Title:Exchange Rates and Oligopoly
Author(s):HENS, Thorsten; JAGER, Eckart; KIRMAN, Alan; PHLIPS, LouisDate:1999Type of Publication:ArticleAbstract:The purpose of this paper is to explain empirical observations concerning the impact of exchange rate changes on industrial prices. As exchange rates change the pass-through into industrial prices is often incomplete and ...
Title:Exchange-Rate Pass-Through and Market Structure
Author(s):KIRMAN, Alan; PHLIPS, LouisDate:1996Type of Publication:ArticleAbstract:We consider a situation in which n firms located in market l and m firms located in market 2 each sell a commodity which is homogeneous within each market but may differ between markets. All firms sell on both markets. ...
Title:Exclusionary Pricing and Rebates When Scale Matters
Author(s):KARLINGER, Liliane; MOTTA, MassimoDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We consider an incumbent firm and a more effcient entrant, both
offering a network good to several asymmetric buyers. The incumbent
disposes of an installed base, while the entrant has a network of size zero
at the ...
Title:Exclusive Dealing and Entry, when Buyers Compete
Author(s):FUMAGALLI, Chiara; MOTTA, MassimoDate:2006Type of Publication:ArticleAbstract:Rasmusen et al. (1991) and Segal and Whinston (2000) show that an incumbent monopolist might prevent entry of a more efficient competitor by exploiting externalities among buyers. We show that their results hold only when ...
Title:Exclusive Dealing, Entry and Mergers
Author(s):MOTTA, Massimo; FUMAGALLI, Chiara; PERSSON, LarsDate:2005Type of Publication:Working PaperSeries/Report no.:CEPR discussion papers
Title:Exit from a Monetary Union through Euroization: Discipline without chaos
Author(s):COOPER, RussellDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper studies the role of exit from a monetary union during a debt crisis. A monetary union, such as the European Monetary Union, needs to establish a procedure for exit as a tool to cope with debt default. The paper ...
Title:Exogeneity, Cointegration, and Economic Policy Analysis
Author(s):ERICSSON, Neil R.; HENDRY, David F.; MIZON, Grayham E.Date:1998Type of Publication:ArticleAbstract:This overview examines conditions for reliable economic policy analysis based on econometric models, focusing on the econometric concepts of exogeneity, cointegration, causality, and invariance. Weak, strong, and super ...
Title:Experimental Evidence on the Irreversibility Effect
Author(s):RAUCHS, Alexandra; WILLINGER, MarcDate:1996Type of Publication:ArticleAbstract:This paper presents the results of an experimental investigation on how increased expected information affects subjects' choices. We show that Claude Henry's (1974) result (the ''Irreversibility Effect'') is strongly ...
Title:Experiments on Sequential Decision-Making: the ''Irreversibility Effect''
Author(s):RAUCHS, Alexandra; WILLINGER, MarcDate:1996Type of Publication:ArticleAbstract:The Irreversibility Effect (IE) predicts that an expected utility maximizer who expects to obtain additional information before his future choices, will choose a ''more flexible'' (or ''less irreversible'') position in the ...
Title:Explaining the Effects of Government Spending Shocks on Consumption and the Real Exchange Rate
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using panel structural VAR analysis and quarterly data from four industrialized countries,
we document that an increase in government purchases leads to an expansion in output and
private consumption, a deterioration in ...
Title:Exploring the Patent Explosion
Author(s):HALL, Bronwyn H.Date:2004Type of Publication:Working PaperSeries/Report no.:NBER Working PaperAbstract:This paper looks more closely at the sources of patent growth in the United States since 1984. It confirms that the increase is largely due to US patenters, with an earlier surge in Asia, and some increase in Europe. Growth ...
Title:Exponential GARCH Modeling with Realized Measures of Volatility
Author(s):HANSEN, Peter Reinhard; HUANG, ZhuoDate:2012Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We introduce the Realized Exponential GARCH model that can utilize multiple realized volatility measures for the modeling of a return series. The model specifies the dynamic properties of both returns and realized measures, ...