Using the Health and Retirement Study, Goldman and Smith (2002) [“Can patient self-management help explain the SES health gradient?”, PNAS, 99(16), 10929-34] find that poor self-management of health has significant effects on health deterioration and that such poor behavior is less likely to...

India has experienced a much-documented dowry inflation since the 1950s, which has been attributed to a spurt in population growth post-World War II. Will recent declines in fertility lead to a reversal of this trend and a regime of bride price? My paper develops a dynamic general equilibrium...

In their much-cited paper, "Can patient self-management help explain the SES health gradient?" Goldman and Smith (2002) use samples of diabetic and HIV+ patients in the United States to conclude that disease self-management is an important explanation for the much-documented positive gradient in...

This paper studies the role of financial frictions as a barrier to international trade. We investigate new exporter dynamics in order to identify the extent to which these frictions affect export decisions. We study an economy with heterogeneous firms subject to financing constraints and working...

We show, in a very plausible theoretical setting, that control function estimators (CFEs) of firm production function, such as Olley-Pakes, may be biased. The bias will occur, in particular, when investments respond differently to short- and long-lasting changes in productivity. We modify the...