Browsing ECO Articles by Title
Now showing items 113-132 of 677
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Title:Dealer Pricing of Consumer Credit Author(s):BERTOLA, Giuseppe; HOCHGUERTEL, Stefan; KOENIGER, WinfriedDate:2005Citation:International Economic Review, 2005, 46, 4, 1103-1142Type:Article
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Title:Dealing with financial instability under a DSGE modeling approach with banking intermediation : a predictability analysis versus TVP-VARs Author(s):BEKIROS, Stelios D.; CARDANI, Roberta; PACCAGNINI, Alessia; VILLA, StefaniaDate:2016Citation:Journal of financial stability, 2016, Vol. 26, pp. 216-227Type:ArticleAbstract:In the dynamic stochastic general equilibrium (DSGE) literature there has been an increasing awareness on the role that the banking sector can play in macroeconomic activity. We present a DSGE model with financial ...
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Title:Decision Makers Facing Uncertainty: Theory Versus Evidence Author(s):GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, SanneDate:2010Citation:Journal of Economic Psychology, 2010, 31, 4, 659-675Type:ArticleAbstract:This paper aims at assessing cultural differences in uncertainty attitude across Europe. We select questions from the European Values Survey (EVS) capturing salient features of uncertain scenarios (safe versus uncertain, ...
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Title:Deep habits Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2006Citation:Review of economic studies, 2006, 73(1), 254, 195-218Type:ArticleAbstract:This paper generalizes the standard habit-formation model to an environment in which agents form habits over individual varieties of goods as opposed to over a composite consumption good. We refer to this preference ...
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Title:Demand reduction and inefficiency in multi-unit auctions Author(s):AUSUBEL, Lawrence M.; CRAMTON, Peter; PYCIA, Marek; ROSTEK, Marzena; WERETKA, MarekDate:2014Citation:The review of economic studies, 2014, Vol. 81, No. 4, pp. 1366-1400Type:ArticleAbstract:Auctions often involve the sale of many related goods: Treasury, spectrum and electricity auctions are examples. In multi-unit auctions, a bid for one unit may affect payments for other units won, giving rise to an incentive ...
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Title:Deposit Insurance and Risk Taking Author(s):ALLEN, Franklin; CARLETTI, Elena; LEONELLO, AgneseDate:2011Citation:Oxford Review of Economic Policy, 2011, 27, 3, 464-478Type: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 ...
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Title:Detecting big structural breaks in large factor models Author(s):CHEN, Liang; DOLADO, Juan J.; GONZALO, JesúsDate:2014Citation:Journal of econometrics, 2014, No. 180, pp. 30-48Type:ArticleAbstract:Time invariance of factor loadings is a standard assumption in the analysis of large factor models. Yet, this assumption may be restrictive unless parameter shifts are mild (i.e., local to zero). In this paper we develop ...
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Title:Detecting nonlinear interdependencies in eurozone peripheral equity markets : a multistep filtering approach Author(s):BEKIROS, Stelios D.; AVDOULAS, Christos; BOUBAKER, SabriDate:2016Citation:Economic modelling, 2016, Vol. 58, pp. 580-587Type:ArticleAbstract:This paper assesses the presence of linear and nonlinear dynamic causal relations among the stock markets of the Eurozone peripheral countries, namely Portugal, Ireland, Italy, Greece and Spain (PIIGS countries). In addition ...
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Title:Determinants of Short-Term Debt: a note Author(s):LUSINYAN, Lusine; BUCH, ClaudiaDate:2003Citation:Journal of International Financial Markets, Institutions and Money, 2003, 13, 2, 157-170Type:Article
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Title:The development of egalitarianism, altruism, spite and parochialism in childhood and adolescence? Author(s):FEHR, Ernst; GLÄTZLE-RÜTZLER, Daniela; SUTTER, MatthiasDate:2013Citation:European Economic Review, 2013, Vol. 64, pp. 369-383Type:ArticleAbstract:We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. ... -
Title:Direct Foreign-Investment in the United-States Author(s):MARTIN, StephenDate:1991Citation:Journal of Economic Behavior & Organization, 1991, 16, 3, 283-293Type:Article
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Title:Disaggregated Wage Curves in the United States: Evidence From Panel Data of Young Workers Author(s):TURUNEN, JarkkoDate:1998Citation:Applied Economics, 1998, 30, 12, 1665-1677Type:ArticleAbstract:The paper presents wage curve results disaggregated over time, by individual characteristics, occupations, industries and regions in the United States, using a panel data set of young workers. The results suggest that ...
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Title:Discussion of “Did easy money in the Dollar Bloc fuel the Oil price run-up?” Author(s):CORSETTI, GiancarloDate:2011Citation:International Journal of Central Banking, 2011, 7, 1, pp. 161-166Type:Article
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Title:Disentangling demand and supply shocks in the crude oil market : how to check sign restrictions in structural VARs Author(s):LUETKEPOHL, Helmut; NETŠUNAJEV, AlekseiDate:2014Citation:Journal of applied econometrics, 2014, Vol. 29, No. 3, pp. 479-496Type:ArticleAbstract:Sign restrictions have become increasingly popular for identifying shocks in structural vector autoregressive (SVAR) models. So far there are no techniques for validating the shocks identified via such restrictions. Although ...
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Title:Disequilibrium Dynamics With Naive Agents in the Overlapping Generations Model With Money Author(s):SACCO, Pier LuigiDate:1993Citation:Mathematical Social Sciences, 1993, 26, 2, 139-155Type:ArticleAbstract:This paper studies the disequilibrium dynamics of the overlapping generations model with money under the assumption that agents are not aware of the strategic opportunities left open by nonequilibrium trade. The standard ...
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Title:Distributive Production Sets and Equilibria with Increasing Returns Author(s):DEHEZ, Pierre; DREZE, JeanDate:1988Citation:Journal of Mathematical Economics, 1988, 17, 02-mar, 231-248Type:Article
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Title:Do Conditional Benefits Reduce Equilibrium Unemployment? Author(s):VAN DER PLOEG, FrederickDate:2006Citation:Journal of Public Economic Theory, 2006, 8, 4, 603-610Type:ArticleAbstract:Although unconditional unemployment benefits destroy jobs in competitive and noncompetitive labor markets, conditional benefits can spur job growth in noncompetitive labor markets. Unconditional benefits reduce the penalty ...
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Title:Do expectations matter? : the great moderation revisited Author(s):CANOVA, Fabio; GAMBETTI, LucaDate:2010Citation:American economic journal : macroeconomics, 2010, Vol. 2, No. 3, pp. 183-205Type:ArticleAbstract:We examine the role of expectations in the Great Moderation episode. We derive theoretical restrictions in a New-Keynesian model and test them using measures of expectations obtained from survey data, the Greenbook and ...
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Title:Do institutions and culture matter for business cycles? Author(s):ALTUG, Sumru G.; CANOVA, FabioDate:2014Citation:Open economies review, 2014, Vol. 25, No. 1, pp. 93-122Type:ArticleAbstract:We examine the relationship between cyclical fluctuations and macroeconomic, institutional, and cultural indicators for 46 countries from Europe and the Mediterranean basin. In the Mediterranean cycles are different: the ...
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Title:Do labor market institutions matter for business cycles? Author(s):GNOCCHI, Stefano; LAGERBORG, Andresa; PAPPA, EviDate:2015Citation:Journal of economic dynamics and control, 2015, Vol. 51, pp. 299-317Type:ArticleAbstract:Using panel data of 19 OECD countries observed over 40 years and data on specific labor market reform episodes we conclude that labor market institutions matter for business cycle fluctuations. Spearman partial rank ...