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 2013

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Inconsistent VAR Regression with Common Explosive Roots, Peter C. B. PHILLIPS and Tassos MAGDALINOS Journal Article

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Testing for Multiple Bubbles 1: Historical Episodes of Exuberance and Collapse in the S&P 500, Peter C. B. PHILLIPS, Shu-Ping SHI, and Jun YU Working Paper

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Testing for Multiple Bubbles 2: Limit Theory of Real Time Detectors, Peter C. B. PHILLIPS, Shu-Ping SHI, and Jun YU Working Paper

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Trial and error in influential social networks, Xiaohui BEI, Ning CHEN, Liyu DOU, Xiangru HUANG, and Ruixin QIANG Conference Proceeding Article

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Volatility occupation times, Jia LI, Viktor TODOROV, and George TAUCHEN Journal Article

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Allocative Efficiency, Mark-ups, and the Welfare Gains from Trade, Thomas J. HOLMES, Wen-Tai HSU, and Sanghoon LEE Working Paper

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Is the Renminbi East Asia’s Dominant Reference Currency? A Reconsideration, Hwee Kwan CHOW Conference Paper

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Policy Responses in an Unstable Globalized Economy: Multi-Stressed Low-Earning Families in Singapore, Irene Y. H. NG and Kong Weng HO Book Chapter

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Robust estimation and inference for jumps in noisy high frequency data: A Local-to-Continuity Theory for the pre-averaging method, Jia LI Journal Article

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Singapore’s Growth and Income Inequality, Kong Weng HO Book Chapter

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The consequences of a public health insurance option: Evidence from Medicare Part D prescription drug markets, Daniel P. MILLER and Jungwon YEO Working Paper

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Cost-effective estimation of the population mean using prediction estimators, Tomoki FUJII and Roy VAN DER WEIDE Working Paper

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How Does Childbirth Alter Intrahousehold Resource Allocation?: Evidence from Japan, Tomoki FUJII and Ryuichiro ISHIKAWA Journal Article

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Political Risk and Institutional Quality Difference across Countries: Impacts on FDI by Multinational Firms, Pao Li CHANG and Chia-Hui Lu Report

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Solving Myanmar’s Catch-22, Sim Yee LAU and Kim Song TAN News Article

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Welfare Reform and At-Risk Mothers' Labour Supply, Christine HO Journal Article

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A Nonparametric Poolability Test for Panel Data Models with Cross Section Dependence, Sainan JIN and Liangjun SU Journal Article

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Are tournaments optimal over piece rates under limited liability for the principal?, Kosmas MARINAKIS and Theofanis TSOULOUHAS Journal Article

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Do Singaporeans Spend too Much on Housing?, Sock Yong PHANG Conference Paper

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LM tests of spatial dependence based on bootstrap critical values, Zhenlin YANG Working Paper

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Nonparametric Dynamic Panel Data Models with Interactive Fixed Effects: Sieve Estimation and Specification Testing, Liangjun SU and Yonghui ZHANG Working Paper

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On Domains that Admit Well-Behaved Strategy-Proof Social Choice Functions, Shurojit CHATTERJI, Rezmi SANVER, and Arunava SEN Journal Article

An Economics Approach to Government Support of Housing Projects, Sock Yong PHANG Conference Paper

A Smooth Test for the Equality of Distributions, Anil Bera, Aurobindo Ghosh, and Zhijie XIAO Journal Article

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A Smooth Test for the Equality of Distributions, Anil BERA, Aurobindo GHOSH, and Zhijie XIAO Journal Article

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Collusion set detection using a quasi hidden Markov model, Zhengxiao WU and Xiaoyu WU Journal Article

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Impact of food inflation on poverty in the Philippines, Tomoki FUJII Journal Article

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Local Linear GMM Estimation of Functional Coefficient IV Models with Application to the Estimation of Rate of Return to Schooling, Liangjun SU, Irina MURTAZASHVILI, and Aman ULLAH Journal Article

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Nonparametric Testing for Asymmetric Information, Liangjun SU and Martin SPINDLER Journal Article

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Testing Monotonicity in Unobservables with Panel Data, Liangjun SU, Stefan HODERLEIN, and Halbert WHITE Working Paper

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A note on separability and intra-household resource allocation in a collective household model, Tomoki FUJII and Ryuichiro ISHIKAWA Journal Article

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Bias in the Mean Reversion Estimator in Continuous-Time Gaussian and Lévy Processes, Yong BAO, Aman ULLAH, Yun WANG, and Jun YU Working Paper

