Weatherization Assistance Program
Meredith Fowlie, Michael Greenstone, and Catherine Wolfram. 2018. Quarterly Journal of Economics, 133(3): 1597-1644.
Consumer Price Search and Platform Design in Internet Commerce
Michael Dinerstein, Liran Einav, Jonathan Levin, Neel Sundaresan. 2018. American Economic Review, 108(7): 1820-1859.
Monetary Policy According to HANK
Greg Kaplan, Benjamin Moll, and Giovanni Violante. 2018. American Economic Review, 108(3): 697-743.
Bid Shading and Bidder Surplus in the US Treasury Auction System
Ali Hortaçsu, Jakub Kastl, and Allen Zhang. 2018. American Economic Review, 108(1): 147-169.
'Acting Wife': Marriage Market Incentives and Labor Market Investments
Leonardo Bursztyn, Thomas Fujiwara, and Amanda Pallais. 2017. American Economic Review, 107(11): 3288-3319.
Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program
Olivier Deschênes, Michael Greenstone, and Joseph S. Shapiro. 2017. American Economic Review, 107(10): 2958-2989.
Beyond LATE with a Discrete Instrument
Christian N. Brinch, Magne Mogstad, and Matthew Wiswall. 2017. Journal of Political Economy, 125(4): 985-1039.
The Margins of Global Sourcing: Theory and Evidence from US Firms
Pol Antràs, Teresa C. Fort, and Felix Tintelnot. 2017. American Economic Review, 107(9): 2514-2564.
Fiscal Policy and Debt Management with Incomplete Markets
Anmol Bhandari, David Evans, Mikhail Golosov, and Thomas J. Sargent. 2017. Quarterly Journal of Economics, 132(2): 617-663.
Earnings and Consumption Dynamics: A Nonlinear Panel Data Framework
Manuel Arellano, Richard Blundell, and Stéphane Bonhomme. 2017. Econometrica, 85(3): 693-734.
Existence of Optimal Mechanisms in Principal-Agent Problems
Ohad Kadan, Philip J. Reny, and Jeroen M. Swinkels. 2017. Econometrica, 85(3): 769-823.
Randomization Tests under an Approximate Symmetry Assumption
Ivan A. Canay, Joseph P. Romano, and Azeem M. Shaikh. 2017. Econometrica, 85(3): 1013-1030.
Immigration and the Rise of American Ingenuity
Ufuk Akcigit, John Grigsby, and Tom Nicholas. 2017. American Economic Review, 107(5): 327-331.
What Can We Learn from Experiments? Understanding the Threats to the Scalability of Experimental Results
Omar Al-Ubaydli, John A. List, and Dana L. Suskind. 2017. American Economic Review, 107(5): 282-286.
Abducting Economics
James J. Heckman and Burton Singer. 2017. American Economic Review, 107(5): 292-302.
Voting to Tell Others
Stefano Dellavigna, John A. List, Ulrike Malmendier, and Gautam Rao. 2017. Review of Economic Studies, 84(1): 143-181.
Quantile Selection Models with an Application to Understanding Changes in Wage Inequality
Manuel Arellano and Stéphane Bonhomme. 2017. Econometrica, 85(1): 1-28.
First-Price Auctions with General Information Structures: Implications for Bidding and Revenue
Dirk Bergemann, Benjamin Brooks, and Stephen Morris. 2017. Econometrica, 85(1): 107-143.
Global Production with Export Platforms
Felix Tintelnot. 2017. Quarterly Journal of Economics, 132(1): 157-209.
Does Welfare Inhibit Success? The Long-Term Effects of Removing Low-Income Youth from the Disability Rolls
Manasi Deshpande. 2016. American Economic Review, 106(11): 3300-3330.
Taxation and the International Mobility of Inventors
Ufuk Akcigit, Salomé Baslandze, and Stefanie Stantcheva. 2016. American Economic Review, 106(10): 2930-2981.
The Real Effects of Monetary Shocks in Sticky Price Models: A Sufficient Statistic Approach
Fernando Alvarez, Hervé Le Bihan, and Francesco Lippi. 2016. American Economic Review, 106(10): 2817-2851.
