The collection contains journal articles, magazine articles, book chapters, working papers, conference papers and more written by the faculty at the Singapore Management University School of Economics. The school research areas include Economic Theory, Econometrics, Applied Microeconomics, International Economics, and Macroeconomics.

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Submissions from 2019

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A two-round in-class trading game on the principle of comparative advantage and the theory of reciprocal demand, Bei HONG Journal Article

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Competition, markups, and gains from trade: A quantitative analysis of China between 1995 and 2004, Wen-Tai HSU, Yi LU, and Guiying Laura WU Working Paper

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Econometric estimates of Earth's transient climate sensitivity, Peter C. B. PHILLIPS, Thomas LEIRVIK, and Trude STORELVMO Journal Article

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Financial sector in Singapore, Hwee Kwan CHOW and Sai Fan PEI Book Chapter

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Made in Singapore, Pao-Li CHANG and Phuong T. B. NGUYEN Working Paper

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Monthly spending dynamics of the elderly following a health shock: Evidence from Singapore, Terence C. CHENG, Jing LI, and Rhema VAITHIANATHAN Journal Article

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Nonstationary panel models with latent group structures and cross-section dependence, Wenxin HUANG, Sainan JIN, Peter C. B. PHILLIPS, and Liangjun SU Working Paper

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On factor models with random missing: EM estimation, inference, and cross validation, Liangjun SU, Ke MIAO, and Sainan JIN Working Paper

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Specification tests for temporal heterogeneity in spatial panel models with fixed effects, Yuhong XU and Zhenlin YANG Working Paper

Submissions from 2018

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Coarse revealed preference, Gaoji HU, Jiangtao LI, John K. QUAH, and Rui TANG Working Paper

Commodity return predictability: Evidence from implied variance, skewness and their risk premia, Marinela Adriana Finta and Jose Renato Haas ORNELAS Conference Paper

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Economic dynamism, openness, and inclusion: How Singapore can make the transition from an era of catch-up growth to life in a mature economy, Hian Teck HOON Book

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Forecasting large covariance matrix with high-frequency data: A factor correlation matrix approach, Yingjie DONG and Yiu Kuen TSE Working Paper

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Mild-explosive and local-to-mild-explosive autoregressions with serially correlated errors, Yiu Lim LUI, Weilin XIAO, and Jun YU Working Paper

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Quantile treatment effects and bootstrap inference under covariate-adaptive randomization, Xin ZHENG and Yichong ZHANG Working Paper

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Root-n consistency of intercept estimators in a binary response model under tail restrictions, Lili TAN and Yichong ZHANG Journal Article

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Semiparametric maximum likelihood inference for nonignorable nonresponse with callbacks, Zhong GUAN, Denis H. Y. LEUNG, and Jing QIN Journal Article

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Sources of health financing and health outcomes: A panel data analysis, Tomoki FUJII Journal Article

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Change detection and the causal impact of the yield curve, Shuping SHI, Peter C. B. PHILLIPS, and Stan HURN Journal Article

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Entrepreneurship, college, and credit: The golden triangle, Roberto M. SAMANIEGO and Juliana Yu SUN Journal Article

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Estimation of large dimensional factor models with an unknown number of breaks, Shujie MA and Liangjun SU Journal Article

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Identifying latent grouped patterns in cointegrated panels, Wenxin HUANG, Sainan JIN, and Liangjun SU Working Paper

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Labour research conference 2018: Upskilling of mature workers, Stephen HOSKINS and Luca FACCHINELLO Report

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News co-occurrence, attention spillover, and return predictability, Li GUO, Lin PENG, Yubo TAO, and Jun TU Working Paper

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On incentive compatible, individually rational public good provision mechanisms, Takashi KUNIMOTO and Cuiling ZHANG Working Paper

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On strategy-proofness and the salience of sIngle-peakedness, Shurojit CHATTERJI and Jordi MASSO Journal Article

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Potential crime risk and housing market responses, Seonghoon KIM and Kwan Ok LEE Journal Article

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Revisiting the foundations of dominant-strategy mechanisms, Yi-Chun CHEN and Jiangtao LI Journal Article

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Specification tests based on MCMC output, Yong LI, Jun YU, and Tao ZENG Journal Article

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Strategic sequential bidding for government land auction sales – Evidence from Singapore, Sumit AGARWAL, Jing LI, Ernie TEO, and Alan CHEONG Journal Article

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The grid bootstrap for continuous time models, Yiu Lim LUI, Weilin XIAO, and Jun YU Working Paper

