Second Annual Economics Seminar

Research Seminar in International Economics

This paper attempts to study the usage of the GATT/WTO dispute settlement mechanism and to explain its patterns across different regimes and decades, using a unified theoretical model. This study first explores the role of the degree of legal controversy over a panel ruling in determining countries’ incentives to block/appeal a panel report under the GATT/WTO regime. The model is able to explai...

Department of Economics – Neuroeconomics Seminar

Department of Economics Seminar Series

Recent work on econometric detection mechanisms has shown the effectiveness of recursive procedures in identifying and dating financial bubbles. These procedures are useful as warning alerts in surveillance strategies conducted by central banks and fiscal regulators with real time data. Use of these methods over long historical periods presents a more serious econometric challenge due to the co...

Department of Economics – Neuroeconomics Seminar

Seminar in Law , Economics , and Organization

The extent to which firm ownership is concentrated or dispersed varies considerably from country to country. Explanations based on differences in the protection of minority shareholders leave a significant part of the variance unexplained. This paper offers a novel explanation for the variation in ownership concentration across countries based on differences in the quality of labor relations. W...