PAUL JOHNSON
  • HOME
  • BLOG
  • Kiviq Software Instructions
  • Kaivik Software Instructions
  • Kaivik Manuscript and instructions
  • Original Vernon Smith Double Auction Experiment Paper
  • Experimental Economics Labs
  • Economic Education Resources
  • Kaivik Manuscript and more instructions

Only Paul Could Go To Changchun

A new working paper on Investment Horizons, Price Indeterminacy, and Financial Markets

7/3/2015

 
By  Shinichi Hirota, Juergen Huber, Thomas Stöck, and Shyam Sunder.


Normally I would not post about financial markets experiments, but this one uses a design with overlapping generations. There is a substantial body of macroeconomic theory that is based on overlapping generations in the models. So just from a design standpoint this is interesting.


BTW the MIT economist Paul Samuelson pioneered the overlapping generations idea, and he was a teacher of ... Ronald Jones.  Academic macroeconomics is a small world.


http://cowles.econ.yale.edu/P/cd/d20a/d2001.pdf














Comments are closed.
Proudly powered by Weebly