Title:Deposit Insurance and Risk Taking Author(s):ALLEN, Franklin; CARLETTI, Elena; LEONELLO, AgneseDate:2011Citation:
- Oxford Review of Economic Policy, 2011, 27, 3, 464-478
Type:ArticleAbstract:We review the theory of deposit insurance, highlighting the underlying assumptions that were not satisfied during the recent financial crisis and that may have led to serious policy mistakes. In theoretical models, deposit ...
Title:Introduction to Advances in Business Cycle Analysis and Forecasting Author(s):MARCELLINO, Massimiliano; MAZZI, Gian LuigiDate:2010Citation:
- Journal of Forecasting, 2010, 29, 1-2, 1-5
Title:Optimal Information Transmission in Organizations: Search and Congestion Author(s):ARENAS, Alex; CABRALES, Antonio; DANON, Leon; DIAZ-GUILERA, Albert; GUIMERA, Roger; VEGA-REDONDO, FernandoDate:2010Citation:
- Review of Economic Design, 2010, 14, 01-feb, 75-93
Type:ArticleAbstract:We propose a stylized model of a problem-solving organization whose internal communication structure is given by a fixed network. Problems arrive randomly anywhere in this network and must find their way to their respective ...
Title:Survey Data as Coincident or Leading Indicators Author(s):FRALE, Cecilia; MARCELLINO, Massimiliano; MAZZI, Gian Luigi; PROIETTI, TommasoDate:2010-01-01Citation:
- Journal of Forecasting, 2010, 29, 1-2, 109-131
Type:ArticleAbstract:In this paper we propose a monthly measure for the euro area gross domestic product (GDP) based on a small-scale factor model for mixed-frequency data, featuring two factors: the first is driven by hard data, whereas the ...
Title:Acquisition of Information and Share Prices: An Empirical Investigation of Cognitive Dissonance Author(s):ARGENTESI, Elena; LUETKEPOHL, Helmut; MOTTA, MassimoDate:2010Citation:
- German Economic Review, 2010, 11, 3, 381-396
Type:ArticleAbstract:This paper deals with the determinants of agents' acquisition of information. Our econometric evidence shows that the general index of Italian share-prices and the series of Italy's financial newspaper sales are cointegrated, ...
Title:Trade Liberalization, Firm Selection, and Variety Growth Author(s):AGUR, ItaiDate:2010Citation:
- Review of International Economics, 2010, 18, 3, 582-594
Type:ArticleAbstract:Recent empirical findings indicate that when trade is liberalized both firm selection takes place and product variety increases. Each of these two stylized facts has its own seminal theory. But how can they arise together? ...
Title:The Determinants of Corporate Risk in Emerging Markets: An Option-Adjusted Spread Analysis Author(s):CAVALLO, Eduardo A.; VALENZUELA, PatricioDate:2010Citation:
- International Journal of Finance & Economics, 2010, 15, 1, 59-74
Type:ArticleAbstract:This Study explores the determinants of corporate bond spreads in emerging markets economics. Using a largely unexploited data set, the paper finds that corporate bond spreads are determined by firm-specific variables, ...
Title:Similarities and Differences When Building Trust: The Role of Cultures Author(s):BORNHORST, Fabian; ICHINO, Andrea; KIRCHKAMP, Oliver; SCHLAG, Karl H.; WINTER, EyalDate:2010Citation:
- Experimental Economics, 2010, 13, 3, 260-283
Type:ArticleAbstract:We run an experiment in which students of different European nationalities are matched in groups of five and repeatedly choose with whom within their group they want to play a trust game. Participants observe of each other ...
Title:Regional Debt in Monetary Unions: Is It Inflationary? Author(s):COOPER, Russell; KEMPF, Hubert; PELED, DanDate:2010Citation:
- European Economic Review, 2010, 54, 3, 345-358
Type:ArticleAbstract:This paper studies the inflationary implications of interest bearing regional debt in a monetary union. Is this debt simply backed by future taxation with no inflationary consequences? Or will the circulation of region ...
Title:Price Variation Antagonism and Firm Pricing Policies Author(s):COURTY, Pascal; PAGLIERO, MarioDate:2010Citation:
- Journal of Economic Behavior & Organization, 2010, 75, 2, 235-249
Type:ArticleAbstract:Pricing schemes that vary prices in response to demand shocks may antagonize consumers and reduce demand. At the same time, consumers may take advantage of the opportunities offered by price changes. Overall, the net impact ...