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, ...
Title:Export Promotion, Learning by Doing and Growth
Author(s):AMBLER, Steve; CARDIA, Emanuela; FARAZLI, JeannineDate:1999Type of Publication:ArticleAbstract:This paper explores the quantitative link between export-promoting commercial policies and economic growth. We build and calibrate a dynamic general equilibrium model of a small developing economy. The economy’s equilibrium ...
Title:Export-Supporting FDI
Author(s):KRAUTHEIM, SebastianDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Wholesale trade affiliates account for a considerable fraction of the sales of Multinational
Companies (MNCs). However, this and similar types of FDI, aiming at
facilitating export activities, have received little ...
Title:Exporter Dynamics and Productivity Growth
Author(s):BERMAN, Nicolas; REBEYROL, VincentDate:2010Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:Using a large firm-level database containing information on export flows of French firms by destination, over the period 1995-2005, we study the impact of exporter dynamics on their future productivity growth. Our empirical ...
Title:The extensive margin and monetary policy
Author(s):BERGIN, Paul; CORSETTI, GiancarloDate:2008Type of Publication:ArticleAbstract:The creation of new firms, referred to as the extensive margin, is a significant but overlooked dimension of monetary policy. A monetary VAR documents that monetary policy has significant effects on firm creation. An ...