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 2015

An actuarial framework of Singapore's pension program: The CPF LIFE Scheme, Koon Shing KWONG, Yiu Kuen TSE, and Wai-Sum Chan Working Paper

A New Structural Model of U.S. Inflation Dynamics, Sainan JIN Working Paper

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A Prospect Theory of Power Transition: Why Power Transition Does Not Imply War?, Huan WANG and Yi ZHANG Working Paper

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Asian Tiger Economies' choices, Hwee Kwan CHOW-TAN Book Chapter

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Limit theory for an explosive autoregressive process, Xiaohu WANG and Jun YU Journal Article

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Nonparametric threshold regression: Estimation and inference, Daniel J. HENDERSON, Christopher F. PARMETER, and Liangjun SU Working Paper

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On Divergent Dynamics with Ordinary Least Squares Learning, Shurojit CHATTERJI and Ignacio LOBATO Journal Article

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Reputation Building through Failure, Huan WANG and Yi ZHANG Working Paper

Robust Forecast Comparison, Sainan JIN Working Paper

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Semiparametric Analysis in Conditionally Independent Multivariate Mixture Models, T. Wrobel, Denis H. Y. LEUNG, J. Qin, and T. Hettmansperger Book Chapter

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Specification testing for transformation models with an application to generalized accelerated failure-time models, Arthur LEWBEL, Xun LU, and Liangjun SU Journal Article

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Testing linearity using power transforms of regressors, Yae In BAEK, Jin Seo CHO, and Peter C. B. PHILLIPS Journal Article

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Wellbeing of Singapore’s youths, Kong Weng HO Book Chapter

Submissions from 2014

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Business time sampling scheme and its applications to semi-martingale hypothesis and estimating integrated volatility, Yingjie Dong and Yiu Kuen Tse Working Paper

Does Risk Aversion Matter in Directed Search Models, Nicolas Laurent JACQUET and Serene Tan Working Paper

Educational Streaming: Too Early to Disclose Information, Yi ZHANG Working Paper

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Executive overreach by minority governments, Madhav S. ANEY and Shubhankar DAM Working Paper

Further Evidence on the Spatio-Temporal Model of House Prices in the United States, Jing LI and Badi H. Baltagi Journal Article

Granger Causality and Structural Causality in Cross-Section and Panel Data, X. Lu, Liangjun SU, and H. WHITE Working Paper

Measuring Intangible Capital with Uncertainty, Sungbae AN and Nan LI Working Paper

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On bias in the estimation of structural break points, Liang JIANG, Xiaohu WANG, and Jun YU Working Paper

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On Singapore's Future Economic Prospects, Hian Teck HOON Book Chapter

Procompetitive Effect versus Inefficiency from Double Marginalization, Ken Theo ONISHI Working Paper

Sequential Investment, Hold-up and Strategic Delay, Yi ZHANG and Juyuan Zhang Working Paper

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Structural change estimation in time series regressions with endogenous variables, Junhui QIAN and Liangjun SU Journal Article

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Testing the Martingale Hypothesis, Peter C. B. Phillips and Sainan JIN Journal Article

Wasteful division with uncertain claims, Jingyi XUE Working Paper

What Characteristics Make a Person More Likely to Become an Entrepreneur?, Hian Teck Hoon News Article

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

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Governance Matter: Morningstar Stewardship Grades and Mutual Fund Performance, Jerry X. CAO, Aurobindo GHOSH, Jeremy GOH, and Wee Seng NG Working Paper

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Norming rates and limit theory for some time-varying coefficient autoregressions, Offer LIEBERMAN and Peter C. B. PHILLIPS 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 Journal Article

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Trade and divergence in education systems, Fali HUANG and Pao-Li CHANG Journal Article

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Additive nonparametric regression in the presence of endogenous regressors, Deniz OZABACI, Daniel J. HENDERSON, and Liangjun SU Journal Article

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A New Hedonic Regression for Real Estate Prices Applied to the Singapore Residential Market, Jiang LIANG, Peter C. B. PHILLIPS, and Jun YU Working Paper

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Bound estimator of HIV prevalence: Application to Malawi, Tomoki FUJII and Denis H. Y. LEUNG Working Paper

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Complementarity in Institutional Quality in Bilateral FDI Flows, Pao Li CHANG Working Paper

