Browsing ECO Articles by Title

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Browsing ECO Articles by Title

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    Title: The Option to Leave: Conditional Dissociation in the Evolution of Cooperation  Author(s): IZQUIERDO, Segismundo S.; IZQUIERDO, Luis R.; VEGA-REDONDO, Fernando Date: 2010 Type of Publication: Article Abstract: Conditional dissociation, i.e. the option to leave an interacting partner in response to his behaviour, is a mechanism that has been shown to promote cooperation in several settings, but the fundamental features that make ...
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    Title: The Overnight Interbank Market: Evidence From the G-7 and the Euro Zone  Author(s): PRATI, Alessandro; BARTOLINI, Leonardo; BERTOLA, Giuseppe Date: 2003 Type of Publication: Article Abstract: We study the interbank markets for overnight loans of the major industrial countries, linking the behavior of short-term interest rates to the operating procedures of these countries' central banks. We find that many of ...
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    Title: The Price Puzzle in the Monetary Transmission Vars with Long-Run Restrictions  Author(s): KRUSEC, Dejan Date: 2010 Type of Publication: Article Abstract: This study addresses the price puzzle - a positive response of prices to monetary tightening in VAR models. By using long-run instead of the usual short-run restrictions on the US data including output, prices and interest ...
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    Title: The Refoundation of the Symmetric Equilibrium in Schumpeterian Growth Models  Author(s): COZZI, Guido; GIORDANI, Paolo; ZAMPARELLI, Luca Date: 2007 Type of Publication: Article Abstract: We provide a refoundation of the symmetric growth equilibrium characterizing the research sector of vertical R&D-driven growth models. We argue that the usual assumptions made in this class of models leave the agents ...
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    Title: The Relation Between Financial and Housing Wealth: Evidence From Dutch Households  Author(s): HOCHGUERTEL, Stefan; VAN SOEST, Arthur Date: 2001 Type of Publication: Article Abstract: We analyze households' joint investment decisions for financial wealth and homes. We use a bivariate censored regression model with endogenous switching. Fixed costs or transaction costs are captured by an unobserved nonzero ...
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    Title: The Single Market, the Structural Funds and Ireland's Recent Economic Growth  Author(s): BARRY, Frank; BRADLEY, John; HANNAN, Aoife Date: 2001 Type of Publication: Article
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    Title: The Strange Case of British Earnings-Related Unemployment Benefit  Author(s): MICKLEWRIGHT, John Date: 1989 Type of Publication: Article
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    Title: The Structure of Multiple Credit Relationships: Evidence From US Firms  Author(s): GUISO, Luigi; MINETTI, Raoul Date: 2010 Type of Publication: Article Abstract: When firms borrow from multiple concentrated creditors such as banks they appear to differentiate their allocation of borrowing. In this paper, we put forward hypotheses for this borrowing pattern based on incomplete ...
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    Title: The Survival of Noise Traders in Financial-Markets  Author(s): DELONG, J. Bradford; SHLEIFER, Andrei; SUMMERS, Lawrence H.; WALDMANN, Robert Date: 1991 Type of Publication: Article
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    Title: The Unemployment Problem  Author(s): ARTIS, Michael J. Date: 1998 Type of Publication: Article Abstract: The paper reviews the unemployment problem in Europe. It shows that while there is a good deal of heterogeneity in European unemployment experience, a 'European model' of high and persistent unemployment characterizes many ...
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    Title: The US and the European Monetary System (EMS): A Stylised Asymmetrical Two-Country Model  Author(s): ARTIS, Michael J.; GAZIOGLU, S. Date: 1996 Type of Publication: Article Abstract: Numerical simulation methods were used to explore the consequences of asymmetrical behaviour in a two-country model. The asymmetries are located in the asset and goods demand functions and in the parameters governing foreign ...
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    Title: The US trade deficit, the decline of the WTO and the rise of regionalism  Author(s): AGUR, Itai Date: 2008 Type of Publication: Article Abstract: This paper argues that the growing US trade deficit has caused the decline of the WTO and the rise of regional trade agreements. Growing imbalances make countries more selective about who to cooperate with. This is formally ...
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    Title: The Variable Frame Theory of Focal Points: An Experimental Study  Author(s): BACHARACH, M.; BERNASCONI, Michele Date: 1997 Type of Publication: Article Abstract: In variable frame theory a game is played rationally, but which game gets played is determined by nonrational (e.g., perceptual) player characteristics. These determine their ''frames''-the sets of attributes of the objects ...
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    Title: Threshold Learning Dynamics in Social Networks  Author(s): GONZÁLEZ-AVELLA, Juan Carlos; EGUÍLUZ, Victor M.; MARSILI, Matteo; VEGA-REDONDO, Fernando; SAN MIGUEL, Maxi Date: 2011 Type of Publication: Article Abstract: Social learning is defined as the ability of a population to aggregate information, a process which must crucially depend on the mechanisms of social interaction. Consumers choosing which product to buy, or voters deciding ...
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    Title: Ticket Pricing Under Demand Uncertainty  Author(s): COURTY, Pascal Date: 2003 Type of Publication: Article
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    Title: To Begrudge Or Not to Begrudge: Consumption and Leisure Externalities Revisited  Author(s): DUERNECKER, Georg Date: 2008 Type of Publication: Article Abstract: This article employs a dynamic general equilibrium model to study the implications of a nonstandard preference structure for the short-run dynamics of the economy. Preferences in this model are assumed to contain comparison ...
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    Title: Trade Interdependence and the International-Business Cycle  Author(s): CANOVA, Fabio; DELLAS, H. Date: 1993 Type of Publication: Article Abstract: A stochastic general equilibrium model of the world economy is developed to analyze the contribution of trade interdependence to international business cycles. We test some of the implications of the model using data from ...
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    Title: Trade Liberalization, Firm Selection, and Variety Growth  Author(s): AGUR, Itai Date: 2010 Type of Publication: Article Abstract: 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? ...
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    Title: Transboundary Air-Pollution in Europe - An Interactive Multicriteria Tradeoff Analysis  Author(s): STAM, Antonie; KUULA, Markku; CESAR, Herman S. J. Date: 1992 Type of Publication: Article Abstract: In this paper, the acid rain problem in Europe is discussed, stressing the transboundary tradeoffs between abatement costs of sulphur emission reduction and corresponding deposition levels in the different countries. An ...
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    Title: Transmission of German Monetary Policy in the Pre-Euro Period  Author(s): LUETKEPOHL, Helmut; WOLTERS, Jürgen Date: 2003 Type of Publication: Article Abstract: A small macroeconomic model is constructed to study the transmission of the monetary policy conducted by the Deutsche Bundesbank (DBB) since the middle of the 1970s. For this purpose, quarterly, seasonally unadjusted data ...