Title:Vintage Capital
Author(s):BOUCEKKINE, Raouf; DE LA CROIX, David; LICANDRO, OmarDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Vintage Capital
Author(s):BOUCEKKINE, Raouf; DE LA CROIX, David; LICANDRO, OmarDate:2008-01-01Type of Publication:Contribution to bookAbstract:This article reviews the early vintage capital literature of the 1960s, and identifies the factors behind the revival of topic from the 1990s. The fundamental properties of the seminal vintage capital growth models are ...
Title:Vintage Capital And the Dynamics of the AK Model
Author(s):BOUCEKKINE, Raouf; LICANDRO, Omar; PUCH, Luis A.; DEL RIO, FernandoDate:2002Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:The Volatility Costs of Procyclical Lending Standards: An Assessment Using a DSGE Model
Author(s):GRUSS, Bertrand; SGHERRI, SilviaDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The ongoing financial turmoil has triggered a lively debate on ways of containing systemic risk and lessening the likelihood of future boom-and-bust episodes in credit markets. Particularly, it has been argued that banking ...
Title:Volatility, Financial Development and the Natural Resource Curse
Author(s):VAN DER PLOEG, Frederick; POELHEKKE, StevenDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Cross-country evidence is presented on resource dependence and the link between volatility and
growth. First, growth depends negatively on volatility of unanticipated output growth
independent of initial income per capita, ...
Title:Voting and Decisions in the ECB
Author(s):BRUECKNER, MatthiasDate:1997Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Voting, Lobbying, and the Decentralization Theorem
Author(s):LOCKWOOD, BenDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper revisits the fiscal "decentralization theorem", by relaxing the role of
the assumption that governments are benevolent, while retaining the assumption of
policy uniformity. If instead, decisions are made by ...
Title:Wages and the Size of Firms in Dynamic Matching Models
Author(s):BERTOLA, Giuseppe; GARIBALDI, P.Date:2001Type of Publication:ArticleAbstract:This paper studies the joint distribution of wages and employment levels in simple matching models of job creation and destruction with costly search and firm-specific labor demand shocks. Existing evidence on the relationship ...
Title:Weak Instruments and Weak Identification in Estimating the Effects of Education on Democracy
Author(s):COVIELLO, Decio; BOBBA, MatteoDate:2006Type of Publication:Working PaperSeries/Report no.:American Development Bank Working PaperAbstract:Is there any relation between education and democracy? Once we correct for weak instruments and identify education as 'weakly exogenous' we find new evidence that education systematically predicts democracy. Our results ...
Title:Weak Instruments and Weak Identification, in Estimating the Effects of Education, on Democracy
Author(s):BOBBA, Matteo; COVIELLO, DecioDate:2007Type of Publication:ArticleAbstract:Is there any relation between education and democracy? Once we correct for weak instruments and identify education as “weakly exogenous” we find new evidence that education systematically predicts democracy. Our results ...