How to Count Citations if You Must
Motty Perry and Philip J. Reny. 2016. American Economic Review, 106(9):2722-2741.
Runs on Money Market Mutual Funds
Lawrence D.W. Schmidt, Allan Timmermann, and Russ Wermers. 2016. American Economic Review, 106(9):2525-2557.
Editor's Choice: Field of Study, Earnings, and Self-Selection
Lars J. Kirkeboen, Edwin Leuven and Magne Mogstad. 2016. Quarterly Journal of Economics, 131(3):1057-1111.
Shopping Externalities and Self-Fulfilling Unemployment Fluctuations
Greg Kaplan and Guido Menzio. 2016. Journal of Political Economy, 124(3):771-825.
Buy, Keep, or Sell: Economic Growth and the Market for Ideas
Ufuk Akcigit, Murat Alp Celik, and Jeremy Greenwood. 2016. Econometrica, 84(3):943-84.
Financial Health Economics
Ralph S. J. Koijen, Tomas J. Philipson, and Harald Uhlig. 2016. Econometrica, 84(1):195-242.
Monetary Shocks in Models with Inattentive Producers
Fernando Alvarez, Francesco Lippi, and Luigi Paciello. 2016. Review of Economic Studies, 83(2):421-59.
Yours, Mine, and Ours: Do Divorce Laws Affect the Intertemporal Behavior of Married Couples?
Alessandra Voena. 2015. American Economic Review. 105(8):2295-332.
Do Competitive Workplaces Deter Female Workers? A Large-Scale Natural Field Experiment on Job Entry Decisions
Jeffrey A. Flory, Andreas Liebbrandt, and John A. List. 2015. Review of Economic Studies, 82(1):122-55.
Principles of (Behavioral) Economics
David Laibson, and John A. List. 2015. American Economic Review, 105(5):385-90.
Tenable Strategy Blocks and Settled Equilibria
Myerson, Roger, and Jorgen Weibull. 2015. Econometrica, 83(3):943-76.
Human Capital and Growth
Lucas, Robert E. Jr. 2015. American Economic Review, 105(5):85-88.
The Generalized Roy Model and the Cost-Benefit Analysis of Social Programs
Philipp Eisenhauer, James J. Heckman, and Edward Vytlacil. 2015. Journal of Political Economy, 123(2):413-43.
Do Natural Field Experiments Afford Researchers More or Less Control Than Laboratory Experiments?
Al-Ubaydli, Omar, and John A. List. 2015. American Economic Review, 105(5):462-66.
Grouped Patterns of Heterogeneity in Panel Data
Bonhomme, Stéphane, and Elena Manresa. 2015. Econometrica, 83(3):1147-84.
Earnings, Disposable Income, and Consumption of Allowed and Rejected Disability Insurance Applicants
Kostøl, Andreas Ravndal, and Magne Mogstad. 2015. American Economic Review, 105(5):137-41.
Environmental Health Risks and Housing Values: Evidence from 1,600 Toxic Plant Openings and Closings
Currie, Janet, Lucas Davis, Michael Greenstone, and Reed Walker. 2015. American Economic Review, 105(2):678-709.
A Characterization of Rationalizable Consumer Behavior
Reny, Philip J. 2015. Econometrica, 83(1):175-92.
Environmental Regulations, Air and Water Pollution, and Infant Mortality in India
Michael Greenstone and Rema Hanna. 2014. American Economic Review, 104(10):3038-72.
Nobel Lecture: Uncertainty Outside and Inside Economic Models
Hansen, Lars Peter. 2014. Journal of Political Economy, 122(5):945-87.
Vertical Integration and Input Flows
Atalay, Enghin, Hortacsu, Ali, and Syverson, Chad. 2014. American Economic Review, 104(4):1120-48.
Price Setting With Menu Cost for Multiproduct Firms
Alvarez, Fernando and Lippi, Francesco. 2014. Econometrica, 82(1):89–135.
