Title:Fragmented Fiscal Policy
Author(s):PEROTTI, Roberto; KONTOPOULOS, Y.Date:2002Type of Publication:ArticleAbstract:This paper explores on a panel of 19 OECD countries the role of fragmentation indetermining fiscal outcomes over the 1970-95 period. We first define the notion of fragmentation of fiscal policy-making as the degree to which ...
Title:Frictional Matching: Evidence from Law School Admission
Author(s):COURTY, Pascal; PAGLIERO, MarioDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We measure friction in the matching of students and law schools as the number of unnecessary student applications and school admissions that have to be undertaken per actual matriculation. We show that friction increases ...
Title:Friendship Selection
Author(s):RIVAS, JavierDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We model the formation of friendships as repeated cooperation within a set of heterogeneous players. The model builds around three of the most important facts about friendship: friends help each other, there is reciprocity ...
Title:Fringe Size and Cartel Stability
Author(s):MARTIN, StephenDate:1990Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Futures Markets: Modelling, managing, and monitoring futures trading
Author(s):STREIT, Manfred E.Date:1983Type of Publication:BookAbstract:Today's unstable economic climate, with its frequent fluctuations in prices and exchange rates, has led to extraordinary expansion and diversification in futures markets and greatly increased their importance in economic ...
Title:Fuzzy Adaptive Decision-making for Boundedly Rational Traders in Speculative Stock Markets
Author(s):BEKIROS, Stelios D.Date:2010Type of Publication:ArticleAbstract:The development of new models that would enhance predictability for time series with dynamic time-varying, nonlinear features is a major challenge for speculators. Boundedly rational investors called “chartists” use advanced ...
Title:Gender Wage Gap in Expectations and Realizations
Author(s):ICHINO, Andrea; FILIPPIN, AntonioDate:2005Type of Publication:ArticleAbstract:Realized wages are affected by investments and signals concerning productivity, which workers undertake on the basis of expectations on future job prospects. Thus, the gender wage gap is also likely to depend on workers' ...