Browsing ECO Articles by Title

Title: Monetary policy deliberations : committee size and voting rules Author(s): MAURIN, Vincent; VIDAL, Jean-Pierre Date: 2014 Type of Publication: Article Abstract: How large should a monetary policy committee be? Which voting rule should a monetary policy committee adopt? This paper builds on Condorcet's jury theorem to analyse the relationships between committee size and voting rules ...

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: Money is an experience good : competition and trust in the private provision of money Author(s): MARIMON, Ramon; NICOLINI, Juan Pablo; TELES, Pedro Date: 2012 Type of Publication: Article Abstract: The interplay between competition and trust as efficiency-enhancing mechanisms in the private provision of money is studied. With commitment, trust is automatically achieved and competition ensures efficiency. Without ...

Title: Money, financial stability and efficiency Author(s): ALLEN, Franklin; CARLETTI, Elena; GALE, Douglas Date: 2014 Type of Publication: Article Abstract: Most analyses of banking crises assume that banks use real contracts but in practice contracts are nominal. We consider a standard banking model with aggregate return risk, aggregate liquidity risk and idiosyncratic liquidity ...

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: More intra-region direct investment through economic ntegration? : modelling the experience of the EU's single market Author(s): HALLER, Stefanie A. Date: 2010 Type of Publication: Article Abstract: I apply the fixed versus variable cost trade-off associated with a multinational firm's choice between investing abroad and exporting to a setting where the multinational is located inside an economically integrating region. ...

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: Multiple filtering devices for the estimation of cyclical DSGE models Author(s): CANOVA, Fabio; FERRONI, Filippo Date: 2011 Type of Publication: Article Abstract: We propose a method to estimate time invariant cyclical dynamic stochastic gen eral equilibrium models using the information provided by a variety of filters. We treat data filtered with alternative procedures as contaminated ...

Title: The multiscale causal dynamics of foreign exchange markets Author(s): BEKIROS, Stelios D.; 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: New theories to underpin financial reform Author(s): ALLEN, Franklin; CARLETTI, Elena Date: 2013 Type of Publication: Article Abstract: Before 2007, financial crises were not widely studied in economics and finance. The lack of importance ascribed to financial stability and our limited knowledge of this topic were significant contributors to the crisis. ...

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

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