Title:No PUN intended: A time series analysis of the Italian day-ahead electricity prices
Author(s):PETRELLA, Andrea; SAPIO, SandroDate:2010Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:How do changes in the market architecture affect the dynamics of deregulated electricity
prices? We investigate this issue in the context of the Italian Power Exchange
(IPEX), using data on the daily average day-ahead ...
Title:Noise Trading in Small Markets
Author(s):PALOMINO, FredericDate:1994Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Nominal Debt as a Burden on Monetary Policy
Author(s):DIAZ-GIMENEZ, Javier; GIOVANNETTI, Giorgia; MARIMON, Ramon; TELES, PedroDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We characterize the optimal sequential choice of monetary policy in economies
with either nominal or indexed debt. In a model where nominal debt is the only
source of time inconsistency, the Markov-perfect equilibrium ...
Title:Nominal Debt as a Burden on Monetary Policy
Author(s):DIAZ-GIMENEZ, Javier; GIOVANNETTI, Giorgia; MARIMON, Ramon; TELES, PedroDate:2007Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:We characterize the optimal sequential choice of monetary policy in economies with
either nominal or indexed debt. In a model where nominal debt is the only source of
time inconsistency, the Markov-perfect equilibrium ...
Title:The (Non) Reform of the Georgian Pension System, 1991-2011: A brief history and update
Author(s):GUGUSHVILI, AlexiDate:2012Type of Publication:Working PaperSeries/Report no.:Norwegian Institute of International Affairs (NUPI)Abstract:This study reviews the factors that played a major role in the development of the old-age pension system in Georgia, 1991-2009 and identifies three main stages in this process. Fiscal constraints and international technical ...
Title:Non-domination and the State: A Response to the Subaltern Critique
Author(s):LAMBA, RinkuDate:2008Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:The aim of this paper is to create some positive conceptual space for the relevance of the instrumentalities of the state when it comes to the politics of religious and multicultural accommodation. The challenge is to steer ...
Title:Non-Price Competition and Exchange Rate Pass-Through
Author(s):ASCIONE, AuroraDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:A substantial body of empirical works document that exchange rate pass-through to con- sumer prices is incomplete. This evidence has cast doubts on the ability of flexible exchange rates to generate expenditure switching. ...
Title:Nonlinear Causality Testing with Stepwise Multivariate Filtering
Author(s):BEKIROS, Stelios D.Date:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This study explores the direction and nature of causal linkages among six currencies denoted relative to United States dollar (USD), namely Euro (EUR), Great Britain Pound (GBP), Japanese Yen (JPY), Swiss Frank (CHF), ...