Title:Can Non-Linear Time Series Models Generate US Business Cycle Asymmetric Shape?
Author(s):GALVAO, Ana Beatriz C.Date:2002Type of Publication:ArticleAbstract:Fifteen univariate non-linear time series models of US output are evaluated by their ability to reproduce the asymmetric shape of the US business cycle. Two models account for the growth being faster after a trough and ...
Title:Can Stabilization Policies Be Efficient?
Author(s):SAIDI, AurélienDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper makes use of optimal control relaxed problems to prove the absence of optimal trajectory in continuous time models with social increasing returns to scale where indeterminacy occurs. Although an efficient optimal ...
Title:Can the Natural Resource Curse Be Turned into a Blessing? The Role of Trade Policies and Institutions
Author(s):AREZKI, Rabah; VAN DER PLOEG, FrederickDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We criticise existing empirical results on the detrimental effects of natural resource
dependence on the rate of economic growth after controlling for institutional quality,
openness and initial income. These results do ...
Title:Can Trade Help Poor People? The Role of Trade, Trade Policy and Market Access in Tanzania
Author(s):DUYGAN, Burcu; BUMP, Jesse BDate:2007Type of Publication:ArticleAbstract:Many development economists prescribe trade as a poverty-reducing formula. But how is this elixir supposed to work? This article contributes to the lively debate on this topic with household evidence from Tanzania — a poor ...
Title:The Career Costs of Children
Author(s):ADDA, Jérôme; DUSTMANN, Christian; STEVENS, KatrienDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper analyzes the life-cycle career costs associated with child rearing and decomposes their effects into unearned wages (as women drop out of the labor market), loss of human capital, and selection into more ...
Title:Cash-on-Hand and the Duration of Job Search. Quasi-Experimental Evidence from Norway
Author(s):BASTEN, Christoph; FAGERENG, Andreas; TELLE, KjetilDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months’ earnings at the ...