Browsing ECO Articles by Title

Title:The political cost of public-private partnerships : theory and evidence from Colombian infrastructure development Author(s):ANGULO AMAYA, Maria Camila; BERTELLI, Anthony Michael; WOODHOUSE, Eleanor Florence

Date:2020Citation:Governance, 2020, Vol. 33, No. 4, pp. 771-788Type:ArticleAbstract:Infrastructure public-private partnerships (PPPs) eschew traditional public management to provide distributive goods worldwide. Yet, in Colombia, the context of our study, both the promise of and voters' experience with ...

Title:Political Instability and Economic Vulnerability Author(s):BUSSIERE, Matthieu; MULDER, C.Date:2000Citation:International Journal of Finance & Economics, 2000, 5, 4, 309-330Type:ArticleAbstract:This paper analyzes and tests the influence of political instability on economic vulnerability in the context of the 1994 and 1997 crisis episodes. It constructs four political variables that aim at quantifying political ...

Title:The politics of flexibility : exploring the contested statehood-EU actorness nexus in Georgia Author(s):DOBRESCU, Madalina

; SCHUMACHER, TobiasDate:2020Citation:Geopolitics, 2020, Vol. 25, No. 2, pp. 407-427Type:ArticleAbstract:This article examines whether contested statehood represents a hindering condition for EU actorness in Georgia, a country where the EU has had ample opportunities to engage with contested territories. It focuses on EU ...

Title:Portfolio optimization with investor utility preference of higher-order moments : a behavioral approach Author(s):BEKIROS, Stelios D.

; LOUKERIS, Nikolaos; ELEFTHERIADIS, IordanisDate:2017Citation:Review of behavioral economics, 2017, Vol. 4, No. 2, pp. 83-106Type:ArticleAbstract:We incorporate advanced higher moments of individual or institutional investors in a new approach dealing with the portfolio selection problem, formulated under a multi-criteria optimization framework. The “integrated ...

Title:Post-Entry Behaviour and the Cycle: Evidence From Germany Author(s):BOERI, Tito; BELLMANN, L.Date:1995Citation:International Journal of Industrial Organization, 1995, 13, 4, 483-500Type:ArticleAbstract:Based on a rich database on establishments in western Germany, the paper aims at characterising the relationship between, on the one hand, growth and exit of entering cohorts and, on the other hand, aggregate business ...

Title:Poverty in Pre-Reform Uzbekistan - What Do Official Data Really Reveal Author(s):MARNIE, Sheila; MICKLEWRIGHT, JohnDate:1994Citation:Review Of Income And Wealth, 1994, , 4, 395-414Type:ArticleAbstract:Using 1989 household survey data, we investigate large differences in poverty measured with a conventional all-Union per capita income line between Uzbekistan, the largest Central Asian republic of the former U.S.S.R., and ...

Title:PPP Strikes Back: Aggregation and the Real Exchange Rate Author(s):RAVN, Morten O.; IMBS, Jean; MUMTAZ, Haroon; REY, HeleneDate:2005Citation:The Quarterly Journal of Economics, 2005, 120, 1, 1-43Type:Article

Title:Practical Problems with Reduced-rank ML Estimators for Cointegration Parameters and a Simple Alternative Author(s):BRUEGGEMANN, Ralf; LUETKEPOHL, Helmut

Date:2005Citation:Oxford Bulletin of Economics and Statistics, 2005, 67, 5, 673-690.Type:Article

Title:Precautionary Motives and Portfolio Decisions Author(s):HOCHGUERTEL, StefanDate:2003Citation:Journal of Applied Econometrics, 2003, 18, 1, 61-77Type:ArticleAbstract:This paper studies the empirical relevance of precautionary and other motives for household portfolio behaviour using recent panel data from the Netherlands. Dutch households' portfolios exhibit low degrees of risk taking ...

Title:Predicting stock returns and volatility using consumption-aggregate wealth ratios : a nonlinear approach Author(s):BEKIROS, Stelios D.