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Decomposing the changes of the Divisia price index: Application to inflation in the Philippines, Tomoki FUJII Journal Article

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Optimal City Hierarchy: A Dynamic Programming Approach to Central Place Theory, Wen-Tai HSU, Thomas J. HOLMES, and Frank MORGAN Working Paper

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Robust virtual implementation: Toward a reinterpretation of the Wilson doctrine, Georgy ARTEMOV, Takashi KUNIMOTO, and Roberto SERRANO Journal Article

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A Nonparametric Goodness-of-fit-based Test for Conditional Heteroskedasticity, Liangjun SU and Aman ULLAH Journal Article

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Economics Myths in the Great Population Debate, Donald Low, Lam Keong YEOH, Kim Song TAN, and Manu Bhaskaran Blog Post

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Host Country Financial Development and MNC Activity, L. Kamran BILIR, Davin CHOR, and Manova KALINA Working Paper

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Housing Finance Systems: Market Failures and Government Failures, Sock-Yong PHANG Book

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Schemes Work Hand in Hand to Boost Wages, Hian Teck HOON News Article

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Standardized LM tests for spatial error dependence in linear or panel regressions, Badi H. BALTAGI and Zhenlin YANG Journal Article

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The future of wages in Singapore, Hian Teck HOON News Article

First difference maximum likelihood and dynamic panel estimation, Chirok HAN and Peter C. B. PHILLIPS Journal Article

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Arrow-Fisher-Hanemann-Henry and Dixit-Pindyck Option Values Under Strategic Interactions, Tomoki FUJII and Ryuichiro ISHIKAWA Journal Article

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Background paper: Inequality and the need for a new social compact, Kim Song TAN Book Chapter

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Can a Financial Conditions Index Guide Monetary Policy? The Case of Singapore, Hwee Kwan CHOW Working Paper

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Demography, Development and the Origin of Democracy: A Model with Case Studies of Arachic Athens and Maritime England, Brishti GUHA Working Paper

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Does Competition within the Military Reduce Expropriation?, Madhav S. ANEY and Giovanni Ko Working Paper

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Entropy-Based Analysis and Bioinformatics-Inspired Integration of Global Economic Information Transfer, Jinkyu Kim, Gunn Kim, Sungbae AN, Young-Kyun Kwon, and Sungroh Yoon Journal Article

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Estimation of Monthly Volatility: An Empirical Comparison of Realized Volatility, GARCH and ACD-ICV Methods, Shouwei LIU and Yiu Kuen TSE Working Paper

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Ex Post Destruction in the Hold-up Problem, Huan WANG, Juyuan ZHANG, and Yi ZHANG Working Paper

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Financial Development, International Capital Flows, and Aggregate Output, Jürgen von Hagen and Haiping ZHANG Working Paper

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Financial Mathematics for Actuaries, Wai-Sum Chan and Yiu Kuen Tse Book

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Impact of Sovereign Debt Restructuring on Financial Flows: The Case of Indonesia, Hwee Kwan CHOW and C. Adams News Article

Income Inequality in Singapore, Kim Song TAN Book Chapter

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Intertemporal Substitution in Maternal Labor Supply: Evidence using State School Entrance Age Laws, Rashmi Rekha BARUA Working Paper

Jackknife Model Averaging for Quantile Regressions, X. Lu and Liangjun SU Working Paper

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Micro-finance Competition: Motivated Micro-lenders, Double-dipping and Default, Brishti GUHA and Prabal ROY CHOWDHURY Working Paper

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Monetary Regime Choice in Singapore: Would a Tayor Rule Outperform Exchange-Rate Management?, Hwee Kwan CHOW, G.C. Lim, and P. McNelis Working Paper

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Non-normality and heteroscedasticity robust LM tests of spatial dependence, Badi H. Baltagi and Zhenlin YANG Working Paper

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Nonparametric Dynamic Panel Data Models: Kernel Estimation and Specification Testing, Liangjun SU and Xun LU Working Paper

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No Pass No Drive: Education and Allocation of Time, Rashmi Rekha BARUA and Marian Vidal-Fernandez Working Paper

Public Housing: Appreciating Assets, Sock Yong PHANG Book Chapter

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QML Estimation of Dynamic Panel Data Models with Spatial Errors, Liangjun SU and Zhenlin YANG Working Paper

Quasi-option value under strategic interactions, Tomoki FUJII and R. ISHIKAWA Journal Article

Recent Advances in Panel Data, Nonlinear and Nonparametric Models: A Festschrift in honor of Peter C. B. Phillips, R. Mariano, Z. Xiao, and Jun Yu Journal Article

