Title:The Role of Curvature in the Transformation Frontier for Measuring Technology Shocks
Author(s):MENNUNI, AlessandroDate:2010-10-28Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:In the usual version of the neoclassical growth model used to identify neutral (N-Shock) and investment shocks (I-Shock), a linear transformation frontier between consumption and investment goods is assumed. This paper ...
Title:The role of europarties in framing the European Union Foreign and Security Policy
Author(s):CALOSSI, Enrico; COTICCHIA, FabrizioDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:The implementation of the Lisbon Treaty assessed new prerogatives to the European Parliament (EP) on the Common Foreign and Security Policy (CFSP) and on the Common Security and Defence Policy (CSDP). This has increased ...
Title:The Role of Expectations in Sudden Stops
Author(s):MERTENS, KarelDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper presents a flexible-price small open economy model with a “peso problem”
in productivity states. Agents rationally adjust their beliefs about future productivity
growth after the arrival of news. A downward ...
Title:The Role of Institutions in Cosmopolitan Justice
Author(s):MIKLOS, AndrasDate:2007Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:This paper focuses on a distinction between two kinds of theories about the role of institutions in cosmopolitan justice. Some philosophers claim that principles of egalitarian justice apply to institutional schemes only, ...
Title:The Role of Intellectual Property in Joint Innovation and Development
Author(s):SVETIEV, YaneDate:2011Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:This paper focuses on the role of intellectual property (IP) in structuring and governing innovative ventures between independent firms. The issue is particularly important given the tendency towards vertical disintegration ...
Title:The Role of Intuition and Reasoning in Driving Aversion to Risk and Ambiguity
Author(s):BUTLER, Jeffrey V.; GUISO, Luigi; JAPPELLI, TullioDate:2011-01-01Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Using information on a large sample of retail investors and experimental data we find that risk aversion and risk ambiguity are correlated: individuals who dislike risk also dislike ambiguity. We show that what links these ...
Title:The Role of log Transformation in Forecasting Economic Variables
Author(s):LUETKEPOHL, Helmut; XU, FangDate:2009Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:For forecasting and economic analysis many variables are used in logarithms (logs). In time series
analysis this transformation is often considered to stabilize the variance of a series. We investigate
under which ...
Title:The Role of Mothers and Fathers in Providing Skills: Evidence from Parental Deaths
Author(s):ADDA, Jérôme; BJÖRKLUND, Anders; HOLMLUND, HelenaDate:2011Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper evaluates the long-term consequences of parental death on children’s cognitive and noncognitive skills, as well as on labor market outcomes. We exploit a large administrative data set covering many Swedish ...
Title:The Role of Science in Risk Regulation under the SPS Agreement
Author(s):GRUSZCZYNSKI, LukaszDate:2006Type of Publication:Working PaperSeries/Report no.:EUI LAWAbstract:This paper attempts to present a comprehensive and coherent picture of the role
performed by science under the SPS Agreement and SPS case law. It argues that the approach
adopted by the Appellate Body is predominantly ...
Title:The role of the rule of law in ASEAN integration
Author(s):EWING-CHOW, Michael; HSIEN-LI, TanDate:2013Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:From its establishment in 1967, ASEAN has relied more on diplomacy rather than law. Political relations were managed by consultation and consensus and declaratory statements, while treaties denoting binding legal obligations ...
Title:The Role of Thermal Storage and Natural Gas in a Smart Energy System
Author(s):VANDEWALLE, Jeroen; KEYAERTS, Nico; D'HAESELEER, WilliamDate:2012Type of Publication:Working PaperSeries/Report no.:EUI RSCASAbstract:Smart grids are considered important building blocks of a future energy system that facilitates integration of massive distributed energy resources like gas-fired cogeneration (CHP). The latter produces thermal and electric ...