Title:The Impacts of Housing Derivatives Trading on the Housing Market
Author(s):ULUC, ArzuDate:2012Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:Housing is the largest asset class in the world. However, in contrast to other major asset classes, including stocks and bonds, it does not have a well-developed derivatives market. In fact, housing derivatives can provide ...
Title:Imperfect Competition in Agricultural Markets: evidence from Ethiopia
Author(s):OSBORNE, TheresaDate:2005Type of Publication:ArticleAbstract:Drawing upon unique transaction-level data from rural Ethiopia, this paper tests for general forms of imperfect competition among rural wholesale traders. These traders are key to the grain distribution system as they ...
Title:Imperfect Competition in an Open Economy.
Author(s):CHRISTODOULAKIS, Nicos; WEALE, MartinDate:1990Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Importance of History for Economic Development: Lessons from natural experiment of history
Author(s):WYSOKINSKA, AgnieszkaDate:2011Type of Publication:ThesisSeries/Report no.:EUI PhD thesesAbstract:Does history matter for economic development? How do events taking place a long time ago continue to affect long term economic performance? To answer these questions I examine the long run impacts of the 19th century ...
Title:The Importance of Industrial Policy in Quality-Ladder Growth Models
Author(s):GIORDANI, Paolo; ZAMPARELLI, LucaDate:2008Type of Publication:ArticleAbstract:We extend the class of quality-ladder growth models (Grossman and Helpman, 1991, Segerstrom, 1998 and others), to encompass an economy with asymmetric fundamentals. In contrast to the standard framework, in our model ...
Title:Impulse Response Function
Author(s):LUETKEPOHL, HelmutDate:2008-01-01Type of Publication:Contribution to bookAbstract:Impulse response functions are useful for studying the interactions between variables in a vector autoregressive model. They represent the reactions of the variables to shocks hitting the system. It is often not clear, ...
Title:Income-Distribution and Infant-Mortality
Author(s):WALDMANN, RobertDate:1992Type of Publication:ArticleAbstract:Comparing two countries in which the poor have equal real incomes, the one in which the rich are wealthier is likely to have a higher infant mortality rate. This anomalous result does not appear to spring from measurement ...
Title:Incomplete Cost Pass-Through Under Deep Habits
Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A number of empirical studies document that marginal cost shocks are not fully
passed through to prices at the firm level and that prices are substantially less volatile
than costs. We show that in the relative-deep-habits ...
Title:Incomplete Information about Social Preferences Explains Equal Division and Delay in Bargaining
Author(s):KOHLER, StefanDate:2012Type of Publication:ArticleAbstract:Two deviations of alternating-offer bargaining behavior from economic theory are observed together, yet have been studied separately. Players who could secure themselves a large surplus share if bargainers were purely ...
Title:Incomplete Markets and the Evolution of the US. Consumer Wealth Distribution
Author(s):HINTERMAIER, Thomas; KOENIGER, WinfriedDate:2008Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:We use a buffer-stock saving model to explain the evolution of the consumer net-worth
distribution in the US between 1983 and 2004. We focus on net-worth up to the 90th
percentile due to the well-known problem of matching ...