Econometrica

Journal Of The Econometric Society

An International Society for the Advancement of Economic
Theory in its Relation to Statistics and Mathematics

Edited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262

Econometrica - Volume 88

Issue 1

Testing Models of Social Learning on Networks: Evidence from Two Experiments

Arun G. Chandrasekhar, Horacio Larreguy, Juan Pablo Xandri
p. 1-32

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Frontmatter of Econometrica Vol. 88 Iss. 1

p. i-ii

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Endogenous Production Networks

Daron Acemoglu, Pablo D. Azar
p. 33-82

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The Global Diffusion of Ideas

Francisco J. Buera, Ezra Oberfield
p. 83-114

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Heterogeneity and Persistence in Returns to Wealth

Andreas Fagereng, Luigi Guiso, Davide Malacrino, Luigi Pistaferri
p. 115-170

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Forecasting with Dynamic Panel Data Models

Laura Liu, Hyungsik Roger Moon, Frank Schorfheide
p. 171-201

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Savage's P3 is Redundant

Lorenz Hartmann
p. 203-205

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Nonlinear Pricing in Village Economies

Orazio Attanasio, Elena Pastorino
p. 207-263

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Sampling-Based versus Design-Based Uncertainty in Regression Analysis

Alberto Abadie, Susan Athey, Guido W. Imbens, Jeffrey M. Wooldridge
p. 265-296

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Informational channels of financial contagion

Isabel Trevino
p. 297-335

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Forthcoming Papers

p. 337-337

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The Econometric Society Annual Reports Report of the Secretary

Annual Reports
p. 339-350

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The Econometric Society Annual Reports Report of the Treasurer

Annual Reports
p. 351-360

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The Econometric Society Annual Reports Report of the Editors 2018–2019

Annual Reports
p. 361-364

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The Econometric Society Annual Reports Econometrica Referees 2018–2019

Annual Reports
p. 365-376

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The Econometric Society Annual Reports Report of the Editors of the Monograph Series

Annual Reports
p. 377-379

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Submission of Manuscripts to the Econometric Society Monograph Series

p. 381-381

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Backmatter of Econometrica Vol. 88 Iss. 1

p. iii-v

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Issue 2

Contract Enforcement and Productive Efficiency: Evidence from the Bidding and Renegotiation of Power Contracts in India

Nicholas Ryan
p. 383-424

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Credible Auctions: A Trilemma

Mohammad Akbarpour, Shengwu Li
p. 425-467

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Nonlinear Tax Incidence and Optimal Taxation in General Equilibrium

Dominik Sachs, Aleh Tsyvinski, Nicolas Werquin
p. 469-493

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Perfect Conditional ε-Equilibria of Multi-Stage Games With Infinite Sets of Signals and Actions

Roger B. Myerson, Philip J. Reny
p. 495-531

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Liberation Technology: Mobile Phones and Political Mobilization in Africa

Marco Manacorda, Andrea Tesei
p. 533-567

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The Speed of Innovation Diffusion in Social Networks

Itai Arieli, Yakov Babichenko, Ron Peretz, H. Peyton Young
p. 569-594

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The Balance Condition in Search-and-Matching Models

Stephan Lauermann, Georg Nöldeke, Thomas Tröger
p. 595-618

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Time Lotteries and Stochastic Impatience

Patrick DeJarnette, David Dillenberger, Daniel Gottlieb, Pietro Ortoleva
p. 619-656

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Geography, Transportation, and Endogenous Trade Costs

Giulia Brancaccio, Myrto Kalouptsidi, Theodore Papageorgiou
p. 657-691

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Generalized Belief Operator and Robustness in Binary-Action Supermodular Games

Daisuke Oyama, Satoru Takahashi
p. 693-726

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Diversity and Conflict

Cemal Eren Arbatlı, Quamrul H. Ashraf, Oded Galor, Marc Klemp
p. 727-797

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Arrovian Aggregation of Convex Preferences

Florian Brandl, Felix Brandt
p. 799-844

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Forthcoming Papers

p. 845-845

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Backmatter of Econometrica Vol. 88 Iss. 2

p. iii-v

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Issue 3

Understanding Doctor Decision Making: The Case of Depression Treatment

Janet M. Currie, W. Bentley MacLeod
p. 847-878

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Age of Marriage, Weather Shocks, and the Direction of Marriage Payments

Lucia Corno, Nicole Hildebrandt, Alessandra Voena
p. 879-915

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The Folk Theorem in Repeated Games with Anonymous Random Matching

Joyee Deb, Takuo Sugaya, Alexander Wolitzky
p. 917-964

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Efficient and Incentive-Compatible Liver Exchange

Haluk Ergin, Tayfun Sönmez, M. Utku Ünver
p. 965-1005

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Selection Without Exclusion

Bo E. Honoré, Luojia Hu
p. 1007-1029

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Estimation of a Roy/Search/Compensating Differential Model of the Labor Market

