MIT Dept. of Economics Working Papers Series: Recent submissions

Now showing items 7-9 of 1293

    • The Rise and Fall of Economic History at MIT 

      Temin, Peter (Cambridge, MA: Department of Economics, Massachusetts Institute of Technology, 2013-06-05)
      This paper recalls the unity of economics and history at MIT before the Second World War, and their divergence thereafter. Economic history at MIT reached its peak in the 1970s with three teachers of the subject to graduates ...

    • Perspectives, Opinions, and information Flows 

      Sethi, Rajiv; Yildiz, Muhamet (Cambridge, MA: Department of Economics, massachusetts Institute of Technology, 2013-12-06)
      Consider a group of individuals with unobservable perspectives (subjective prior beliefs) about a sequence of states. In each period, each individual receives private information about the current state and forms an opinion ...

    • The Value of Connections in Turbulent Times: Evidence from the United States 

      Acemoglu, Daron; Johnson, Simon; Kermani, Amir; Kwak, James; Mitton, Todd (Cambridge, MA: Department of Economics, Massachusetts institute of Technology, 2013-11-27)
      The announcement of Timothy Geithner as nominee for Treasury Secretary in November 2008 produced a cumulative abnormal return for financial firms with which he had a connection. This return was about 6% after the first ...