; GUPTA, RanganDate:2015Citation:Economics letters, 2015, Vol. 131, pp. 83-85Type:ArticleAbstract:Recent empirical evidence based on a linear framework tends to suggest that a Markov-switching version of the consumption-aggregate wealth ratio (View the MathML source), developed to account for structural breaks, is a ...

Title:Preferred Point Geometry and Statistical Manifolds Author(s):CRITCHLEY, Frank; MARRIOTT, Paul; SALMON, MarkDate:1993Citation:Annals Of Statistics, 1993, 21, 3, 1197-1224Version:The article is a published version of EUI ECO WP; 1991/51Type:ArticleAbstract:A new mathematical object called a preferred point geometry is introduced in order to (a) provide a natural geometric framework in which to do statistical inference and (b) reflect the distinction between homogeneous aspects ...

Title:Preferred Point Geometry and the Local Differential Geometry of the Kullback-Leibler Divergence Author(s):CRITCHLEY, Frank; MARRIOTT, Paul; SALMON, MarkDate:1994Citation:Annals Of Statistics, 1994, 22, 3, 1587-1602Version:The article is a published version of EUI ECO WP; 1991/53Type:ArticleAbstract:A new preferred point geometric structure for statistical analysis, closely related to Amari's alpha-geometries, is introduced. The added preferred point structure is seen to resolve the problem that divergence measures ...

Title:Price carbon : I will if you will Author(s):MACKAY, David; CRAMTON, Peter; OCKENFELS, Axel; STOFT, StevenDate:2015Citation:Nature, 2015, Vol. 526, No. 7573, pp. 315–316Type:ArticleAbstract:A common goal that is in everyone’s self-interest is needed for countries to sign up to a strong climate agreement at Paris, say David MacKay and colleagues.

Title:Price Leadership and Discrimination in the European Car Market Author(s):KIRMAN, Alan; SCHUELLER, NathalieDate:1990Citation:Journal of Industrial Economics, 1990, 39, 1, 69-91Type:Article

Title:Price Search and Spatial Competition Author(s):GABSZEWICZ, Jean J.; GARELLA, PaoloDate:1987Citation:European Economic Review, 1987, 31, 4, 827-842Type:Article

Title:Price Smoothing Policies - A Welfare Analysis Author(s):CANOVA, Fabio

Date:1992Citation:Journal of Monetary Economics, 1992, 30, 2, 255-275Version:The article is a published version of EUI ECO WP; 1992/102Type:ArticleAbstract:In post-WWII experience U.S. monetary authorities have attempted to eliminate seasonal fluctuations in prices and nominal interest rates. Developments in financial markets and recently discovered empirical regularities ...

Title:Price Variation Antagonism and Firm Pricing Policies Author(s):COURTY, Pascal; PAGLIERO, MarioDate:2010Citation:Journal of Economic Behavior & Organization, 2010, 75, 2, 235-249Type: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 ...

Title:Price-competition in markets for dichotomous substitutes Author(s):GARELLA, Paolo; MARTINEZ-GIRALT, XavierDate:1989Citation:International journal of industrial organization, 1989, Vol. 7, No. 3, pp. 357-367Type:ArticleAbstract:The paper deals with price rivalry between two sellers of a differentiated good. Each firm occupies one of the two possible locations in the characteristics space considered. This resembles real situations like the choice ...

Title:Pricing to Habits and the Law of One Price Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2007Citation:American Economic Review, 2007, 97, 2, 232-238Type:Article

Title:Pricing, signalling, and sorting with frictions Author(s):GODENHIELM, Mats; KULTTI, Klaus; VIRKOLA, Tuomo

Date:2020Citation:The BE journal of theoretical economics, 2020, Vol. 20, No. 1, Art. 20180108, OnlineOnlyType:ArticleAbstract:We analyse signalling and sorting in a market with frictions and private information. Buyers are heterogeneous, the sellers choose what quality to produce and post prices. Buyers do not observe quality, but infer it from ...