Christopher Taber, Rune Vejlin
p. 1031-1069

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Tradability and the Labor-Market Impact of Immigration: Theory and Evidence From the United States

Ariel Burstein, Gordon Hanson, Lin Tian, Jonathan Vogel
p. 1071-1112

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Understanding HANK: Insights from a PRANK

Sushant Acharya, Keshav Dogra
p. 1113-1158

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Randomization and Ambiguity Aversion

Shaowei Ke, Qi Zhang
p. 1159-1195

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Unbundling Polarization

Nathan Canen, Chad Kendall, Francesco Trebbi
p. 1197-1233

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Social Learning Equilibria

Elchanan Mossel, Manuel Mueller‐Frank, Allan Sly, Omer Tamuz
p. 1235-1267

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Inferring Cognitive Heterogeneity from Aggregate Choices

Valentino Dardanoni, Paola Manzini, Marco Mariotti, Christopher J. Tyson
p. 1269-1296

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Forthcoming Papers

p. 1297-1297

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2019 Election of Fellows to the Econometric Society

p. 1299-1303

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Backmatter of Econometrica Vol. 88 Iss. 3

p. iii-v

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Issue 4

Frontmatter of Econometrica Vol. 88 Iss. 4

p. i-ii

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Invited Papers and Discussions

p. 1305-1305

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State Capacity, Reciprocity, and the Social Contract

Timothy Besley
p. 1307-1335

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A Comment on: “State Capacity, Reciprocity, and the Social Contract” by Timothy Besley

Samuel Bowles
p. 1337-1343

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A Comment on: “State Capacity, Reciprocity, and the Social Contract” by Timothy Besley

Alberto Bisin
p. 1345-1349

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A Comment on: “State Capacity, Reciprocity, and the Social Contract” by Timothy Besley

Elias Papaioannou
p. 1351-1358

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Reply to: Comments on “State Capacity, Reciprocity, and the Social Contract”

Timothy Besley
p. 1359-1362

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On the Empirical Validity of Cumulative Prospect Theory: Experimental Evidence of Rank-Independent Probability Weighting

B. Douglas Bernheim, Charles Sprenger
p. 1363-1409

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Optimal Transport Networks in Spatial Equilibrium

Pablo D. Fajgelbaum, Edouard Schaal
p. 1411-1452

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Estimating the Effect of Treatments Allocated by Randomized Waiting Lists

Clément de Chaisemartin, Luc Behaghel
p. 1453-1477

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Social Media and Protest Participation: Evidence from Russia

Ruben Enikolopov, Alexey Makarin, Maria Petrova
p. 1479-1514

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Realized Semicovariances

Tim Bollerslev, Jia Li, Andrew J. Patton, Rogier Quaedvlieg
p. 1515-1551

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On the Geography of Global Value Chains

Pol Antràs, Alonso de Gortari
p. 1553-1598

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Revision Games

Yuichiro Kamada, Michihiro Kandori
p. 1599-1630

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Cheap Talk with Transparent Motives

Elliot Lipnowski, Doron Ravid
p. 1631-1660

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Algorithms for Stochastic Games with Perfect Monitoring

Dilip Abreu, Benjamin Brooks, Yuliy Sannikov
p. 1661-1695

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Reputation and the Flow of Information in Repeated Games

Eduardo Faingold
p. 1697-1723

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Statistical Inference in Games

Yuval Salant, Josh Cherry
p. 1725-1752

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Diverging Tests of Equal Predictive Ability

Michael W. McCracken
p. 1753-1754

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Rational Bubbles in UK Housing Markets: Comment on “No-Bubble Condition: Model-Free Tests in Housing Markets”

David Domeij, Tore Ellingsen
p. 1755-1766

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Reply to “Rational Bubbles in UK Housing Markets”

Stefano Giglio, Matteo Maggiori, Johannes Stroebel
p. 1767-1770

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Forthcoming Papers

p. 1771-1771

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Fellows of the Econometric Society July, 2020

p. 1773-1789

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Submission of Manuscripts to the Econometric Society Monograph Series

p. 1791-1791

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Backmatter of Econometrica Vol. 88 Iss. 4

p. iii-v

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Issue 5

Frontmatter of Econometrica Vol. 88 Iss. 5

p. i-ii

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Matching with Complementary Contracts

Marzena Rostek, Nathan Yoder
p. 1793-1827

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A Structural Econometric Analysis of Network Formation Games Through Subnetworks

Shuyang Sheng
p. 1829-1858

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Leave-out estimation of variance components

Patrick Kline, Raffaele Saggio, Mikkel Sølvsten
p. 1859-1898

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Paralyzed by Fear: Rigid and Discrete Pricing under Demand Uncertainty

Cosmin Ilut, Rosen Valchev, Nicolas Vincent
p. 1899-1938

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Non-Clairvoyant Dynamic Mechanism Design

