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Professor Dora Costa, Chair of UCLA’s Economics Department & Kenneth L. Sokoloff Chair in Economic History, was recently featured in The Atlantic for her paper, “Intergenerational transmission of paternal trauma among US Civil War ex-POWs.” According to The Atlantic: The most recent [article] is a new study in the Proceedings of the National Academy of Sciences this week by researchers […]
ABSTRACT: In the unconditional moment restriction model of Hansen (), specification tests and more efficient estimators are both available whenever the number of moment restrictions exceeds the number of parameters of interest. We show that a similar relationship between potential refutability of a model and existence of more efficient estimators is present in much broader settings. […]
ABSTRACT: We propose a method for using instrumental variables (IV) to draw inference about causal effects for individuals other than those affected by the instrument at hand. Policy relevance and external validity turn on the ability to do this reliably. Our method exploits the insight that both the IV estimand and many treatment parameters can […]
ABSTRACT: This paper analyzes a general equilibrium economy featuring input‐output connections, imperfect competition, and external economies of scale owing to entry and exit. The interaction of input‐output networks with industry‐level market structure affects the amplification of shocks and the pattern of diffusion in the model, generating cascades of firm entry and exit across the economy. […]
ABSTRACT: Buyers often search across sellers to learn which product best fits their needs. We study how sellers manage these search incentives through their disclosure strategies (e.g., product trials, reviews, and recommendations) and ask how competition affects information provision. If sellers can observe the beliefs of buyers or can coordinate their strategies, then there is […]
John J. McCall Born: February 28, 1933, Chicago, IL Died: September 24, 2018, Ojai, CA Professor John J. McCall was an emeritus professor of economics at UCLA. He received his BA from University of Notre Dame and his MBA and PhD from the University of Chicago. After receiving his PhD in 1959 he worked full-time […]
By John G. Riley, a Distinguished Professor of Economics at UCLA The UCLA Department of Economics is saddened to announce the passing of Professor Emeritus John J. McCall (February 28, 1933—September 24, 2018), he was 85 years old. John received his BA from University of Notre Dame and his MBA and in 1959 his PhD […]
Elham Saeidinezhad is a lecturer of Economics at UCLA. Her recent research lies at the intersection of macroeconomics, finance, and law. She teaches monetary economics, money and banking and macroeconomics.
The UCLA Department of Economics extends a heartfelt congratulations to Professor Kathleen McGarry on being elected to the National Senate for Phi Beta Kappa. Founded in 1776, it is the nation’s most prestigious academic honor society. It has chapters at 286 colleges and universities in the United States, nearly 50 alumni associations, and more than […]
Xin’s LinkedIn page, consisting of names that commonly adorn the tallest skyscrapers in Manhattan, reflects the illustrious career of the young alumnus. In the seven years following her departure from the Hills of Westwood, she has achieved what is considerable success for most people. However, Xin is not most people. Her propitious forays into the […]
UCLA Department of Economics