Browsing ECO Articles by Title

Title: Monetary Targeting in the Netherlands - An Application of Cointegration Tests Author(s): CESAR, Herman S. J.; DE HAAN, Jakob; JACOBS, Jan Date: 1990 Type of Publication: Article

Title: Monetary-Theory and Roman History Author(s): DE CECCO, Marcello Date: 1985 Type of Publication: Article

Title: Money Demand Stability and Inflation Prediction in the Four Largest EMU Countries Author(s): CARSTENSEN, Kai; HAGEN, Jan; HOSSFELD, Oliver; NEAVES, Abelardo Salazar Date: 2009 Type of Publication: Article Abstract: In this paper, we analyze the money demand functions of the four largest EMU countries and of the four-country (EMU-4) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain ...

Title: More Equal but Less Mobile?: Education Financing and Intergenerational Mobility in Italy and in the US Author(s): ICHINO, Andrea; CHECCHI, Daniele; RUSTICHINI, Aldo Date: 1999 Type of Publication: Article Abstract: A centralised and egalitarian school system reduces the cost of education for poor families, and so it should reduce income inequality and make intergenerational mobility easier. In this paper we provide evidence that ...

Title: More fair play in an ultimatum game after resettlement in Zimbabwe : a field experiment and a structural model Author(s): KOHLER, Stefan Date: 2013 Type of Publication: Article Abstract: Zimbabwean villagers of distinct background have resettled in government-organized land reforms for more than three decades. Against this backdrop, I assess the level of social cohesion in some of the newly established ...

Title: Mothers in An Insider-Outsider Economy: the Puzzle of Spain Author(s): ADAM-BERNAD, Paula Date: 1996 Type of Publication: Article Abstract: There is growing evidence that social policies towards mothers have important effects on their labour market behaviour. This article argues that these effects are less important in a Male Breadwinner Regime if there is ...

Title: Multinationals Without Advantages Author(s): MOTTA, Massimo; FOSFURI, Andrea Date: 1999 Type of Publication: Article

Title: The multiscale causal dynamics of foreign exchange markets Author(s): BEKIROS, Stelios; MARCELLINO, Massimiliano Date: 2013 Type of Publication: Article Abstract: This paper relies on wavelet multiresolution analysis to investigate the dependence structure and predictability of currency markets across different timescales. It explores the nature and direction of causality among the ...

Title: National Labor Market Institutions and the EU Integration Process Author(s): BERTOLA, Giuseppe Date: 2004 Type of Publication: Article

Title: Negative Feedbacks in the Economy and Industrial Location Author(s): BRAKMAN, S.; GARRETSEN, H.; GIGENGACK, R.; VANMARREWIJK, C.; WAGENVOORT, Rien J.L.M. Date: 1996 Type of Publication: Article Abstract: Incorporating regional asymmetry and negative feedbacks (congestion) in a model of economic geography and international trade shows that complete specialization of production at one location is unlikely. We identify an ...

Title: Network Formation Under Cumulative Advantage: Evidence From the Cambridge High-Tech Cluster Author(s): GNUTZMANN, Hinnerk Date: 2008 Type of Publication: Article Abstract: When joining a social network, the already well-connected often make for especially attractive partners because they can facilitate links to other network members. However, the effect is potentially weakened by increasing ...

Title: Network Games Author(s): GALEOTTI, Andrea; GOYAL, Sanjeev; JACKSON, Matthew O.; VEGA-REDONDO, Fernando; YARIV, Leeat Date: 2010 Type of Publication: Article Abstract: In contexts ranging from public goods provision to information collection, a player's well-being depends on his or her own action as well as on the actions taken by his or her neighbours. We provide a framework to analyse ...

Title: New Technology in Schools: Is there a Payoff? Author(s): MACHIN, Stephen; MCNALLY, Sandra; SILVA, Olmo Date: 2007 Type of Publication: Article Abstract: Despite its high relevance to current policy debates, estimating the causal effect of Information and Communication Technology (ICT) investment on educational standards remains fraught with difficulties. We exploit a change ...

Title: Noise Trader Risk in Financial-Markets Author(s): DELONG, J. Bradford; SHLEIFER, Andrei; SUMMERS, Lawrence H.; WALDMANN, Robert Date: 1990 Type of Publication: Article

Title: Noise Trading and Exchange Rate Regimes Author(s): JEANNE, Olivier; ROSE, Andrew K. Date: 2002 Type of Publication: Article Abstract: Policy-makers often justify their choice of fixed exchange rate regimes as a shelter against nonfundamental influences in the foreign exchange market. This paper proposes a framework, based on endogenous noise trading, ...

Title: Non-parametric Estimation of Sample Selection Models Author(s): VELLA, Frank; DAS, Mitali; NEWEY, Whitney Date: 2003 Type of Publication: Article

Title: A Note on Testing Restrictions for the Cointegration Parameters of a VAR with I(2) Variables Author(s): JOHANSEN, Soren; LUETKEPOHL, Helmut Date: 2005 Type of Publication: Article Abstract: We give a brief introduction to the vector autoregressive model for cointegrated I(2) variables and show how some plausible economic relations can be formulated in the I(2) framework in such a way that likelihood ratio ...

Title: Numerical Solution by Iterative Methods of a Class of Vintage Capital Models Author(s): LICANDRO, Omar; BOUCEKKINE, Raouf; GERMAIN, Marc; MAGNUS, Alphonse Date: 2001 Type of Publication: Article

Title: Obsolescence and Modernization in the Growth Process Author(s): LICANDRO, Omar; BOUCEKKINE, Raouf; DEL RIO, Fernando Date: 2005 Type of Publication: Article

Title: Oligopoly Limit Pricing - Strategic Substitutes, Strategic Complements Author(s): MARTIN, Stephen Date: 1995 Type of Publication: Article Abstract: Conditions are outlined under which it is a sequential equilibrium for firms to forgo current profit to reduce the likelihood of entry, if firms are uncertain about rivals' costs. The assumptions about out-of-equilibrium ...

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