Grants
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Years granted:
2013, 2014, 2015
Does Financialization Contribute to Growing Income Inequality?
This research project explores whether the financialization of the US economy has contributed to rising income inequality through complementary analyses at the individual, firm and industry levels.
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Years granted:
2013, 2014, 2015
Cognitive Foundations of Economic Microfoundations
This research project formulates a normative theory of learning both preferences and probabilities that explains a broad spectrum of economic behavior heretofore judged irrational.
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Years granted:
2013, 2014, 2015
New-Style Central Banking
This research project investigates the impact of the new style of central banking on the bank’s solvency, its ability to control inflation, and on economic stability.
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Years granted:
2012, 2013, 2014, 2015
Heterogeneous Expectations and Financial Crises (HExFiCs)
This research project develops a new behavioral paradigm of heterogeneous expectations that can help explain the sources of financial and macroeconomic instability and find possible policy remedies.
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Years granted:
2012, 2013, 2014, 2015
Analytical Aspects of Real-Financial Linkages in Systems of Heterogeneous Agents
This research project builds a new generation of models fit to analyze and manage the challenges of governing globalized and interconnected economies.
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Years granted:
2012, 2013, 2014, 2015
Financial Globalization and Macroeconomic Policy
This research project establishes the conditions under which international capital flows are a force for stability, thereby improving the capacity for macroeconomic policy to avoid large boom-bust cycles.
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Years granted:
2012, 2013, 2014
Lifecycle Human Capital Investment, Borrowing Constraints, and Risk
This research project designs and evaluates new strategies that can address the issues of financing human capital investments by developing and estimating a unified framework.
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Years granted:
2012, 2013, 2014
Voter and Consumer Behavior toward Energy Policy through the Lens of New Behavioral Paradigms: A Path to a Sustainable Economy?
This research project discovers how real people, not just the abstractions of traditional economic theory, respond to various possible policy interventions aimed to bring climate change under control and thus which policies will have the biggest impact.
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Years granted:
2013, 2014
Contagion of Sentiment, Investor Trading Activities, and Financial Crises
This research project studies the pricing and liquidity implications of sentiment and disagreement as origins of radical uncertainty in financial markets.
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Years granted:
2012, 2013, 2014
State-Contingent Environmental Policy
This research project proposes linking emission fees to actual temperatures, thereby helping to break the policy stalemate and reach agreement on an effective policy.
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Years granted:
2013, 2014
Managing Uncertainty: An Anthropology of Financialization in post-Mao China
This research project develops a new field of anthropology: the anthropology of financialization, focusing on China and two main institutions of financialization, management consultancies and fund managers.
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Years granted:
2013, 2014
Countervailing Monetary Power: Emerging Markets and the Re-Regulation of Cross-Border Finance
This resarch project examines the economic theory, policy, and international political economy of cross border finance in the run up to and in the wake of the global financial crisis of 2008.
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Years granted:
2013, 2014
Impatient Capital in High-Tech Industries
This research project analyzes the role of investment in the operation and performance of three broad high-technology sectors: communication technology, biopharmaceutical drugs and medical technologies, and wind power, solar power, electric vehicles, and the smart grid.
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Years granted:
2013, 2014
A Theory of Financial Market Instability Even Under Perfect Conditions: Bubbles and Crashes in Rational Belief Equilibrium
This research project seeks to develop a theory of how bubbles and crashes can arise even when all agents are rational, informed, and trading in perfect markets.
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Years granted:
2013, 2014
Dynamic Contagion Mechanisms in Financial Networks
This research project develops a novel framework to capture both instantaneous and dynamic contagion mechanisms arising in financial networks when balance sheet linkages across entities exist.