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Working Papers

The Heller-Hurwicz Economic Institute fosters research on a variety of topics, including select major socioeconomic problems like climate change, financial regulation, and social insurance. We've collected the working papers by University of Minnesota faculty and affiliated scholars below to encourage commentary and dialogue.

Please contact us if you are interested in sharing your own work.

Latest Update Title Author
December 2016 PDF iconMultidimensional Skills, Sorting, and Human Capital Accumulation Jeremy Lise, Fabien Postel-Vinay
November 2016 PDF iconThe Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship Kyle Herkenhoff, Gordon Phillips, Ethan Cohen-Cole
November 2016 PDF iconMoney Burning in the Theory of Delegation Manuel Amador, Kyle Bagwell
November 2016 PDF iconTake the Short Route: Equilibrium Default and Debt Maturity Mark Aguiar, Manuel Amador, Hugo Hopenhayn, Iván Werning
November 2016 PDF iconExchange Rate Policies at the Zero Lower Bound Manuel Amador, Javier Bianchi, Luigi Bocola, Fabrizio Perri
October 2016 PDF iconFirming Up Inequality Jae Song, David J. Price, Fatih Guvenen, Nicholas Bloom, Till von Wachter
August 2016 PDF iconWhat Do Data on Millions of U.S. Workers Reveal about Life-Cycle Earnings Dynamics? Fatih Guvenen, Fatih Karahan, Serdar Ozkan, Jae Song
July 2016 PDF iconSkewed Business Cycles Sergio Salgado, Fatih Guvenen, Nicholas Bloom
June 2016 PDF iconIntangible Capital and Measured Productivity Ellen McGrattan
May 2016 PDF iconHow Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output Kyle Herkenhoff, Gordon Phillips, Ethan Cohen-Cole
April 2016 PDF iconHealth Insurance Exchange Design in an Empirical Equilibrium Labor Market Model Naoki Aizawa
April 2016 PDF iconThe Envelope Theorem, Euler and Bellman Equations, without Differentiability Ramon Marimon, Jan Werner
December 2015 PDF iconAsymmetric Business Cycle Risk and Government Insurance Christopher Busch, David Domeij, Fatih Guvenen, Rocio Madera
December 2015 PDF iconMultidimensional Skill Mismatch Fatih Guvenen, Burhan Kuruscu, Satoshi Tanaka, David Wiczer
October 2015 PDF icon"Equilibrium Labor Market Search and Health Insurance Reform" Naoki Aizawa, Hanming Fang
October 2015 PDF iconAdvertising and Risk Selection in Health Insurance Markets Naoki Aizawa, You Suk Kim
September 2015 PDF icon"The Impact of Foreclosure Delay on US Unemployment" Kyle Herkenhoff, Lee Ohanian
August 2015 PDF icon"The Impact of Consumer Credit Access on Unemployment" Kyle Herkenhoff
May 2015 PDF iconHousehold Sharing and Commitment: Evidence from Panel Data on Individual Expenditures and Time Use Jeremy Lise, Ken Yamada
March 2015 PDF iconAn Assignment Model of Knowledge Diffusion and Income Inequality Erzo Luttmer
October 2014 PDF iconRegulating a Monopolist with Uncertain Costs without Transfers Manuel Amador, Kyle Bagwell
October 2014 PDF iconThe Glass Ceiling and The Paper Floor: Gender Differences among Top Earners, 1981-2012 Fatih Guvenen, Greg Kaplan, Jae Song
August 2014 PDF icon"Participation in Risk Sharing under Ambiguity" Jan Werner
August 2014 PDF icon"Cooperative Institutions" Piotr Evdokimov, David Rahman
May 2014 PDF icon"Frequent Actions with Infrequent Coordination" David Rahman
March 2014 PDF icon"Speculative Trade under Ambiguity" Jan Werner
March 2014 PDF icon"Personality and Bargaining Power" Piotr Evdokimov, David Rahman
October 2013 PDF iconCrisis and Commitment: Inflation Credibility and the Vulnerability to Sovereign Debt Crises Mark Aguiar, Mark Amador, Emmanuel Farhi, Gita Gopinath
June 2013 PDF icon"Information Delay in Games with Frequent Actions" David Rahman
July 2013 PDF icon"Unemployment, Negative Equity, and Strategic Default" Kristopher Gerardi, Kyle Herkenhoff, Lee Ohanian, Paul Willen
February 2013 PDF iconThe Stolper-Samuelson Effects of a Decline in Aggregate Consumption Erzo Luttmer
October 2012 PDF iconSovereign Debt and the Tragedy of the Commons Manuel Amador
October 2012 PDF icon"Informal Unemployment Insurance and Labor Market Dynamics" Kyle Herkenhoff
August 2012 PDF iconEventually, Noise and Imitation Implies Balanced Growth Erzo Luttmer
March 2012 PDF iconSlow Convergence in Economies with Firm Heterogeneity Erzo Luttmer
January 2012 PDF iconGrowth with a Fixed Factor Erzo Luttmer