Research: JIM COSTAIN

Papers on UNEMPLOYMENT INSURANCE
Papers on BUSINESS CYCLES
Papers on STRATEGIC COMPLEMENTARITIES, MULTIPLICITY, and HERDING
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Productivity Shocks and the Business Cycle: Reconciling Recent VAR Evidence.
Joint with Beatriz de Blas Pérez (U. Navarra). Work in progress.

Employment Fluctuations with Downwards Wage Rigidity.
Joint with Marcel Jansen (U. Carlos III). Feb. 2006, revised Aug. 2006.

Stabilization versus Insurance: Welfare Effects of Procyclical Taxation under Incomplete Markets.
Joint with Michael Reiter (U. Pompeu Fabra). Nov. 2004, revised Aug. 2005.

Multiple Outcomes of Speculative Behavior in Theory and in the Laboratory.
Joint with Frank Heinemann (U. Munich) and Peter Ockenfels (U. Frankfurt). Nov. 2004, revised Apr. 2005.

Business Cycles, Unemployment Insurance, and the Calibration of Matching Models.
Joint with Michael Reiter (U. Pompeu Fabra). CESifo Working Paper #1008, Aug. 2003; U. Pompeu Fabra Economics Working Paper #872, July 2005; revised Oct. 2006.

A Herding Perspective on Global Games and Multiplicity.
U. Carlos III Economics Working Paper 03-29 (08), May 2003; revised July 2006.

On Payoff Heterogeneity in Games with Strategic Complementarities.
Joint with Antonio Ciccone (U. Pompeu Fabra). Oxford Economic Papers, 56 (4), Oct. 2004, pp. 701-34.

Computing Business Cycles with Endogenous Risk.
Joint with Michael Reiter (U. Pompeu Fabra). March 2001.

A Simple Model of Multiple Equilibria Based on Risk.
U. Pompeu Fabra Economics Working Paper #407, July 1999; revised Oct. 2000.

On the Quantitative Importance of Wage Bargaining Models.
U. Pompeu Fabra Economics Working Paper #262, Jan. 1998.

Unemployment Insurance with Endogenous Search Intensity and Precautionary Saving.
U. Pompeu Fabra Economics Working Paper #243, Nov. 1997. Latest version: Nov. 1999.

A Note on Wage Bargaining in Matching Models.
March 1996.

General Equilibrium Unemployment Insurance: the Exponential Utility Case.
Nov. 1995.

The Battle of the Box: a Two-Agent Rational Choice Model of Conflict and Property Rights.
June 1992.


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Bank of Spain
U. Pompeu Fabra Economics
U. Carlos III Economics
UC Santa Cruz Economics