ECON 643 Advanced Readings in Economics
Summer 2015

Contact Information:
                        Office Location:  425 WCOB
                        Phone: 575-6226
                        email:
cdeck@walton.uark.edu
                        Office Hours:  by appointment.

Download a copy of the course syllabus

The class is scheduled to meet in 405 from 1:30-3:00, but the time and location are subject to change.

Class Schedule (tentative and subject to change)

Date

Topic

Faculty

Papers

5/26

Real Exchange Rates

Gu

Mark P. Taylor, David A. Peel, and Lucio Sarno. 2001. “Nonlinear mean-reversion in real exchange rates: toward a solution to the purchasing power parity puzzles” International Economic Review.

 

Jingping Gu, Qi Li, and Jian Yang. 2013. “Fiscal deficits and mean reversion in real exchange rates”, Economics Letters, 118, 300-303.

6/2

Randomized Field Experiments in  Education

Gaduh

Banerjee, Arbhifjit, Rukim Banerji, Esther Duflo, Rachel Glennerster, and Stuti Khemani. 2010. “Pitfalls of Participatory Program: Randomized Evaluation in Education in India.” American Economic Journal: Economic Policy 2(1), 1-30.

Pradhan, Menno, Daniel Suryadarma, Amanda Beatty, Maisy Wong, Arya Gaduh, Armida Alisjahbana, and Rima Prama Artha. 2014. “Improving Educational Quality through Enhancing Community Participation: Results from a Randomized Field Experiment in Indonesia.” American Economic Journal: Applied Economics, 6(2): 105-26.

6/9

Prediction Markets

Deck

Plott, Charles R., and Shyam Sunder. 1988. “Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets.” Econometrica 56 (5): 1085–1118.

 

Deck, Cary, Li Hao and Dave Porter. “Do Prediction Markets Aid Defenders in a Weak-Link Contest?” working paper, University of Arkansas.

6/16

Efficiency

Ferrier

Ferrier, Gary, Herve Lelu, Vivian Valmanis, Michael Vardanyan. A Directional Distance Function Approach for Identifying the Input/Output Status of Medical Residents, working paper.

 

Ferrier, Gary and Vivian Valdmanis.  Peer Effects and Efficiency:  The Influence of Competitors’ Performance on Hospital Efficiency. Working paper.

6/23

Networks

Kali

Kali, Raja, Javier Reyes, Josh McGee, and Stuart Shirrell. 2013. “Growth Networks.” Journal of Development Economics

Jackson, Matthew. “The Past and Future of Network Analysis in Economics.” Oxford Handbook on the Economics of Networks.  forthcoming 

6/30

Field Experiments

Hao

Hossain and List. 2012. “The Behavioralist Visits the Factory: Increasing Productivity Using Simple Framing Manipulations.” Management Science 58 (12), pp. 2151-2167.

Holm, Opper, and Nee.  2013. “Entrepreneurs Under Uncertainty:  An Economic Experiment in China.” Management Science 59(7):1671-1687.

7/7

Inequality

Koh

Loukas Karabarbounis & Brent Neiman. 2014. "Global Decline of the Labor Share" QJE

 

Dongya Koh, Raul Santaeulalia-Llopis, & Yu Zheng. 2015. “Labor Share Decline and the Capitalization of Intellectual Property Products,” working paper. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2546974

7/14

Law & Econ

Farmer

Bebchuk, Lucian Arye. 1984. "Litigation and Settlement Under Imperfect Information." RAND Journal of Economics 15 (Autumn): 404-415.

 

“Discovery and Disclosure with Asymmetric Information and Endogenous Spending at Trial” (2013). Journal of Legal Studies. 42(1). 223-247. With Paul Pecorino.

Announcements:

This website may not have current information and is not binding.  It is the student's responsibility to keep up with the class schedule, current assignments and announcements as they are made in class.