Economics

Agricultural pricing policies are crucial for farm profitability and food security in India. This study analysed how input and output prices significantly influence the profitability of cereals in Karnataka, with the strategic support…

This paper studies how to estimate an individual's taste for forming a connection with another individual in a network. It compares the difficulty of estimation with and without the assumption that utility is transferable between…

We propose a method for constructing distribution-free prediction intervals in nonparametric instrumental variable regression (NPIV), with finite-sample coverage guarantees. Building on the conditional guarantee framework in conformal…

We develop a Euclidean path-integral control to characterize optimal firm behavior in an economy governed by Walrasian equilibrium, Pareto efficiency, and non-cooperative Markovian feedback Nash equilibrium. The approach recasts the problem…

Community associations rely heavily on resident surveys to guide decisions about amenities, infrastructure, and services. However, survey responses reflect perceptions that may not directly correspond to underlying operational conditions.…

It has become standard for empirical studies to conduct inference robust to cluster dependence and heterogeneity. With a small number of clusters, the normal approximation for the $t$-statistics of regression coefficients may be poor. This…

In many institutional settings, $k$ items are selected with the goal of representing the underlying distribution of claims, opinions, or characteristics in a large population. We study environments with two adversarial parties whose…

We conduct the first laboratory school choice experiment in which parents-the relevant decision makers in the field-are the experimental subjects. We compare Deferred Acceptance (DA) with two manipulable but potentially more efficient…

Recent advances in generative AI systems have dramatically reduced the cost of digital production, fueling narratives that widespread participation in software creation will yield a proliferation of viable companies. This paper challenges…

India generates substantial volumes of public agricultural data, yet artificial intelligence (AI) adoption in farming remains limited and largely confined to pilot initiatives. This paper examines this gap by assessing India's agricultural…

Computational reproducibility is central to scientific credibility, yet verifying published results at scale remains costly. We develop an AI-assisted workflow for automated full-paper replication -- retrieving materials, reconstructing…

Applied work under interference typically models outcomes as functions of own treatment and a low-dimensional exposure mapping of others' treatments, even when that mapping may be misspecified. We ask what policy object such exposure-based…

This paper introduces a test for fractional integration in a model that possibly contains smooth deterministic trends. We model the trend component using a Chebyshev polynomial and specify the short-run dynamics semi-parametrically,…

This paper proposes a unified theoretical model to identify and test a comprehensive set of probabilistic updating biases within a single framework. The model achieves separate identification by focusing on the updating of belief…

In the Gale-Shapley model of two-sided matching, it is well known that for generic preferences, the outcomes for each side can vary dramatically in the male-optimal vs. female-optimal stable matchings. In this paper, we show that under a…

Modern pretrained time-series foundation models can forecast without task-specific training, but they do not fully incorporate economic behavior. We show that teaching them basic economic logic improves how they predict demand using an…

This paper analyzes the macroeconomic consequences of military spending and militarization within a dynamic growth framework. Building on a Keynesian goods-market model, we examine how the allocation of government expenditure between…

This paper studies firms' optimal response to a trade liberalization shock in terms of export and product innovation both theoretically and empirically. We find that trade liberalization, namely China's WTO accession, reduces trade cost and…

This paper examines how age at migration affects cultural assimilation by studying convergence in gender role attitudes between immigrants and the UK-born population. Although cultural values are central to policy debates about integration…

Scientific innovation often comes from researchers who pivot across disciplines. However, prior work found that established researchers face productivity penalties when pivoting. Here, we investigate the consequences of pivoting at the…