Title:Do Conditional Benefits Reduce Equilibrium Unemployment?
Author(s):VAN DER PLOEG, FrederickDate:2006Type of Publication:ArticleAbstract:Although unconditional unemployment benefits destroy jobs in competitive and noncompetitive labor markets, conditional benefits can spur job growth in noncompetitive labor markets. Unconditional benefits reduce the penalty ...
Title:Do Consumers Care about How Prices Are Set?
Author(s):COURTY, Pascal; PAGLIERO, MarioDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using a survey approach, we ask consumers to reveal their preferences over pricing
schemes that may differ in terms of the average price of consumption, the amount of price
variation, and the probability of being rationed. ...
Title:Do Sunspots Matter under Complete Ignorance?
Author(s):GIORDANI, Paolo; COZZI, GuidoDate:2006Type of Publication:ArticleAbstract:In a two-period, sunspot, pure-exchange economy we analyse the case in which agents do not assign subjective probabilistic beliefs to the ‘sunspot activity’. Two generations, each of which is made up of identical agents, ...
Title:Do Unions Matter? Trade Reform and Manufacturing Wages in South Africa
Author(s):SHENDY, RihamDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The effect of nominal tariff cuts on industry wage differentials has been the subject of a number of recent empirical studies. In this paper we investigate the latter relationship with respect to the South African trade ...
Title:Does Aid Help Improve Economic Institutions?
Author(s):COVIELLO, Decio; ISLAM, RoumeenDate:2006Type of Publication:Working PaperSeries/Report no.:World Bank Policy Research Working PaperAbstract:Aid is expected to promote better living standards by raising investment and growth. But aid may also
affect institutions directly. In theory, these effects may or may not work in the same direction as those on
investment. ...
Title:Does Growth Vary Over the Business Cycle? Some Evidence From the G7 Countries
Author(s):KONTOLEMIS, Zenon G.Date:1997Type of Publication:ArticleAbstract:In this paper we analyse the dynamics of business cycles in the G7 countries. Our aim is to answer the question of whether growth varies (in an absolute sense) over the business cycle, and hence to examine whether the ...
Title:Does Longevity Cause Growth? A Theoretical Critique
Author(s):HAZAN, Moshe; ZOABI, HosnyDate:2006Type of Publication:ArticleAbstract:This paper challenges conventional wisdom by arguing that greater longevity may have contributed less than previously thought for the significant accumulation of human capital during the transition from stagnation to growth. ...
Title:Does Noise Undermine the First-Mover Advantage? An Evolutionary Analysis of Bagwell's Example
Author(s):SCHLAG, Karl H.; OECHSSLER, JÖRGDate:2000Type of Publication:ArticleAbstract:Bagwell (1995) considered a simple Stackelberg-type game in which one player benefits from the other's ability to observe his move, assuming they play the unique subgame perfect equilibrium. He showed that introducing noise ...
Title:Does One Currency Mean One Price?
Author(s):WOLSZCZAK-DERLACZ, JoannaDate:2008Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:European Monetary Union was expected to have many consequences for the economies
of participant countries. Theory suggested that through a higher volume of trade and
stronger competition in the Eurozone, a single currency ...
Title:Does Publicity Affect Competition? Evidence from Discontinuities in Public Procurement Auctions
Author(s):COVIELLO, Decio; MARINIELLO, MarioDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Calls for tenders are the natural devices to inform bidders, thus to
enlarge the pool of potential participants. We exploit discontinuities
generated by the Italian Law on tender's publicity to identify the
effect of ...
Title:Does Responsive Pricing Smooth Demand Shocks?
Author(s):COURTY, Pascal; PAGLIERO, MarioDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using data from a unique pricing experiment, we investigate Vickrey’s conjecture
that responsive pricing can be used to smooth both predictable and unpredictable demand
shocks. Our evidence shows that increasing the ...
Title:Does the Box-Cox Transformation Help in Forecasting Macroeconomic Time Series?
Author(s):PROIETTI, Tommaso; LUETKEPOHL, HelmutDate:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:The paper investigates whether transforming a time series leads to an improvement in forecasting accuracy. The class of transformations that is considered is the Box-Cox power transformation, which applies to series measured ...