Specification Test for Panel Data Models with Interactive Fixed Effects, Liangjun SU, Sainan JIN, and Y. Zhang Working Paper

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Testing Conditional Independence via Empirical Likelihood, Liangjun SU and Halbert WHITE Working Paper

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Testing for Common Trends in Semiparametric Panel Data Models with Fixed Effects, Y. Zhang, Liangjun SU, and Peter Charles Bonest PHILLIPS Journal Article

The Euro Crisis: Developments and Implications in Financial Markets, Winston T.H. Koh Book

Variable Selection in Nonparametric and Semiparametric Regression Models, Liangjun SU and Y. Zhang Book Chapter

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Variable Selection in Nonparametric and Semiparametric Regression Models, Liangjun SU and Yonghui ZHANG Book Chapter

Wage, Income and Consumption Inequality in Japan, 1981-2008: From Boom to Lost Decades, Jeremy LISE, Nao SUDO, Michio SUZUKI, Ken YAMADA, and Tomoaki Yamada Working Paper

Submissions from 2012

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Contracting over Prices, Shurojit CHATTERJI and Sayantan GHOSAL Working Paper

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Grandparents as Guards: A Game Theoretic Analysis of Inheritance and Post Marital Residence in a World of Uncertain Paternity, Brishti GUHA Working Paper

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Honesty and Intermediation: Corporate Cheating, Auditor Involvement and the Implications for Takeoff, Brishti GUHA Journal Article

Managing SME Development: The Singapore Experience, Kim Song TAN and Gan LU Conference Paper

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Money and asset prices with uninsurable risks, Nicolas L. JACQUET and Serene TAN Journal Article

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Optimal design of p-value consistent step-up procedures for multiple comparisons with a control in direction-mixed families, Koon Shing KWONG and Siu Hung CHEUNG Journal Article

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Singapore Inflation Expectations: Expecting the Unexpected, Aurobindo GHOSH and Jun YU Working Paper

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The Structure of Strategy-Proof Random Social Choice Functions over Product Domains and Lexicographically Separable Preferences, Shurojit CHATTERJI, Souvik ROY, and Arunava SEN Journal Article

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Dynamic Poverty Decomposition Analysis: An Application to the Philippines, Tomoki FUJII Working Paper

Dynamic Poverty Decomposition Analysis: an Application to the Philippines, Tomoki FUJII Working Paper

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Estimating Dynamic Discrete Choice Models of Product Differentiation: An Application to Medicare Part D with Switching Costs, Daniel P. MILLER and Jungwon YEO Working Paper

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Schooling, Political Participation, and the Economy, Filipe R. CAMPANTE and Davin CHOR Journal Article

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Subgame perfect implementation under information perturbations, Takashi KUNIMOTO, Drew FUDENBERG, Takashi KUNIMOTO, and Oliver TERCIEUX Journal Article

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The coevolution of economic and political development from monarchy to democracy, Fali HUANG Journal Article

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The labor supply and welfare effects of early access to medicare through social security disability insurance, KIM Working Paper

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Trade, firm selection, and industrial agglomeration, Wen-Tai HSU and Ping WANG Journal Article

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A generalized representation theorem for Harsanyi's ('impartial') observer, Simon GRANT, Atsushi KAJII, Ben POLAK, and Zvi SAFRA Journal Article

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An Evolutionary Analysis of Turnout with Conformist Citizens, Massimiliano LANDI and Mauro Sodini Journal Article

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Estimation of high-frequency volatility: An autoregressive conditional duration approach, Yiu Kuen TSE and Thomas Tao YANG Journal Article

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Extension of three-arm non-inferiority studies to trials with multiple new treatments, Koon Shing KWONG, Siu Hung CHEUNG, Anthony J. HAYTER, and Minn-Jye WEN Journal Article

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Foreign Direct Investment: Clearing the Infrastructure Bottlenecks, Kim Song TAN and Sim Yee LAU News Article

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Unilateral measures and emissions mitigation, Shurojit CHATTERJI, Sayantan GHOSAL, Sean WALSH, and John WHALLEY Book Chapter

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Central place theory and city size distribution, Wen-Tai HSU Journal Article

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Economy can be Game Changer for the Region, Kim Song TAN and Sim Yee LAU News Article

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Gambling on Genes: Ambiguity Aversion Explains Investment in Sisters' Children, Brishti GUHA Working Paper

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The Educated Middle Class, their Economics Prospects, and the Arab Spring, Davin CHOR and Filipe R. CAMPANTE Magazine Article

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The Persistence of Goodness, Ashok S. GUHA and Brishti GUHA Journal Article