Archives for CORE

For the first session of this new reading group, we will discuss: Bisin, A., & Verdier, T. (2010). The economics of cultural transmission and socialization. NBER Working Paper No. w16512. Prepared for the Handbook of Social Economics Angrist, J. D. (2014). The perils of peer effects....

The More We Die, The More We Sell? A Simple Test of the Home-Market Effect Arnaud Costinot, MIT The home-market effect, first hypothesized by Linder (1961) and later formalized by Krugman (1980), is the idea that countries with larger demand for some products at home tend to have larger sales...

Uneven Growth in the Extensive Margin: A New Explanation for the Divergence of Agricultural Economies Guzmán Ourens, IRES Expanding the set of goods produced is typically a part of economic development. We document a new growth fact by showing that growth in the extensive margin is far from...

Funding Constrainsts and Market Liquidity in the European Treasury Bond Market Sophie MOINAS, Toulouse School of Economics (Joint with Minh Nguyen and Giorgio Valente) Theoretical studies show that shocks to funding constraints should affect and be affected by market liquidity. However,...