Title: Dynamic Concern for Misspecification

Abstract: We consider an agent who posits a set of probabilistic models for the

payoff-relevant outcomes. The agent has a prior over this set but fears the
actual model is omitted and hedges against this possibility. The concern for
misspecification is endogenous: If a model explains the previous
observations well, the concern attenuates. We show that different static
preferences under uncertainty (subjective expected utility, maxmin, robust
control) arise in the long run, depending on how quickly the agent becomes
unsatisfied with unexplained evidence and whether they are misspecified. The
misspecification concern's endogeneity naturally induces behavior cycles,
and we characterize the limit action frequency. This model is consistent
with the evidence on monetary policy cycles and choices in the face of
complex tax schedules.

Title: More powerful Difference-in-difference (co-authored with Yang Ning).

Title: Homeward Bound: How Migrants Seek Out Familiar Climates (with Marguerite Obolensky, Charles A Taylor)..

There will be two presentations:

1. Elaheh Fatemi Pour - Title: Natives' Demand for Immigrant Integration and Economic Contribution: Experimental Evidence from the UK

2. Anisha Garg - Title: Safe Travels: Transport Advancement and Women’s Safety in India

Title: The effects of government spending under trend inflation: theory and empirics