Title:Dancing with the Devil: Country Size and the Incentive to Tolerate Money Laundering
Author(s):GNUTZMANN, Hinnerk; MCCARTHY, Killian J.; UNGER, BrigitteDate:2010Type of Publication:ArticleAbstract:The incidence of money laundering, and the zeal with which international anti-money laundering (AML) policy is pursued, varies significantly from country to country, region to region. There are, however, quite substantial ...
Title:Dating the Business Cycle in Britain
Author(s):ARTIS, Michael J.Date:2005Type of Publication:ArticleAbstract:The NIESR's monthly GDP series is an innovative feature; most GDP estimates are published at an annual, or quarterly frequency at best. For purposes of dating the business cycle the availability of this series is an asset, ...
Title:Dating the Euro Area Business Cycle
Author(s):ARTIS, Michael J.; MARCELLINO, Massimiliano; PROIETTI, TommasoDate:2002Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Dating the EuroArea Business Cycle
Author(s):ARTIS, Michael J.; MARCELLINO, Massimiliano; PROIETTI, TommasoDate:2005Type of Publication:Contribution to bookAbstract:Proposes a number of improvements to standard techniques to detect the peaks and troughs of business cycles that allow them to isolate major fluctuations in economic activity. For the US economy their model produces a good ...
Title:Dealer Pricing of Consumer Credit
Author(s):BERTOLA, Giuseppe; HOCHGUERTEL, Stefan; KOENIGER, WinfriedDate:2005Type of Publication:Article
Title:Debt Consolidation and Fiscal Stabilization of Deep Recessions
Author(s):CORSETTI, Giancarlo; KUESTER, Keith; MEIER, André; MÜLLER, Gernot J.Date:2010Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The global financial crisis of 2008–09 has sent public debt on sharply
higher trajectories. With the economic recovery gradually taking hold, the
focus is now shifting to fiscal “exit” strategies. Medium-term ...
Title:Decision Makers Facing Uncertainty: Theory versus Evidence
Author(s):GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, SanneDate:2007Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:We consider three competing normative theories of how to make choices when facing
uncertainty: subjective expected utility, maximin utility and minimax regret. In simple
decision problems, we compare how decision makers ...
Title:Decision Makers Facing Uncertainty: Theory Versus Evidence
Author(s):GIORDANI, Paolo E.; SCHLAG, Karl H.; ZWART, SanneDate:2010Type of Publication:ArticleAbstract:This paper aims at assessing cultural differences in uncertainty attitude across Europe. We select questions from the European Values Survey (EVS) capturing salient features of uncertain scenarios (safe versus uncertain, ...
Title:Decision Making and Learning in a Globalizing World
Author(s):SWANK, Otto H.; VISSER, BaukeDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Decision-makers can benefit from the experience of others with solutions to common problems. If a best practice exists, the challenge is to recognize it and to ensure its diffusion. Information about di¤erent solutions is ...
Title:Deep Habits
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2004Type of Publication:Working PaperSeries/Report no.:Working paper
Title:Deep habits
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2006Type of Publication:ArticleAbstract:This paper generalizes the standard habit-formation model to an environment in which agents form habits over individual varieties of goods as opposed to over a composite consumption good. We refer to this preference ...
Title:Deep Habits and the Dynamic Effects of Monetary Policy Shocks
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin; UUSKULA, LennoDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper introduces deep habits into a sticky-price sticky-wage economy and asks whether the countercyclical markup movements induced by deep habits is helpful for accounting for the dynamic effects of monetary policy ...