Title:Three essays on the econometric analysis of high frequency financial data
Author(s):OOMEN, Roel C. A.Date:2003Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:This thesis is motivated by the observation that the time series properties of financial security prices can vary fundamentally with their sampling frequency. Econometric models developed for low frequency data may thus ...
Title:Three essays on the economics of public utilities
Author(s):BARONE, AndreaDate:2007Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:Public utilities provide fundamental services both to households and firms. Continuous, adequate, and reasonably priced supplies of water, electricity and gas are essential for healthy living in every modern society. ...
Title:Three essays on the oil-macroeconomy relationship
Author(s):MARAVALLE, AlessandroDate:2008Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:Oil represents a key commodity in the world energy market and it is not a surprise that its price is largely viewed as one of the leading indicator of the global economic health. Therefore, the recent soaring up of the ...
Title:Threshold Learning Dynamics in Social Networks
Author(s):GONZÁLEZ-AVELLA, Juan Carlos; EGUÍLUZ, Victor M.; MARSILI, Matteo; VEGA-REDONDO, Fernando; SAN MIGUEL, MaxiDate:2011Type of Publication:ArticleAbstract:Social learning is defined as the ability of a population to aggregate information, a process which must crucially depend on the mechanisms of social interaction. Consumers choosing which product to buy, or voters deciding ...
Title:The Time-Inconsistency of Alternative Energy Policy
Author(s):D'ARTIGUES, Agnès; PERCEBOIS, Jacques; VIGNOLO, ThierryDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Time-inconsistency can arise when a government attempts to convince
private sector to use a particular alternative energy (gas, green electricity...) rather
than petroleum products. By introducing taxes and feed-in prices, ...
Title:To Begrudge Or Not to Begrudge: Consumption and Leisure Externalities Revisited
Author(s):DUERNECKER, GeorgDate:2008Type of Publication:ArticleAbstract:This article employs a dynamic general equilibrium model to study the implications of a nonstandard preference structure for the short-run dynamics of the economy. Preferences in this model are assumed to contain comparison ...
Title:Towards a Theory of Firm Entry and Stabilization Policy
Author(s):CORSETTI, Giancarlo; BERGIN, PaulDate:2005Type of Publication:Working PaperSeries/Report no.:CEPR Discussion PapersAbstract:This paper explores the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, ...
Title:Towards a Theory of Firm Entry and Stabilization Policy
Author(s):CORSETTI, Giancarlo; BERGIN, PaulDate:2005Type of Publication:Working PaperSeries/Report no.:NBER Working PapersAbstract:This paper studies the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where ...
Title:Towards a Theory of Firm Entry and Stabilization Policy
Author(s):BERGIN, Paul; CORSETTI, GiancarloDate:2005Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper studies the role of stabilization policy in a model where firm entry responds to shocks and uncertainty. We evaluate stabilization policy in the context of a simple analytically solvable sticky price model, where ...
Title:Towards a Theory of Trade Finance
Author(s):SCHMIDT-EISENLOHR, TimDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Cross border transactions are conducted using diffierent payment contracts, the usage of which varies across countries and over time. In this paper I build a model that can explain this observation and study implications ...