Publications

2005
Gabaix X, Laibson D. Bounded Rationality and Directed Cognition [Working Paper]. 2005.Abstract

We propose a simple boundedly rational model.

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2004
Gabaix X, Ioannides Y. The Evolution of City Size Distributions. In: Handbook of Regional and Urban Economics. Vol. 4; Chapter 53. North-Holland ; 2004. pp. 2341-2378. PDF
2003
Gabaix X, Gopikrishnan P, Plerou V, Stanley HE. A Theory of Power Law Distributions in Financial Market Fluctuations. Nature [Internet]. 2003;423 :267-270. Publisher's VersionAbstract

A theory in which the trades of large funds explain the power law fluctuations of returns, volumes, number of trades, and the link between them.

2002
Gabaix X, Laibson D. The 6D Bias and the Equity Premium Puzzle. NBER Macroeconomiics Annual. 2002;16 :257-312.Abstract

A model of limited attention, in which investors update their information every D period.

PDF
1999
Gabaix X. Zipf's Law for Cities: An Explanation. Quarterly Journal of Economics. 1999;114 (3) :739-767. PDF

Pages