The extensive coverage of household surveys in conflict regions in recent decades has fueled a growing literature on the microeconomic effects of war. In this paper, we use a unique panel dataset to quantify the impact of the Nepalese civil conflict on schooling attainment. Given longitudinal...

The subject of civil war has received significant attention in recent years, due to numerous episodes of intrastate armed conflict around the world. However, more work remains to be done in quantifying the effects of civil wars on the welfare of individuals, as well as in uncovering the precise...

The extensive coverage of household surveys in conflict regions in recent decades has fueled a growing literature on the microeconomic effects of war. Most researchers identify these effects using econometric methods, with difference-indifferences – which exploits variation across birth...

This paper deals with the identification and estimation of dynamic games when players’ beliefs about other players’ actions are biased, i.e., beliefs do not represent the probability distribution of the actual behavior of other players conditional on the information available....

We derive marginal conditions of optimality (i.e., Euler equations) for a general class of Dynamic Discrete Choice (DDC) structural models. These conditions can be used to estimate structural parameters in these models without having to solve for or approximate value functions. This result...

The development of two-step econometric methods for dynamic structural models has afforded researchers the ability to estimate models with large state spaces without having to compute a full solution of the model even once. However, regardless of the method used for estimation, the...

We exploit the introduction of pedestrian countdown signals—timers that indicate when traffic lights will change—to evaluate a policy that improves the information of all market participants. We find that although countdown signals reduce the number of pedestrians struck by automobiles, they...

Most studies analyzing the adjustments of workers to discrimination focus on sorting decisions, such as occupations workers pursue. We instead analyze on-the-job adjustments, focusing on the effects of discrimination by consumers. Specifically, using extraordinary data from a large-scale...

This paper deals with the identification and estimation of dynamic games when players' beliefs about other players' actions are biased, i.e., beliefs do not represent the probability distribution of the actual behavior of other players conditional on the information available. First, we show...

This paper considers the problem of an imperfectly informed regulator constrained in his choice of environmental regulation by the political opposition of those affected by the policy. We compare the value of two types of information to the regulator: the social cost of pollution and the...