Advances in Economics and Econometrics
Tenth World Congress

The second volume of edited papers from the Tenth World Congress of the Econometric Society 2010.

Daron Acemoglu (Edited by), Manuel Arellano (Edited by), Eddie Dekel (Edited by)

9781107674165, Cambridge University Press

Paperback / softback, published 13 May 2013

564 pages, 60 b/w illus. 33 tables
22.7 x 15.2 x 3 cm, 0.75 kg

This is the second of three volumes containing edited versions of papers and commentaries presented at invited symposium sessions of the Tenth World Congress of the Econometric Society, held in Shanghai in August 2010. The papers summarize and interpret key developments in economics and econometrics, and they discuss future directions for a wide variety of topics, covering both theory and application. Written by the leading specialists in their fields, these volumes provide a unique, accessible survey of progress on the discipline. The first volume primarily addresses economic theory, with specific focuses on nonstandard markets, contracts, decision theory, communication and organizations, epistemics and calibration, and patents.

Part I. Finance: 1. Macroeconomics with financial frictions: a survey Markus K. Brunnermeier, Thomas M. Eisenbach and Yuliy Sannikov
Part II. Political Economy: 2. Institutional comparative statics James A. Robinson and Ragnar Torvik
3. The political economy of mass media Andrea Prat and David Strömberg
4. Comments on Prat and Strömberg, and Robinson and Torvik Marco Battaglini
5. Job search, labor force participation, and wage rigidities Robert Shimer
6. From wages to welfare: decomposing gains and losses from rising inequality Jonathan Heathcote, Kjetil Storesletten and Giovanni L. Violante
Part III. Trade and Firm Dynamics: 7. Trade liberalization and firm dynamics Ariel Burstein and Marc J. Melitz
8. International trade: linking micro and macro Jonathan Eaton, Samuel Kortum and Sebastian Sotelo
Part IV. Growth: 9. Structural development accounting Gino Gancia, Andreas Müller and Fabrizio Zilibotti
10. Misallocation, economic growth, and input-output economics Charles I. Jones
Part V. Frisch Lecture: 11. Trade and labor market outcomes Elhanan Helpman, Oleg Itskhoki and Stephen Redding
Part VI. Perspectives on Chinese Economic Growth: 12. The China miracle demystified Justin Y. Lin
13. Is precocious export sophistication a source of China's growth success? Computing the share of domestic value added in exports when processing trade is prevalent Robert Koopman, Zhi Wang and Shang-Jin Wei
14. Perspectives on China's economic growth patent rights Yingyi Qian.

Subject Areas: Finance [KFF], Political economy [KCP], International economics [KCL], Econometrics [KCH], Macroeconomics [KCB]