Vahab Mirrokni, Renato Paes Leme, Pingzhong Tang, Song Zuo
p. 1939-1963

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Eliminating Uncertainty in Market Access: The Impact of New Bridges in Rural Nicaragua

Wyatt Brooks, Kevin Donovan
p. 1965-1997

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Segmentary Lineage Organization and Conflict in Sub-Saharan Africa

Jacob Moscona, Nathan Nunn, James A. Robinson
p. 1999-2036

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Heterogeneous Markups, Growth, and Endogenous Misallocation

Michael Peters
p. 2037-2073

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Optimal Monitoring Design

George Georgiadis, Balazs Szentes
p. 2075-2107

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Dynamic Spatial Panel Models: Networks, Common Shocks, and Sequential Exogeneity

Guido M. Kuersteiner, Ingmar R. Prucha
p. 2109-2146

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Analysis of Testing-Based Forward Model Selection

Damian Kozbur
p. 2147-2173

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Reputation Effects under Interdependent Values

Harry Pei
p. 2175-2202

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Bootstrap-Based Inference for Cube Root Asymptotics

Matias D. Cattaneo, Michael Jansson, Kenichi Nagasawa
p. 2203-2219

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Corrigendum to “Trading and Information Diffusion in Over-the-Counter Markets”

Ana Babus, Péter Kondor, Yilin Wang
p. 2221-2228

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Forthcoming Papers

p. 2229-2229

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Backmatter of Econometrica Vol. 88 Iss. 5

p. iii-v

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Issue 6

Frontmatter of Econometrica Vol. 88 Iss. 6

p. i-ii

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On the Informativeness of Descriptive Statistics for Structural Estimates

Isaiah Andrews, Matthew Gentzkow, Jesse M. Shapiro
p. 2231-2258

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A Comment on: “On the Informativeness of Descriptive Statistics for Structural Estimates” by Isaiah Andrews, Matthew Gentzkow, and Jesse M. Shapiro

Stéphane Bonhomme
p. 2259-2264

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A Comment on: “On the Informativeness of Descriptive Statistics for Structural Estimates” by Isaiah Andrews, Matthew Gentzkow, and Jesse M. Shapiro

Yuichi Kitamura
p. 2265-2269

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A Comment on: “On the Informativeness of Descriptive Statistics for Structural Estimates” by Isaiah Andrews, Matthew Gentzkow, and Jesse M. Shapiro

Andres Santos
p. 2271-2276

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Reply to: Comments on “On the Informativeness of Descriptive Statistics for Structural Estimates”

Isaiah Andrews, Matthew Gentzkow, Jesse M. Shapiro
p. 2277-2279

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Misinterpreting Others and the Fragility of Social Learning

Mira Frick, Ryota Iijima, Yuhta Ishii
p. 2281-2328

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Frontier Culture: The Roots and Persistence of “Rugged Individualism” in the United States

Samuel Bazzi, Martin Fiszbein, Mesay Gebresilasse
p. 2329-2368

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Tackling Youth Unemployment: Evidence from a Labor Market Experiment in Uganda

Livia Alfonsi, Oriana Bandiera, Vittorio Bassi, Robin Burgess, Imran Rasul, Munshi Sulaiman, Anna Vitali
p. 2369-2414

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Why is Productivity Correlated with Competition?

Matthew Backus
p. 2415-2444

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Targeting Interventions in Networks

Andrea Galeotti, Benjamin Golub, Sanjeev Goyal
p. 2445-2471

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Financial Heterogeneity and the Investment Channel of Monetary Policy

Pablo Ottonello, Thomas Winberry
p. 2473-2502

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On the Effect of Parallel Trade on Manufacturers' and Retailers' Profits in the Pharmaceutical Sector

Pierre Dubois, Morten Sæthre
p. 2503-2545

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Inference Under Random Limit Bootstrap Measures

Giuseppe Cavaliere, Iliyan Georgiev
p. 2547-2574

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Sequential Information Design

Laura Doval, Jeffrey C. Ely
p. 2575-2608

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Labor Share Decline and Intellectual Property Products Capital

Dongya Koh, Raül Santaeulàlia‐Llopis, Yu Zheng
p. 2609-2628

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Mechanism Design with Aftermarkets: Cutoff Mechanisms

Piotr Dworczak
p. 2629-2661

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Cheap Talk with Endogenous Conflict of Interest

Nemanja Antić, Nicola Persico
p. 2663-2695

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Dynamic Noisy Rational Expectations Equilibrium with Insider Information

Jerome Detemple, Marcel Rindisbacher, Scott Robertson
p. 2697-2737

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Micro to Macro: Optimal Trade Policy with Firm Heterogeneity

Arnaud Costinot, Andrés Rodríguez‐Clare, Iván Werning
p. 2739-2776

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Forthcoming Papers

p. 2777-2778

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The Econometric Society 2019 Annual Report of the President

p. 2779-2786

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Backmatter of Econometrica Vol. 88 Iss. 6

p. iii-v

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