My #EconTop50: #22 Barro’s 1974 “Are Government Bonds Net Wealth?” (some implications of loving parents in OLG model) http://t.co/zm6XEgTfvL
2013-06-13 02:05:09My #EconTop50: #23 Rothschild and Stiglitz’ 1976 “Equilibrium in Competitive Insurance Markets” (modeling screening) http://t.co/vXWvgv2UeJ
2013-06-13 11:46:19My #EconTop50: #24 Dornbusch’s 1976 “Expectations and Exchange Rate Dynamics” (the celebrated overshooting model) http://t.co/tkd0jOAaAM
2013-06-13 21:41:11My #EconTop50: #25 Kydland and Prescott’s 1977 “Rules rather than Discretion: The Inconsistency of Optimal Plans” http://t.co/mmRTUUdNdV
2013-06-14 03:20:02My #EconTop50: #26 Dornbusch, Fischer and Samuelson’s 1977 “A Ricardian Model with a Continuum of Goods’’ (beautiful) http://t.co/xy49JpVNI1
2013-06-14 08:21:38My #EconTop50: #27 Lucas’ 1978 “On the Size Distribution of Business Firms” (Lucas' span of control model) http://t.co/uzfzcjb71S
2013-06-14 21:04:15My #EconTop50: #28 Hall 1978 “Stochastic Implications of the Life Cycle-Permanent Income Hypothesis” (C~ random walk) http://t.co/WWZ0DZFkIb
2013-06-15 01:48:30My #EconTop50: #29 Krugman’s 1979 “A Model of Innovation, Technology Transfer, and the World Distribution of Income” http://t.co/x2eSoAMnk1
2013-06-15 09:52:19My #EconTop50: #30 Hölmstrom’s 1979 “Moral Hazard and Observability” (informative signals for compensation) http://t.co/EaxzMv5H19
2013-06-15 21:04:00My #EconTop50: #31 Krugman 1980 “Scale Economies, Product Differentiation & the Pattern of Trade” (new trade theory) http://t.co/r76c38fV5G
2013-06-16 05:13:20My #EconTop50: #32 Myerson’s 1981 “Optimal Auction Design” (revelation principle and revenue equivalence) http://t.co/SEZtKSMxa6
2013-06-16 10:38:37My #EconTop50: #33 Rubinstein’s 1982 “Perfect Equilibrium in a Bargaining Model” (game of alternating offers → Nash) http://t.co/PQCSM9qFHn
2013-06-16 22:36:26My #EconTop50: #34 Jovanovic’s 1982 “Selection and the Evolution of Industry” (seminal paper on industry dynamics) http://t.co/cBz802VeH2
2013-06-17 03:14:33My #EconTop50: #35 Diamond’s 1982 “Aggregate Demand Management in Search” (the Coconut Model - read the conclusion) http://t.co/WjrQKAvIsv
2013-06-17 08:20:13My #EconTop50: #36 Crawford and Sobel’s 1982 “Strategic Information Transmission” (seminal paper on cheap talk) http://t.co/eePF1nkCT7
2013-06-17 21:36:27My #EconTop50: #37 Shapiro and Stiglitz’ 1984 “Equilibrium Unemployment as a Worker Discipline Device” (no shirking!) http://t.co/rVOXXMDUTx
2013-06-18 02:50:52My #EconTop50: #38 Lucas’ 1988 “On the Mechanics of Economic Development” (key paper in the revival of growth theory) http://t.co/Dn3iatl92o
2013-06-18 07:39:22My #EconTop50: #39 Kiyotaki and Wright’s 1989 “On Money as a Medium of Exchange” (a deep model of money) http://t.co/GDeq03YWwm
2013-06-18 21:08:58My #EconTop50: #40 Murphy, Shleifer and Vishny’s 1989 “Industrialization and the Big Push” (modern Rosenstein-Rodan) http://t.co/3kTFg0bXFR
2013-06-19 02:17:40My #EconTop50: #41 @PaulMRomer's 1990 “Endogenous Technological Change” (‘really endogenous’ growth theory) http://t.co/kAqSIselS8
2013-06-19 05:55:22My #EconTop50: #42 Hart and Moore 1990 “Property Rights and the Nature of the Firm” (benefits & costs of integration) http://t.co/mfx1EeUZcg
2013-06-19 20:52:02My #EconTop50: #43 Barro’s 1991 “Economic Growth in a Cross Section of Countries” (the birth of 'Barro regressions') http://t.co/omrqWnCSVz
2013-06-20 01:50:27My #EconTop50: #44 Kremer’s 1993 “The O-Ring Theory of Economic Development” (implications of high complementarity) http://t.co/BOM94SKABx
2013-06-20 05:54:30My #EconTop50: #45 Alesina and @RodrikDani’s 1994 “Distributive Politics and Economic Growth” (inequality and growth) http://t.co/Eh9vblZ9ne
2013-06-20 20:23:14My #EconTop50: #46 Grossman and Helpman’s 1994 “Protection for Sale” (common agency, lobbying and trade policy) http://t.co/dI6uJi4ere
2013-06-21 01:11:43