On the Testability of Identification in Some Nonparametric Models With Endogeneity
Canay, Ivan A., Santos, Andres, and Shaikh, Azeem M. 2013. Econometrica, 81(6):2535–2559.
Truth-Telling by Third-Party Auditors and the Response of Polluting Firms: Experimental Evidence from India
Michael Greenstone, Esther Duflo, Rohini Pande, and Nicholas Ryan. 2013. Quarterly Journal of Economics, 128(4):1499-1545.
Evidence on the Impact of Sustained Exposure to Air Pollution on Life Expectancy from China’s Huai River Policy
Michael Greenstone, Yuyu Chen, Avraham Ebenstein, and Hongbin Li. 2013. Proceedings of the National Academy of Sciences, 110(32):12936-12941.
Toward an Understanding of Learning by Doing: Evidence from an Automobile Assembly Plant
Steven D. Levitt, John A. List, and Chad Syverson, 2013. Journal of Political Economy, 121(4):643-81.
Glass-Steagall: A Requiem
Lucas, Robert E. 2013. American Economic Review, 103(3): 43-47.
Benefit Cost Analysis for Financial Regulation
Posner, Eric, and E. Glen Weyl. 2013. American Economic Review, 103(3): 393-97.
Testing for Racial Differences in the Mental Ability of Young Children
Fryer, Roland G., and Steven D. Levitt. 2013. American Economic Review, 103(2): 981-1005.
The Importance of Being Marginal: Gender Differences in Generosity
DellaVigna, Stefano, John A. List, Ulrike Malmendier, and Gautam Rao. 2013. American Economic Review, 103(3): 586-590.
The 2007 Subprime Market Crisis Through the Lens of European Central Bank Auctions for Short-Term Funds
Cassola, Nuno, Ali Hortacsu, and Jakub Kastl. 2013. Econometrica, 81(4): 1309-1345.
Pass-Through as an Economic Tool: Principles of Incidence under Imperfect Competition
Weyl, E. Glen and Michal Fabinger. 2013. Journal of Political Economy, 121(3): 528-583.
Market Power Screens Willingness-to-Pay
Weyl, E. Glen and Jean Tirole. 2012. Quarterly Journal of Economics, 127(4): 1971-2003.
A Model of Moral-Hazard Credit Cycles
Myerson, Roger. 2012. Journal of Political Economy, 120(5): 847-78.
Pay for Percentile
Barlevy, Gadi, and Derek Neal. 2012. American Economic Review, 102(5): 1805-1831.
Valuing Dealers' Informational Advantage: A Study of Canadian Treasury Auctions
Hortacsu, Ali and Jakub Kastl. 2012. Econometrica, 80(6): 2511-42.
Durable Consumption and Asset Management with Transaction and Observation Costs
Alvarez, Fernando, Luigi Guiso, and Francesco Lippi. 2012. American Economic Review, 102(5): 2272-2300.
Testing Models of Consumer Search Using Data on Web Browsing and Purchasing Behavior
De Los Santos, Babur, Hortacsu, Ali, and Matthijis R. Wildenbeest. 2012. American Economics Review, 102(6): 2955-80.
Testing for Altruism and Social Pressure in Charitable Giving
DellaVigna, Stefano, John A. List, and Ulrike Malmendier. 2012. The Quarterly Journal of Economics, 127(1): 1-56.
On the Asymptotic Optimality of Empirical Likelihood for Testing Moment Restrictions
Kitamura, Yuichi, Andres Santos, and Azeem M. Shaikh. 2012. Econometrica, 80(1): 413-23.
Stakes Matter in Ultimatum Games
Andersen, Steffen, Seda Ertaç, Uri Gneezy, Moshe Hoffman, and John A. List. 2011. American Economic Review, 101(7): 3427–39.
Optimal Price Setting With Observation and Menu Costs
Alvarez, Fernando E., Francesco Lippi, and Luigi Paciello. 2011. The Quarterly Journal of Economics, 126(4): 1909-1960.
Estimating Marginal Returns to Education
Carneiro, Pedro, James J. Heckman, and Edward J. Vytlacil. 2011. American Economic Review, 101(6): 2754–81.