In an environment that features second-degree price discrimination, this paper fully characterizes the set of surplus divisions that can arise from all possible information consumers have about their valuation. By extending the techniques developed in a companion paper (Yang, 2019a), I show that...

Combination of forecasts from survey data is complicated by the frequent entry and exit of individual forecasters which renders conventional least squares regression approaches infeasible. We explore the consequences of this issue for existing combination methods and propose new methods for...

This paper uses a life cycle model to predict the induced entry effects of a reduction in the effective tax rate applied to Social Security Disability Insurance recipients from 100% under the status quo to a 50% tax rate (i.e. $1 dollar benefit reduction for every $2 earned over a disregard...