Browsing ECO Articles by Title

Title: Country Asymmetries, Endogenous Product Choice and the Speed of Trade Liberalization Author(s): MOTTA, Massimo; CABRALES, Antonio Date: 2001 Type of Publication: Article

Title: Country Asymmetries, Endogenous Product Choice and the Timing of Trade Liberalization Author(s): CABRALES, Antonio; MOTTA, Massimo Date: 2001 Type of Publication: Article Abstract: We analyze the effects of trade liberalization on firms' decisions and profits in a vertical product differentiation model with countries which have different characteristics. Firms decide product specifications at the ...

Title: Credibility and the Value of Information-Transmission in A Model of Monetary-Policy and Inflation Author(s): BASAR, Tamer; SALMON, Mark Date: 1990 Type of Publication: Article

Title: Credit and Risk in Rural Developing Economies Author(s): OSBORNE, Theresa Date: 2006 Type of Publication: Article Abstract: This paper examines the theory of credit as a means of raising the productivity and living standards of producer households who face significant uncertainty. A dynamic model with uncertainty is developed in which households ...

Title: Critical Presentation of Monetary Approach to Balance of Payments Author(s): JESPERSEN, Jesper Date: 1978 Type of Publication: Article

Title: Cross-Border Spillovers from Fiscal Stimulus Author(s): CORSETTI, Giancarlo; MEIER, André; MÜLLER, Gernot J. Date: 2010 Type of Publication: Article Abstract: The global recession of 2008–09 has revived interest in the international repercussions of domestic policy choices. This paper focuses on the case of fiscal stimulus, investigating cross-border spillovers from an increase ...

Title: Cross-sectional Averaging and Instrumental Variable Estimation with Many Weak Instruments Author(s): KAPETANIOS, George; MARCELLINO, Massimiliano Date: 2010 Type of Publication: Article Abstract: The present paper suggests a new way to carry out IV estimation with many instruments. Our suggestion is to cross-sectionally average the instruments and use these averages as instruments. We provide a theoretical and Monte ...

Title: Cultural Biases in Economic Exchange? Author(s): GUISO, Luigi; SAPIENZA, Paola; ZINGALES, Luigi Date: 2009 Type of Publication: Article Abstract: How much do cultural biases affect economic exchange? We answer this question by using data on bilateral trust between European countries. We document that this trust is affected not only by the characteristics of the ...

Title: Customs Union and Technical Efficiency Author(s): PELKMANS, Jacques Date: 1982 Type of Publication: Article

Title: Dancing with the Devil: Country Size and the Incentive to Tolerate Money Laundering Author(s): GNUTZMANN, Hinnerk; MCCARTHY, Killian J.; UNGER, Brigitte Date: 2010 Type of Publication: Article Abstract: The incidence of money laundering, and the zeal with which international anti-money laundering (AML) policy is pursued, varies significantly from country to country, region to region. There are, however, quite substantial ...

Title: Das Verbot von Cross-Ticketing in den AGB von Flugbeförderungsverträgen und deren verbandsklagerechtliche Kontrolle – Eine ökonomische und rechtliche Analyse Author(s): PURNHAGEN, Kai Peter; HAUZENBERGER, Klemens Date: 2009 Type of Publication: Article

Title: Dating Business Cycles: a Methodological Contribution with an Application to the Euro Area Author(s): ARTIS, Michael J.; MARCELLINO, Massimiliano; PROIETTI, Tommaso Date: 2004 Type of Publication: Article

Title: Dating the Business Cycle in Britain Author(s): ARTIS, Michael J. Date: 2005 Type of Publication: Article Abstract: The NIESR's monthly GDP series is an innovative feature; most GDP estimates are published at an annual, or quarterly frequency at best. For purposes of dating the business cycle the availability of this series is an asset, ...

Title: Dealer Pricing of Consumer Credit Author(s): BERTOLA, Giuseppe; HOCHGUERTEL, Stefan; KOENIGER, Winfried Date: 2005 Type of Publication: Article

Title: Decision Makers Facing Uncertainty: Theory Versus Evidence Author(s): GIORDANI, Paolo E.; SCHLAG, Karl H.; ZWART, Sanne Date: 2010 Type of Publication: Article Abstract: 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, ...

Title: Deep habits Author(s): RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, Martin Date: 2006 Type of Publication: Article Abstract: 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 ...

Title: Deposit Insurance and Risk Taking Author(s): ALLEN, Franklin; CARLETTI, Elena; LEONELLO, Agnese Date: 2011 Type of Publication: Article Abstract: 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 ...

Title: Detecting big structural breaks in large factor models Author(s): CHEN, Liang; DOLADO, Juan J.; GONZALO, Jesús Date: 2014 Type of Publication: Article Abstract: 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 ...

Title: Determinants of Short-Term Debt: a note Author(s): LUSINYAN, Lusine; BUCH, Claudia Date: 2003 Type of Publication: Article

Title: The development of egalitarianism, altruism, spite and parochialism in childhood and adolescence? Author(s): FEHR, Ernst; GLÄTZLE-RÜTZLER, Daniela; SUTTER, Matthias Date: 2013 Type of Publication: Article Abstract: 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. ...

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