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Does Market Competition Lead to Customization?, Wen-Tai HSU, Yi LU, and Travis NG Journal Article

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Is urban food demand in the Philippines different from China?, Tomoki FUJII Working Paper

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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 Journal Article

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Wage Subsidies as a Tool to Fight Recessions, Hian Teck HOON Journal Article

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A Characterization of Single-Peaked Preferences via Random Social Choice Functions, Shurojit CHATTERJI, Arunava SEN, and Huaxia ZENG Working Paper

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Asymptotic Distribution and Finite-Sample Bias Correction of QML Estimators for Spatial Dependence Model, Shew Fan LIU and Zhenlin YANG Working Paper

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Borrower targeting under microfinance: Competition with motivated microfinance institutions and strategic complementarity, Brishti Guha and Prabal ROY CHOWDHURY Journal Article

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Exchange Rates and Export Structure, Wen-Tai HSU, Yi LU, and Yingke ZHOU Working Paper

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Initial-condition free estimation of fixed effects dynamic panel data models, Zhenlin YANG Working Paper

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Intraday periodicity adjustments of transaction duration and their effects on high-frequency volatility estimation, Yiu Kuen TSE and Yingjie DONG Journal Article

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Modified QML Estimation of Spatial Autoregressive Models with Unknown Heteroskedasticity and Nonnormality, Shew Fan LIU and Zhenlin YANG Working Paper

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Spatial Patterns and Size Distributions of Cities, Wen-Tai Hsu, Tomoya MORI, and Tony E. SMITH Working Paper

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Step-up testing procedure for multiple comparisons with a control for a latent variable model with ordered categorical responses, Yueqiong LIN, Koon Shing KWONG, Siu Hung CHEUNG, and Wai Yin POON Journal Article

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Testing conditional independence via empirical likelihood, Liangjun SU and Halbert WHITE Journal Article

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A Combined Approach to the Inference of Conditional Factor Models, Yan LI, Liangjun SU, and Yuewu XU Working Paper

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A flexible and automated likelihood based framework for inference in stochastic volatility models, Hans J. SKAUG and Jun YU Journal Article

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Assessing market failures in export pioneering activities: A structural estimation approach, Shang-Jin WEI, Ziru WEI, and Jianhuan XU Working Paper

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Bayesian testing volatility persistence in stochastic volatility models with jumps, Xiaobin LIU and Yong LI Journal Article

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CFEnetwork: The Annals of Computational and Financial Econometrics 2nd Issue, E. J. Kontoghiorghes, H. K. Van Dijk, D. A. Belsley, T. Bollerslev, F. X. Diebold, J. M. Dufour, R. Engle, A. Harvey, S. J. Koopman, Peter C. B. PHILLIPS, P. C. B. Phillips, R. J. Smith, M. West, Q. W. Yao, A. Amendola, C. W. S. Chen, C. Chiarella, A. Colubi, M. Deistler, and C. Francq Editorial

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Econometric analysis of continuous time models: A survey of Peter Phillips' work and some new results, Jun YU Journal Article

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Identifying Latent Structures in Panel Data, Liangjun SU, Zhentao SHI, and Peter C. B. PHILLIPS Working Paper

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Jackknife Model Averaging for Quantile Regressions, Xun LU and Liangjun SU Working Paper

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Minimum Investment Requirements, Financial Market Globalization, and Symmetry Breaking, Haiping ZHANG Working Paper

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Nonlinearity Induced Weak Instrumentation, Ioannis Kasparis, Peter C. B. PHILLIPS, and Tassos Magdalinos Journal Article

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Robustify Financial Time Series Forecasting with Bagging, Sainan JIN, Liangjun SU, and Aman ULLAH Journal Article

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Shrinkage Estimation of Regression Models with Multiple Structural Changes, Junhui QIAN and Liangjun SU Working Paper

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Specification Test for Panel Data Models with Interactive Fixed Effects, Liangjun SU, Sainan JIN, and Yonghui ZHANG Working Paper

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The people want the fall of the regime: Schooling, political protest, and the economy, Filipe R. CAMPANTE and Davin CHOR Journal Article

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Unilateral Emissions Mitigation, Spillovers, and Global Learning, Shurojit CHATTERJI, Sayantan GHOSAL, Sean WALSH, and John WHALLEY Journal Article

