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Submissions from 2014

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Specification Testing for Transformation Models, Arthur LEWBEL, Xun LU, and Liangjun SU Working Paper

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The National Innovation System of Singapore, Winston T. H. KOH and Philip PHAN Book Chapter

Wage, Income and Consumption Inequality in Japan, 1981-2008: from Boom to Lost Decades, Ken YAMADA, Jeremy Lise, Nao Sudo, Michio Suzuki, and Tomoaki Yamada Journal Article

Submissions from 2013

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Forecasting Inflation with a Financial Conditions Index: The Case of Singapore, Hwee Kwan CHOW Journal Article

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

Microfinance Competition: Motivated Microlenders, Double Dipping and Default, Brishti GUHA and Prabal Roy Chowdhury Journal Article

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Minimum Investment Requirement, Financial Integration and Economic (In)stability: A Refinement to Matsuyama (2004), Haiping ZHANG Working Paper

Persistence of Mutual Fund Ratings: A Markov Chain Approach, Aurobindo GHOSH; Choo Yong, Jeremy GOH; and Wee Seng Ng Presentation

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Predictive Regression under Various Degrees of Persistence and Robust Long-Horizon Regression, Peter C. B. PHILLIPS and Ji Hyung LEE Journal Article

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Quasi-Maximum Likelihood Estimation for Spatial Panel Data Regressions, Zhenlin YANG Working Paper

RMB Internationalization and ASEAN Economic Dynamism, Kim Song TAN Conference Paper

Shrinkage Estimation of Dynamic Panel Data Models with Interactive Fixed Effects, Xun LU and Liangjun SU Report

Skill-Upgrading in Developing Countries Alters Global Production Chains, Amanda JAKOBSSON Blog Post

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Testing for Indirect Reciprocity in Charitable Activities, Christine HO Journal Article

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Testing Homogeneity in Panel Data Models with Interactive Fixed Effects, Liangjun SU and Qihui CHEN Journal Article

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Egalitarian Division under Leontief Preferences, Jin LI and Jingyi XUE Journal Article

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Estimation of time-varying adjusted probability of informed trading and probability of symmetric order-flow shock, Daniel PREVE and Yiu Kuen TSE Journal Article

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From coercion to politics to law: The evolution of property rights protection, Fali HUANG Working Paper

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Intermediate input sharing in the hospital service industry, Jing LI Journal Article

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Limit Theory for an Explosive Autoregressive Process, Xiaohu WANG and Jun YU Working Paper

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Relook Link Between Low Wages and Foreign Workers, Hian Teck HOON News Article

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Singapore's Housing Policies: 1960-2013, Sock Yong PHANG and Kyunghwan KIM Book Chapter

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An Exploratory Study on the Adoption and Use of ICT in Myanmar, Sim Kim LAU, Graham K. WINLEY, Sim Yee LAU, and Kim Song TAN Journal Article

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Detecting Bubbles in Hong Kong Residential Property Market, Matthew S. YIU, Jun YU, and Lu JIN Journal Article

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Guns and Crime Revisited, Brishti GUHA Journal Article

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Minimum Wage in a Deflationary Economy: The Japanese Experience, 1994-2003, Ryo KAMBAYASHI, Daiji KAWAGUCHI, and Ken YAMADA Journal Article

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Nonparametric dynamic panel data models: Kernel estimation and specification testing, Liangjun SU and Xun LU Journal Article

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Nonparametric Regression Estimation with General Parametric Error Covariance: A More Efficient Two-step Estimator, Liangjun SU, Aman ULLAH, and Yun WANG Journal Article

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Robust virtual implementation with almost complete information, Takashi KUNIMOTO Working Paper

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Affordable fares, sustainable public transport: The Fare Review Mechanism Committee Report, Sock Yong PHANG Report

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A Spatial Analysis of the Italian Second Republic, Massimiliano LANDI and Ricardo PELIZZO Journal Article

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Geographic decomposition of inequality in health and wealth: Evidence from Cambodia, Tomoki FUJII Journal Article

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Geographic decomposition of inequality in health and wealth: Evidence from Cambodia, Tomoki FUJII Journal Article

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Grandchild Care, Intergenerational Transfers, and Grandparents’ Labor Supply, Christine HO Working Paper

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Heteroskedasticity and Non-normality Robust LM Tests of Spatial Dependence, Badi H. BALTAGI and Zhenlin YANG Journal Article

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Modeling myopia: Application to non-renewable resource extraction, Tomoki FUJII Journal Article

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Robust Bayesian model selection, Yong LI and Jun YU Working Paper

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Semiparametric Estimation in Triangular System Equations with Nonstationarity, Jiti GAO and Peter C. B. PHILLIPS Journal Article

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Shrinkage empirical likelihood estimator in longitudinal analysis with time-dependent covariates: Application to modeling the health of Filipino children, Denis H. Y. LEUNG, Dylan S. SMALL, Jing QIN, and Min ZHU Journal Article

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Contract Enforcement: A Political Economy Model of Legal Development, Fali HUANG Journal Article

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Housing policies in Singapore: Evaluation of recent proposals and recommendations for reform, Sock Yong PHANG, David Kuo Chuen LEE, Alan CHEONG, Kok Fai PHOON, and Karol WEE Conference Paper

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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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On the effect and remedies of shrinkage on classification probability estimation, Zhengxiao WU, Yufeng LIU, and Zhengxiao WU Journal Article

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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

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

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