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The impact of in-house unnatural death on property values: Evidence from Hong Kong, Zheng CHANG and Jing LI Journal Article

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Threshold regression asymptotics: From the compound Poisson process to two-sided Brownian motion, Ping YU and Peter C. B. PHILLIPS Journal Article

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A frequentist approach to Bayesian asymptotics, Tingting CHENG, Jiti GAO, and Peter C. B. PHILLIPS Journal Article

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Did the Massachusetts healthcare reform make people happier?, Seonghoon KIM and Kanghyock KOH Working Paper

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Does health insurance make people happier? Evidence from Massachusetts’ healthcare reform, Seonghoon KIM and Kanghyock KOH Working Paper

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Identifying latent grouped patterns in panel data models with interactive fixed effects, Liangjun SU and Gaosheng JU Journal Article

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Volume, volatility, and public news announcements, Tim BOLLERSLEV, Jia LI, and Yuan XUE Journal Article

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Aging suppresses skin-derived circulating SDF1 to promote full-thickness tissue regeneration, Mailyn A. Nishiguchi, Casey A. Spencer, Denis H. Y. LEUNG, and Thomas H. Leung Journal Article

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Comment on: Limit of random measures associated with the increments of a Brownian Semimartingale, Jia LI and Dacheng XIU Journal Article

Determining the number of communities in degree-corrected stochastic block models, Shujie MA, Liangjun SU, and Yichong ZHANG Working Paper

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Does foreign direct investment lead to industrial agglomeration?, Wen-Tai HSU, Yi LU, Xuan LUO, and Lianming ZHU Working Paper

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Editorial for the special issue entitled: New advances in spatial econometrics: Interactions matter, Nicolas DEBARSY and Zhenlin YANG Journal Article

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Geography, trade and power-law phenomena, Pao-Li CHANG and Wen-Tai HSU Working Paper

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Homogeneity pursuit in panel data models: Theory and application, Wuyi WANG, Peter C. B. PHILLIPS, and Liangjun SU Journal Article

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Innovation, firm size distribution, and gains from trade, Yi-Fan CHEN, Wen-Tai HSU, and Shin-Kun PENG Working Paper

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Random assignment of bundles, Shurojit CHATTERJI and Peng LIU Working Paper

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Sharing sequential values in a network, Ruben JUAREZ, Yu Ko CHIU, and Jingyi XUE Journal Article

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Bootstrap LM tests for higher-order spatial effects in spatial linear regression models, Zhenlin YANG Journal Article

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Financial bubble implosion and reverse regression, Peter C. B. PHILLIPS and Shu-Ping SHI Journal Article

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Has the development gap between the ethnic minority and majority groups narrowed in Vietnam?: Evidence from household surveys, Tomoki FUJII Journal Article

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Spatial dynamic panel data models with correlated random effects, Liyao LI and Zhenlin YANG Working Paper

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The role of royalties in resource extraction contracts, Robert F. CONRAD, Robert Bryce HOOL, and Denis NEKIPELOV Journal Article

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Unified M-estimation of fixed-effects spatial dynamic models with short panels, Zhenlin YANG Journal Article

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Asymptotics and bootstrap for random-effects panel data transformation models, Liangjun SU and Zhenlin YANG Journal Article

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Boundary limit theory for functional local to unity regression, Anna BYKHOVSKAYA and Peter C. B. PHILLIPS Journal Article

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Diagnostic tests for homoskedasticity in spatial cross-sectional or panel models, Badi H. BALTAGI, Alain PIROTTE, and Zhenlin YANG Working Paper

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Income inequality, productivity, and international trade, Wen-Tai HSU, Lin LU, and Pierre PICARD Working Paper

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New distribution theory for the estimation of structural break point in mean, Liang JIANG, Xiaohu WANG, and Jun YU Journal Article

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Regional prevalence of health worker absenteeism in Tanzania, Tomoki FUJII Working Paper

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Fair division with uncertain needs, Jingyi XUE Journal Article

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Occupational shortage and labor market adjustments: A theory of islands, Joanne TAN and Riccardo ZAGO Working Paper

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Policy innovations for affordable housing in Singapore: From colony to global city, Sock Yong PHANG Book

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The heterogeneous effects of the minimum wage on employment across states, Wuyi WANG, Peter C. B. PHILLIPS, and Liangjun SU Working Paper

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A Dynamic Network Perspective on the Latent Group Structure of Cryptocurrencies, Li GUO, Yubo TAO, and Wolfgang Karl HARDLE Working Paper

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Director tenure diversity and board monitoring effectiveness, Na LI and Aida Sijamic WAHID Magazine Article

