Browsing Department of Economics (ECO) by Title
Now showing items 169-188 of 2471
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Title:Business cycle (de)synchronization in the aftermath of the global financial crisis : implications for the Euro Area Author(s):BEKIROS, Stelios D.; KHUONG NGUYEN, Duc; UDDIN, Gazi Salah; SJÖ, BoDate:2015Citation:Studies in nonlinear dynamics & econometrics, 2015, Vol. 19, No. 5, pp. 609–624Type:ArticleAbstract:The introduction of Euro currency was a game-changing event intended to induce convergence of Eurozone business cycles on the basis of greater monetary and fiscal integration. The benefit of participating into a common ...
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Title:Business Cycle Analysis and VARMA Models Author(s):KASCHA, Christian; MERTENS, KarelDate:2006Type:Working PaperSeries/Number:EUI ECO; 2006/37Abstract:An important question in empirical macroeconomics is whether structural vector autoregressions (SVARs) can reliably discriminate between competing DSGE models. Several recent papers have sug- gested that one reason SVARs ... -
Title:Business cycle measurement with some theory Author(s):CANOVA, Fabio; PAUSTIAN, MatthiasDate:2011Citation:Journal of Monetary Economics, 2011, Vol. 58, No. 4, pp. 345-361Type:ArticleAbstract:A method to evaluate cyclical models not requiring knowledge of the DGP and the exact speci?cation of the aggregate decision rules is proposed. We derive robust restrictions in a class of models; use some to identify ...
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Title:Business Cycle Synchronization and International Risk Sharing Author(s):CERQUEIRA, Pedro AndreDate:2007Citation:Florence, European University Institute, 2007Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:no abstract available
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Title:Business Cycles for G7 and European Countries Author(s):ARTIS, Michael J.; KONTOLEMIS, Zenon G.; OSBORN, Denise R.Date:1997Citation:Journal of Business, 1997, 70, 2, 249-279Type:ArticleAbstract:This article proposes classical business cycle turning points for the G7 and a number of European countries based on industrial production. This enables us to examine the international nature of cyclical movements free ...
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Title:Buyers' Coordination and Entry Author(s):MOTTA, Massimo; FUMAGALLI, ChiaraDate:2001Type:Working PaperSeries/Number:CEPR Discussion Paper; 2001/2908
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Title:Buyers' Miscoordination, Entry and Downstream Competition Author(s):FUMAGALLI, Chiara; MOTTA, MassimoDate:2008Citation:Economic Journal, 2008, 118, 531, 1196-1222Type:ArticleAbstract:This article shows that buyers' coordination failures might prevent entry in an industry with an incumbent firm and a more efficient potential entrant. If there were a single buyer, or if all buyers formed a central ...
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Title:Buying Frenzies Author(s):COURTY, PascalDate:2005Type:Working PaperSeries/Number:EUI ECO; 2005/27
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Title:Calorie labeling in chain restaurants and body weight : evidence from New York Author(s):RESTREPO, BrandonDate:2014Type:Working PaperSeries/Number:EUI MWP; 2014/05Abstract:This study analyzes the impact of mandatory calorie labeling on body weight and shows that implementation of the policy caused reductions in body mass index and the probability of obesity. The analysis also uncovers evidence ...
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Title:Can Forecasters' Motives Explain Rejection of the Rational Expectations Hypothesis? Author(s):EHRBECK, Tilman; WALDMANN, RobertDate:1994Type:Working PaperSeries/Number:EUI ECO; 1994/02
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Title:Can Non-Linear Time Series Models Generate US Business Cycle Asymmetric Shape? Author(s):GALVAO, Ana Beatriz C.Date:2002Citation:Economics Letters, 2002, 77, 2, 187-194Type: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 ...
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Title:Can Stabilization Policies Be Efficient? Author(s):SAIDI, AurélienDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/01Abstract: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 ...
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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:Working PaperSeries/Number:EUI ECO; 2007/35Abstract: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 ...
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Title:Can the Variables in an Extended Solow Model be Treated as Exogenous? Learning from International Comparisons Across Decades Author(s):VERNER, DorteDate:1995Type:Working PaperSeries/Number:EUI ECO; 1995/20
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Title:Can there be a market for cheap-talk information? : some experimental evidence Author(s):CABRALES, Antonio; FERI, Francesco; GOTTARDI, Piero; MELÉNDEZ-JIMÉNEZ, Miguel A.Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/07Abstract:This paper reports on experiments testing the viability of markets for cheap talk information. We find that these markets are fragile. The reasons are surprising given the previous experimental results on cheap-talk games. ...
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Title:Can Trade Help Poor People? The Role of Trade, Trade Policy and Market Access in Tanzania Author(s):DUYGAN, Burcu; BUMP, Jesse BDate:2007Citation:Development Policy Review, 2007, 25, 3, 293-310Type: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 ...
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Title:Can Waste Improve Welfare? Author(s):PELLONI, Alessandra; WALDMANN, RobertDate:1997Type:Working PaperSeries/Number:EUI ECO; 1997/12
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Title:Can welfare abuse be welfare improving? Author(s):MAZUR, KarolDate:2016Citation:Journal of public economics, 2016, Vol. 141, pp. 11–28Type:ArticleAbstract:I analyze quantitatively a model of labor search with unemployment insurance (UI), savings, voluntary quits and various labor attachment requirements. In particular, I study welfare consequences of a powerful reform giving ... -
Title:Capital maintenance and depreciation over the business cycle Author(s):ALBONICO, Alice; KALYVITIS, Sarantis; PAPPA, EviDate:2014Citation:Journal of Economic Dynamics and Control, 2014, Vol. 39, pp. 273-286Type:ArticleAbstract:This paper develops and estimates a stochastic general equilibrium model with capital maintenance, which affects endogenously the depreciation rate of capital. The estimate of maintenance series is found to track survey-based ...
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Title:Capital structure and investment dynamics with fire sales Author(s):GALE, Douglas; GOTTARDI, PieroDate:2013Type:Working PaperSeries/Number:EUI ECO; 2013/09Abstract:We study a general equilibrium model in which firms choose their capital structure optimally, trading off the tax advantages of debt against the risk of costly default. The costs of default are endogenous: bankrupt firms ...