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Unit Roots In Life: A Graduate Student Story, Peter C. B. PHILLIPS Journal Article

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Governance Matter: Morningstar Stewardship Grades and Mutual Fund Performance, Xiaping Jerry CAO; Aurobindo Ghosh; Choo Yong, Jeremy GOH; and Wee Seng Ng Working Paper

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Bayesian Analysis of Bubbles in Asset Prices, Andras FULOP and Jun YU Working Paper

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How Effective Can Ex Post Destruction Alleviate the Hold-up Problem?, Huan WANG, Juyuan ZHANG, and Yi ZHANG Working Paper

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International Transmission of Interest Rates and the Open Economy Trilemma in Asia, Hwee Kwan CHOW Journal Article

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Marriage and Child Bearing, Kong Weng HO Book Chapter

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Random dictatorship domains, Shurojit CHATTERJI, Arunava SEN, and Huaxia ZENG Journal Article

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Sequential Investment, Hold-up, and Ownership Structure, Juyuan ZHANG and Yi ZHANG Working Paper

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Singapore’s competitiveness at risk, Augustine H. H. TAN News Article

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Trade and Financial Integration, Extensive Margin, and Income Divergence, Haiping ZHANG Working Paper

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Why CPF-Style Systems Generally Work Better, Hian Teck HOON News Article

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A Bayesian Chi-Squared Test for Hypothesis Testing, Yong LI, Xiao-Bin LIU, and Jun YU Working Paper

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Adaptive Nonparametric Regression with Conditional Heteroskedasticity, Sainan JIN, Liangjun SU, and Zhijie XIAO Working Paper

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Deviance information criterion for comparing VAR models, Tao ZENG, Yong LI, and Jun YU Book Chapter

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

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

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Managing Private Vehicles in Asian Cities, Sock-Yong PHANG Conference Paper

Monetary and Currency Policy Management In Asia by Masahiro Kawai, Peter J. Morgan and Shinji Takagi [book review], Hwee Kwan Chow, Kawai M., Morgan P.J., and Takaji S. Book Review

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“Monetary and Currency Policy Management in Asia” by M. Kawai, P.J. Morgan and S. Takaji [book review], Hwee Kwan CHOW-TAN Book Review

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Self-Exciting Jumps, Learning, and Asset Pricing Implications, Andras FULOP, Junye LI, and Jun YU Working Paper

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Specification sensitivity in right‐tailed unit root testing for explosive behaviour, Peter C. B. PHILLIPS, Shuping SHI, and Jun YU Journal Article

Fundamental Law of Highway Congestion: Evidence from National Expressways in Japan, Wen-Tai Hsu and Hongliang Zhang Journal Article

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Maximum likelihood estimation of partially observed diffusion models, Tore Selland KLEPPE, Jun YU, and Hans J. SKAUG Journal Article

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On Confidence Intervals for Autoregressive Roots and Predictive Regression, Peter C. B. PHILLIPS Journal Article

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The fundamental law of highway congestion revisited: Evidence from national expressways in Japan, Wen-Tai HSU and Hongliang ZHANG Journal Article

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A theory of aggregate consumption, Yun K. KIM, Mark SETTERFIELD, and Yuan MEI Journal Article

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Effects of labour taxes on hours of market and home work: The role of international capital mobility and trade, Hian Teck HOON Journal Article

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Further Evidence on the Spatio-Temporal Model of House Prices in the United States, Badi H. BALTAGI and Jing LI Journal Article

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Long-term Health Effects of Malaria Exposure around Birth: Evidence from Colonial Taiwan, Simon CHANG, Belton FLEISHER, Seonghoon KIM, and Shi-Yung LIU Journal Article

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Improving money's worth ratio calculations: The case of Singapore's pension annuities, Joelle H. Y. FONG, Jean LEMAIRE, and Yiu Kuen TSE Journal Article

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Interim equilibrium implementation, Takashi KUNIMOTO Working Paper

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The Influence of State Policy and Proximity to Medical Services on Health Outcomes, Jing LI Journal Article

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

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International Capital Flows in the Model with Limited Commitment and Incomplete Markets, Jürgen von Hagen and Haiping ZHANG Journal Article