Browsing Department of Economics (ECO) by Issue Date

DSpace/Manakin Repository

Browsing Department of Economics (ECO) by Issue Date

Sort by: Order: Results:

  • Icon
    Title: Essays on the Cost of Debt Capital for Private Firms  Author(s): VALENZUELA, Patricio Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: Since corporate investment is a key driver for economic growth, it is very important to find out what are the drivers of the cost of financing for private firms. In particular, this thesis studies the determinants of spreads ...
  • Icon
    Title: On the Measurement of Welfare, Happiness and Inequality  Author(s): RYNKO, Maja Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: This thesis addresses welfare measurement issues, with an emphasis on the measurement of happiness and inequality. It contributes to the economic literature in both methodological and empirical terms, with the empirical ...
  • Icon
    Title: Money, Financial Stability and Efficiency  Author(s): ALLEN, Franklin; CARLETTI, Elena; GALE, Douglas Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Most analyses of banking crises assume that banks use real contracts. However, in practice contracts are nominal and this is what is assumed here. We consider a standard banking model with aggregate return risk, aggregate ...
  •  
    Title: Fiscal Expansions, Unemployment, and Labor Force Participation: Theory and evidence  Author(s): BRÜCKNER, Markus; PAPPA, Evi Date: 2012 Type of Publication: Article Abstract: 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 ...
  • Icon
    Title: Three Essays in Household Finance  Author(s): FAGERENG, Andreas Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: This thesis contains three chapters relating to the field of household finance. In the first chapter household life cycle investment behaviour is investigated using a panel of Norwegian administrative data and tax records. ...
  • Icon
    Title: Keeping up with the Medici! Three essays on social comparison, consumption and risk  Author(s): DIJK, Oege Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: This thesis investigates the influence of social comparison (i.e. comparing ones outcomes with others such as neighbours, colleagues, etc) on consumption and risk-taking. The first essay (joint with Robert H. Frank and ...
  • Icon
    Title: Resolving the African Financial Development Gap: Cross-country comparisons and a within-country study of Kenya  Author(s): ALLEN, Franklin; CARLETTI, Elena; CULL, Robert; QIAN, Jun; SENBET, Lemma; VALENZUELA, Patricio Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: With extensive country- and firm-level data sets we first document that the financial sectors of most sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. We ...
  • Icon
    Title: Financial Markets as a Commitment Device for the Government  Author(s): SIMON, Jenny Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: 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 ...
  • Icon
    Title: Strategic Campaigning with Vote and Turnout Buying: Theory and evidence  Author(s): CASAS, Agustin Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: In this paper, I model the relationship between potential voters and a politician, who can pay citizens to vote for him – vote buying – or to show up to vote – turnout buying. This model is used to explore the optimal ...
  • Icon
    Title: Reaction to Technology Shocks in Markov-Switchings Structural VARs: Identification via heteroskedasticity  Author(s): NETŠUNAJEV, Aleksei Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The paper reconsiders the conflicting results in the debate connected to the effects of technology shocks on hours worked in the bivariate system. Given major dissatisfaction with the just-identifying long-run restrictions, ...
  • Icon
    Title: Financial Constraints, Financial Shocks, and Business Cycle Accounting  Author(s): RIMARCHI, Massimiliano Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: This thesis features three closely related chapters investigating the role of the investment wedge in affecting macroeconomic fluctuations. The first chapter shows that the Business Cycle Accounting (BCA) methodology is ...
  • Icon
    Title: Being Close to Grow Faster: A network-based empirical analysis of economic globalization  Author(s): DUERNECKER, Georg; MEYER, Moritz; VEGA-REDONDO, Fernando Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Globalization features one of the major global trends which shape economic outcomes in developing and developed countries. Standard results from the empirical growth literature suggest that participation in worldwide trade ...
  • Icon
    Title: An Economic Analysis of the Regulation of Pharmaceutical Markets  Author(s): SAURÍ, Lluís Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: Regulation in pharmaceutical markets is pervasive in most countries, especially in Europe. The nature of existing regulations is diverse, as they serve a number of purposes: guaranteeing safety, efficacy and security of ...
  • Icon
    Title: Peer Effects in Free School Meals: Information or stigma?  Author(s): JAMES, Jonathan Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper investigates peer effects in the take up of a welfare programme, free school meals, using the Pupil Level Annual School Census (PLASC) which collects data on every child attending school in England. To explore ...
  • Icon
    Title: Moment Condition Models in Empirical Economics  Author(s): RISCADO, Sara Maria de Almeida Duarte Lopes Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: In the first chapter of this dissertation, we approach the estimation of dynamic stochastic general equilibrium models through a moments-based estimator, the empirical likelihood. We try to show that this inference process ...
  • Icon
    Title: Dynamic Competitive Economies with Complete Markets and Collateral Constraints  Author(s): GOTTARDI, Piero; KUBLER, Felix Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: In this paper we examine the competitive equilibria of a dynamic stochastic economy with complete markets and collateral constraints. We show that, provided both the set of asset payoffs and collateral levels are sufficiently ...
  • Icon
    Title: Information Disclosure and the Equivalence of Prospective Payment and Cost Reimbursement  Author(s): MA, Ching-to Albert; MAK, Henry Y. Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: A health care provider chooses medical service quality and cost-reduction effort. Both choices are non-contractible. An insurer observes both quality and cost effort, and may credibly disclose them to consumers. In prospective ...
  • Icon
    Title: Econometric Models for Mixed-Frequency Data  Author(s): FORONI, Claudia Date: 2012 Type of Publication: Thesis Series/Report no.: EUI PhD theses Abstract: This thesis addresses different issues related to the use of mixed-frequency data. In the first chapter, I review, discuss and compare the main approaches proposed so far in the literature to deal with mixed-frequency data, ...
  • Icon
    Title: I Prefer Not to Know! Analyzing the decision of getting information about your ability  Author(s): GRANADOS ZAMBRANO, Paulina Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The recognition that information is, most of the time, incomplete and imperfect is essential in understanding the nature of the formation of beliefs. To understand human behavior in the area of (academic) performance, the ...
  • Icon
    Title: Choice of Sample Split in Out-of-Sample Forecast Evaluation  Author(s): HANSEN, Peter Reinhard; TIMMERMANN, Allan Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Out-of-sample tests of forecast performance depend on how a given data set is split into estimation and evaluation periods, yet no guidance exists on how to choose the split point. Empirical forecast evaluation results can ...