Title:Financial Markets as a Commitment Device for the Government
Author(s):SIMON, JennyDate:2012Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:How does the presence of financial markets shape the government's ability to implement social redistribution? Individuals do not typically constrain consumption to equal their net-of-tax income every period. Instead, access ...
Title:Financial Reform in Socialist Economies
Author(s):KESSIDES, Christine; KING, Timothy; NUTI, Domenico Mario; SOKIL, CatherineDate:1989Type of Publication:Book
Title:Financial Returns and Efficiency As Seen By An Artificial Technical Analyst
Author(s):SKOURAS, SpyrosDate:2001Type of Publication:ArticleAbstract:We introduce trading rules which are selected by an artificially intelligent agent who learns from experience - an Artificial Technical Analyst. These rules restrict the data-mining concerns associated with the use of ...
Title:Financing the Future: Market-Based Innovations for Growth
Author(s):ALLEN, Franklin; YAGO, GlennDate:2010Type of Publication:BookAbstract:Explains how and why financial innovation drives economic growth and presents specific solutions to our most pressing economic challenges.--Shows how modern financial instruments and capital structures can be used to expand ...
Title:Firm Dynamics Support the Importance of the Embodied Question
Author(s):GABLER, Alain; LICANDRO, OmarDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper contributes to the literature on both embodied technical
progress and firm dynamics, by formulating an endogenous growth
model where selection and imitation play a fundamental role in helping
capital good ...
Title:Firm heterogeneity and macroeconomic performance
Author(s):POSCHKE, MarkusDate:2007Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:The regulation of entry and aggregate productivity Euro Area economies have lower firm turnover rates, lower total factor and labor productivity, and higher capital intensity than the Unites States. I argue that differences ...
Title:Firm Heterogeneity and the Two Sources of Gains from Trade
Author(s):AGUR, ItaiDate:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Recent empirical work identies two main channels through which consumers benefit
from trade. Trade liberalization lowers prices, while it raises product variety. This paper
develops the first model that connects both ...
Title:Firm Size and the Entire Distribution of Wages: A Semiparametric Approach
Author(s):EL-ATTAR, Mayssun; LOPEZ-BAZO, EnriqueDate:2008Type of Publication:ArticleAbstract:In this article we argue that parametric regression analysis might well provide only partial evidence on the firm size-wage effect and propose a methodology that focuses on the entire distribution of wages. Results for a ...
Title:Fiscal Expansions, Unemployment, and Labor Force Participation: Theory and evidence
Author(s):BRÜCKNER, Markus; PAPPA, EviDate:2012Type of Publication:ArticleAbstract:Structural VARs indicate that for many OECD countries labor force participation, employment, and the unemployment rate significantly increase following increases in government expenditures under a variety of specifications ...
Title:Fiscal forecasting: The track record of the IMF, OECD and EC
Author(s):ARTIS, Michael J.; MARCELLINO, MassimilianoDate:2001Type of Publication:ArticleAbstract:We analyse the relative performance of the IMF, OECD and EC in forecasting the government deficit, as a ratio to GDP, for the G7 countries. Interesting differences across countries emerge, sometimes supporting the hypothesis ...
Title:Fiscal Imbalances and the Dynamics of Currency Crises
Author(s):CORSETTI, Giancarlo; MACKOWIAK, BartoszDate:2006Type of Publication:ArticleAbstract:This paper analyzes links between the fiscal theory of the price level (FTPL) and the first generation models after Krugman (Journal of Money Credit and Banking 11 (1979), 311–325), exploring the idea that a synthesis ...