Accepted Papers

Growth, Housing, and Global Imbalances
Luis Franjo Garcia, Luisa Lambertini, and Serhiy Stepanchuk

An Equilibrium Labor Market Model with Internal and External Referrals
Youze Lang and Youzhi Yang

Sequential Price Setting: Theory and Evidence from a Lab Experiment
Tom-Reiel Heggedal, Leif Helland and Espen R. Moen

Information Acquisition and Diffusion in Markets
Atabek Atayev and Maarten Janssen

Estimation of Production Technologies with Output and Environmental Constraints
Scott E. Atkinson and Rong Luo

Investment Housing Tax Concessions and Welfare: A Quantitative Study for Australia
Yunho Cho, Shuyun May Li and Lawrence Uren

Regulatory Protection and the Role of International Cooperation
Yuan Mei

Monetary Asymmetries (with and) without Price Stickiness
Ivan Jaccard

Regularized GMM for Time-Varying Models with Applications to Asset Pricing
Liyuan Cui, Guanhao Feng and Yongmiao Hong

Optimal Stopping in a Dynamic Salience Model
Markus Dertwinkel-Kalt and Jonas Frey

Do Stronger Patents Lead to Faster Innovation? The Effect of Clustered Search
Nicolas Alexandre Klein and Kaustav Das

Housing Market Discount Rates: Evidence from Bargaining and Bidding Wars
Hans R. A. Koster and Jan Rouwendal

Killer Acquisitions and Beyond: Policy Effects on Innovation Strategies
Igor Letina, Armin Schmutzler and Regina Seibel

Capital Depreciation and Industry Competition: Theory and Evidence
Alicia H. Dang and Roberto M. Samaniego

Interest-Only Mortgages and Consumption Growth: Evidence from a Mortgage Market Reform
Claes Bäckman and Natalia Khorunzhina

Ending Wasteful Year-End Spending: On Optimal Budget Rules in Organizations
Christoph Siemroth

Higher-Order Income Risk Over the Business Cycle
Christopher Busch and Alexander Ludwig

Financial Dollarization in Emerging Markets: An Insurance Arrangement
Husnu Dalgic

Entry Barriers and Growth: The Role of Endogenous Market Structure
Helu Jiang, Yu Zheng and Lijun Zhu

Prominence and Market Power: Asymmetric Oligopoly with Sequential Consumer Search
Makoto Hanazono and Noritaka Kudoh

Spousal Labor Supply, Caregiving, and the Value of Disability Insurance
Siha Lee

Monetary Policy Under Natural Disaster Shocks
Alessandro Cantelmo, Nikos Fatouros, Giovanni Melina, and Chris Papageorgiou

Intertemporal Consumption with Anticipating, Remembering, and Experiencing Selves
Sam Cosaert and Tom Potoms

Asset Diversification versus Climate Action
Christoph Hambel, Holger Kraft, and Frederick van der Ploeg

The Ins and Outs of Selling Houses: Understanding Housing-Market Volatility
L. Rachel Ngai and Kevin Daniel Sheedy

The Cost of Trade Disruptions at Different Stages of Development
Juan Carlos Conesa, Matthew Johnston Delventhal, Pau Pujolas and Gajendran Raveendranathan

Statistical Discrimination and Duration Dependence in a Semi-Structural Model
Ismail Baydur and Jianhuan Xu

Uncertainty, Long-Run, and Monetary Policy Risks in a Two-Country Macro Model
Kimberly A. Berg and Nelson C. Mark

Labor Market Institutions and Fertility
Nezih Guner, Ezgi Kaya and Virginia Sanchez-Marcos

Source Dependence in Effort Provision
Yiting Chen and Songfa Zhong

Inframarginal Travelers and Transportation Policy
Jonathan D. Hall

Trade Shocks and Higher-Order Earnings Risk in Local Labor Markets
Tomas Rodriguez Martinez and Ursula Mattioli Mello

Frictional Sorting: The Impacts of Dual Constraints on Mobility and Housing Supply in China
Wenquan Liang, Ran Song and Christopher Timmins

Corporate Earnings Announcements and Economic Activity
Mirela Sorina Miescu and Haroon Mumtaz

Asset-market Sentiments and Business-cycle Fluctuations
Xuewen Liu, Pengfei Wang and Sichuang Xu

Fighting Collusion: An Implementation Theory Approach
Helmuts Azacis and Peter Vida

2020 Klein Lecture

Investment and Subjective Uncertainty
Nicholas Bloom, Steven J. Davis, Lucia Foster, Scott Ohlmacher, and Itay Saporta-Eksten

Tort Liability and Unawareness
Surajeet Chalravarty, David Kelsey, and Joshua C. Teitelbaum

Household Debt and the Effects of Fiscal Policy
Sami Alpanda, Melissa Hyunji Song, and Sarah Zubairy

Fairness in Incomplete Information Bargaining: Theory and Widespread Evidence from the Field
Daniel Eben Keniston, Bradley Larsen, Shengwu Li, J.J. Prescott, Bernardo S. Silveira, and Chuan Yu

A Model of Gross Capital Flows: Risk Sharing and Financial Frictions
Hyunju Lee

Add-on Pricing over Regional Business Cycles: Evidence from Extended Warranties
Branko Boskovic, Sacha Kapoor, Agnieszka Markiewicz and Barry Scholnick

Middlemen in Search Equilibrium with Intensive and Extensive Margins
Grace Xun Gong and Randall Wright

The Impact of a Large Depreciation on the Cost of Living of Rich and poor Consumers
Anatoli Colicev, Joris Hoste and Jozef Konings