In this paper, I introduce two new treatments into learning-to-forecast experiments: an initial anchor and a limited information treatment. The initial anchor pins down the subjects’ initial expectations and makes cross-treatment results more comparable. In the limited information treatment,...

This paper analyzes the interactions between labor and housing (and land) markets in a city. We develop a monocentric city model involving land development and frictional unemployment and characterize the city's spatial configurations in equilibrium. To better understand the properties of...

We propose an urban search‐matching model with land development. Wages, unemployment, prices of housing and land are endogenously determined. We characterize the steady‐state equilibrium and then discuss the issue of efficiency. To explore interactions among markets, we implement comparative...

We examine the effect of a large-scale administrative reorganization in China, where counties are annexed into cities to accommodate urban growth. We present a simple model to illustrate how this annexation may affect firm entry decisions and in turn land market outcomes. Using nationwide data...

This paper examines the effects of antidumping (AD) investigations on the employment of firms in investigated countries. We utilized firm-level data from China and data on the AD investigations launched against China by the United States. To measure the intensity of the AD investigations, an AD...

Monoamine neurotransmitters such as L-epinephrine (EPI), norepinephrine (NE), dopamine (DA), and serotonin (ST) are important biomarkers for neurological diseases. However, specific detection of a single monoamine neurotransmitter is challenging. In this work, a water-stable fluorescent...

In this paper we use a modified neoclassical business cycle model to test two competing explanations of the expansion of the 1990s. The model can have indeterminate, multiple equilibria that give rise to expectation-driven business cycles. We fit into the model series of estimated speculative...

We introduce increasing returns to scale into an otherwise standard New Keynesian model with capital, and study the determinacy and E-stability of Taylor-type interest rate rules. With very mild increasing returns supported by empirical research, the conventional wisdom regarding the design of...

In this paper we use a modified neoclassical business cycle model to test two competing explanations of the expansion of the 1990s. The model can have indeterminate, multiple equilibria that give rise to expectation-driven business cycles. We fit into the model series of estimated speculative...