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Income and subjective well-being: Evidence from Singapore's first national non-contributory pension, Yanying CHEN and Yi Jin TAN Working Paper

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Maskin meets Abreu and Matsushima, Yi-Chun CHEN, Takashi KUNIMOTO, Yifei SUN, and Siyang XIONG Working Paper

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The effect of non-contributory pensions on labour supply and private income transfers: Evidence from Singapore, Yanying CHEN and Yi Jin TAN Journal Article

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When does limited commitment matter in a production economy?, Kyoung Jin CHOI and Jungho LEE Working Paper

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Asymptotic inference about predictive accuracy using high frequency data, Jia LI and Andrew J. PATTON Journal Article

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Determination of different types of fixed effects in three-dimensional panels, Xun LU, Ke MIAO, and Liangjun SU Working Paper

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Investment and the long swings of unemployment, Hian Teck HOON, Katsimi MARGARITA, and Gylfi ZOEGA Working Paper

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Deadlier road Accidents? Traffic safety regulations and heterogeneous motorists’ behavior, Christine HO and Madhav S. ANEY Working Paper

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Extremal quantile regressions for selection models and the black-white wage gap, Xavier D'HAULTFOEUILLE, Arnaud MAUREL, and Yichong ZHANG Journal Article

Singapore’s economic development: Pro- or anti-Washington consensus, Nathan PENG and Sock Yong PHANG Journal Article

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A large class of strategy-proof exchange rules with single-peaked preferences, Peng LIU Working Paper

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Impact of electrification on children's nutritional status in rural Bangladesh, Tomoki FUJII, Abu S. SHONCHOY, and Sijia XU Journal Article

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Industrial output fluctuations in developing countries: General equilibrium consequences of agricultural productivity shocks, Iona Hyojung LEE Journal Article

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Integrated deviance information criterion for latent variable models, Yong LI, Jun YU, and Tao ZENG Working Paper

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Limit theory for mildly integrated process with intercept, Yijie FEI Journal Article

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On random social choice functions with the tops-only property, Shurojit CHATTERJI and Huaxia ZENG Journal Article

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On random social choice functions with the tops-only property, Shurojit CHATTERJI and Huaxia ZENG Journal Article

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Return and volatility spillovers between the Renminbi and Asian Currencies, Hwee Kwan CHOW-TAN Journal Article

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Alleviating urban traffic congestion in smart cities, Sock Yong PHANG Book Chapter

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Contributors of Singaporean youths' wellbeing: Life goals, family-community-nation capitals, opportunity and social mobility, Kong Weng HO Book Chapter

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Evidence of racial and geographic disparities in the use of medicare observation stays and subsequent patient outcomes relative to short-stay hospitalizations, Brad WRIGHT, Xuan ZHANG, Momotazur RAHMAN, Mahshid ABIR, Padmaja AYYAGARI, and Keith E. KOCHER Journal Article

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Extremal quantile treatment effects, Yichong ZHANG Journal Article

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Informing medicare's Two-Midnight Rule policy with an analysis of hospital-based long observation stays, Brad WRIGHT, Xuan ZHANG, Momotazur RAHMAN, and Keith KOCHER Journal Article

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Pythagorean generalization of testing the equality of two symmetric positive definite matrices, Jin Seo CHO and Peter C. B. PHILLIPS Journal Article

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Sequential auctions with decreasing reserve prices., Massimiliano LANDI and Domenico MENICUCCI Journal Article

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Sequentially testing polynomial model hypotheses using power transforms of regressors, Jin Seo CHO and Peter C. B. PHILLIPS Journal Article

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The impact of the cost of car ownership on house price gradient in Singapore, Naqun HUANG, Jing LI, and Amanda ROSS Journal Article

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Universalism and the Value of Political Power, Yumi KOH Journal Article

Submissions from 2017

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Bayesian analysis of bubbles in asset prices, Andras FULOP and Jun YU Journal Article

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Business time sampling scheme with applications to testing semi-martingale hypothesis and estimating integrated volatility, Yingjie DONG and Yiu Kuen TSE Journal Article

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Cultural preferences in international trade: Evidence from the globalization of Korean pop culture, Pao-Li CHANG and Iona Hyojung LEE Working Paper

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Dynamic poverty decomposition analysis: An application to the Philippines, Tomoki FUJII Journal Article

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Identifying latent group structures in nonlinear panels, Wuyi WANG and Liangjun SU Working Paper

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Inference in continuous systems with mildly explosive regressors, Ye CHEN, Peter C. B. PHILLIPS, and Jun YU Journal Article