Title:Financial intermediation, house prices, and the distributive effects of the U.S. great recession
Author(s):MENNO, Dominik; OLIVIERO, TommasoDate:2013Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper quantifies the effects of credit spread and income shocks on aggregate house prices and households’ welfare. We address this issue within a stochastic dynamic general equilibrium model with heterogeneous households ...
Title:Cooperation hidden frontiers : the behavioral foundations of the Italian north-south divide
Author(s):BIGONI, Maria; BORTOLOTTI, Stefania; CASARI, Marco; GAMBETTA, Diego; PANCOTTO, FrancescaDate:2013Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Socio-economic performance differs not only across countries but within countries too and can persist even after religion, language, and formal institutions are long shared. One interpretation of these disparities is that ...
Title:Market regulation and firm performance : the case of smoking bans in the United Kingdom
Author(s):ADDA, Jérôme; BERLINSKI, Samuel; MACHIN, StephenDate:2012Type of Publication:ArticleAbstract:This paper analyzes the effects on firms of a ban on smoking in public places. Our empirical strategy relies on comparing outcomes in Scotland before and after the Scottish smoking ban (introduced in March 2006) with those ...
Title:Structural vector autoregressions with Markov switching : identification via heteroskedasticity
Author(s):NETŠUNAJEV, AlekseiDate:2013Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:Structural vector autoregressions are of great importance in applied macroeconometric work. The main di culty associated with structural analysis is to identify unique shocks of interest. In a conventional approach this ...
Title:Three essays on frictional labour markets
Author(s):POTHIER, DavidDate:2013Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:This thesis contributes to the understanding of how socio-economic factors affect the functioning of modern labour markets. It belongs to the strand of academic literature that departs from the standard Walrasian model of ...