## Working Papers

2012

[**Ambiguity Measurement**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Izhakian-AmbiguityMeasurement_Jul2012.pdf), Yehuda Izhakian, Working Paper EC-12-01, Stern School of Business, N.Y.U.---

[**Capital Asset Pricing Under Ambiguity**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Izhakian-CapitalAssetPricing_Feb2012.pdf), Yehuda Izhakian, Working Paper EC-12-02, Stern School of Business, N.Y.U. ---

[**Equilibrium Imitation and Growth**](http://jesseperla.com/papers/perla_tonetti_imitation_and_growth.pdf), Jesse Perla, and Christopher Tonetti, Working Paper EC-12-03, Stern School of Business, N.Y.U. ---

[**Switching Costs and Equilibrium Prices**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Cabral-SwitchingCostsandEquilibriumPrices_Mar2012.pdf), Luis Cabral, Working Paper EC-12-04, Stern School of Business, N.Y.U. ---

[**Long-term Debt and Hidden Borrowing**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Bar-Isaac_Long-termDebtandHiddenBorrowing.pdf), Heski Bar-Isaac, and Vicente Cuñat, Working Paper EC-12-05, Stern School of Business, N.Y.U. ---

[**Market Power: How Does It Arise? How Is It Measured?**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/White_MarketPowerRiseandMeasure.pdf), Lawrence J. White, Working Paper EC-12-06, Stern School of Business, N.Y.U. ---

[**Human Trafficking and Regulating Prostitution**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/NEWLeePersson_HumanTraffickingandRegulatingProstitution.pdf), Samuel Lee, and Petra Persson, Working Paper EC-12-07, Stern School of Business, N.Y.U. ---

[**Reputation for a Servant of Two Masters**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Bar-IsaacDeb_ReputationServantTwoMasters.pdf), Heski Bar-Isaac, and Joyee Deb, Working Paper EC-12-08, Stern School of Business, N.Y.U. ---

[**The Making of America's Imbalances**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Wachtel_MakingAmericasImbalances_Jul2012.pdf), Moritz Schularick, and Paul Wachtel, Working Paper EC-12-09, Stern School of Business, N.Y.U. ---

[**Sovereign Credit Default Swap Premia**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Augustin_SovereignCDS_Apr2012.pdf), Patrick Augustin, Working Paper EC-12-10, Stern School of Business, N.Y.U. ---

[**Does Ambiguity Diversification Pay?**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Izhakian_AmbiguityDiversification_Jul2012.pdf), Yehuda Izhakian, Working Paper EC-12-11, Stern School of Business, N.Y.U. ---

[**The Devil's in the Tail: Residential Mortgage Finance and the U.S. Treasury**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/White-Devil'sintheTail_Jul2012.pdf), W. Scott Frame, Larry D. Wall, and Lawrence J. White, Working Paper EC-12-12, Stern School of Business, N.Y.U. ---

[**A Dollar for Your Thoughts: Feedback-Conditional Rebates on eBay**](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/CabralLi_FeedbackCondtnlRebatesEbay_Jul2012.pdf), Luis Cabral, and Lingfang (Ivy) Li, Working Paper EC-12-13, Stern School of Business, N.Y.U. ---

**[LM Tests for Random Effects](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Greene-LMTestsRandomEffects_Sept2012.pdf)**, William Greene, and Colin McKenzie, Working Paper EC-12-14, Stern School of Business, N.Y.U. ---

**[Should We Regulate Financial Information?](http://people.stern.nyu.edu/lveldkam/pdfs/ratingsKV.pdf)**, Pablo Kurlat, and Laura Veldkamp, Working Paper EC-12-15, Stern School of Business, N.Y.U. ---

**[Germs, Social Networks and Growth](http://people.stern.nyu.edu/lveldkam/pdfs/germs.pdf)**, Alessandra Fogli, and Laura Veldkamp, Working Paper EC-12-16, Stern School of Business, N.Y.U. ---

**[Immunity](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Reddy_Schularick_Skreta-Immunity_Oct2012.pdf)**, Karthik Reddy, Moritz Schularick, and Vasiliki Skreta, Working Paper EC-12-17, Stern School of Business, N.Y.U. ---

**[Standing on the Shoulders of Babies: Dominant Firms and Incentives to Innovate](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Cabral_Polak-DominantFirms_Oct2012.pdf)**, Luis Cabral, and Ben Polak, Working Paper EC-12-18, Stern School of Business, N.Y.U. ---

**[Living Up to Expectations: Corporate Reputation and Sustainable Competitive Advantage](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Cabral_CorpReputation_Oct2012.pdf)**, Luis Cabral, Working Paper EC-12-19, Stern School of Business, N.Y.U. ---

**[Vertical Practices Facilitating Exclusion](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Asker_BarIsaac-VerticalPractices_Oct2012.pdf)**, John Asker and Heski Bar-Isaac, Working Paper EC-12-20, Stern School of Business, N.Y.U. ---

**[Exploring Tax Evasion in the Context of Political Uncertainty](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Katz_Owen_ExploringTaxEvasion_Nov2012.pdf)**, Barbara Katz, and Joel Owen, Working Paper EC-12-21, Stern School of Business, N.Y.U. ---

**["Imbalances" For the Long Run](http://web-docs.stern.nyu.edu/old_web/economics/docs/workingpapers/2012/Henriksen_Lambert_Imbalances_Nov2012.pdf)**, Espen Henriksen, and Frederic Lambert, Working Paper EC-12-22, Stern School of Business, N.Y.U.