Browsing ECO Working Papers by Title

Title: International Consumption Insurance and Within-Country Risk Reallocation Author(s): LO PRETE, Anna Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: Institutions meant to reallocate risks that cannot be fully diversified on financial markets, such as labour income fluctuations, may also affect the response of aggregate consumption to country-specific income shocks. ...

Title: International Consumption Risk Sharing Author(s): CANOVA, Fabio; RAVN, Morten O. Date: 1993 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: The International Dimension of Productivity and Demand Shocks in the US Economy Author(s): CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, Sylvain Date: 2008 Type of Publication: Working Paper Series/Report no.: CEPR Abstract: This paper investigates the international dimension of productivity and demand shocks to US manufacturing. Identifying shocks with sign restrictions based on standard theory predictions we find that productivity gains in ...

Title: International Lending of Last Resort and Moral Hazard: a model of IMF's catalytic finance Author(s): CORSETTI, Giancarlo; GUIMARAES, Bernardo; ROUBINI, Nouriel Date: 2003 Type of Publication: Working Paper Series/Report no.: 10125

Title: International Risk Sharing and the Transmission of Productivity Shocks Author(s): CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, Sylvain Date: 2004 Type of Publication: Working Paper Series/Report no.: CEPR discussion paper Abstract: A central puzzle in international finance is that real exchange rates are volatile and, in stark contradiction to efficient risk sharing, negatively correlated with cross-country consumption ratios. This Paper shows that ...

Title: International Risk-Sharing and the Transmission of Productivity Shocks Author(s): CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, Sylvain Date: 2003 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: International Risk-Sharing and the Transmission of Productivity Shocks Author(s): CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, Sylvain Date: 2004 Type of Publication: Working Paper Series/Report no.: ECB working paper

Title: International Risk-Sharing in the Short Run and in the Long Run Author(s): BECKER, Sascha; HOFFMANN, Mathias Date: 2001 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: The International Risk-Sharing Puzzle is at Business Cycle and Lower Frequency Author(s): CORSETTI, Giancarlo; DEDOLA, Luca; VIANI, Francesca Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We decompose the Backus-Smith [1993] statistic -- a low or negative correlation between relative consumption and the real exchange rate at odds with a high degree of international risk sharing -- in its dynamic components ...

Title: International Schumpeterian Competition and Optimal R&D Subsidies Author(s): IMPULLITI, Giammario Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper studies the welfare effects of international competition in the market for innovations, and analyzes how competition affects the costs and the benefits of cooperative and non-cooperative R&D subsidies. I set ...

Title: International Schumpeterian competition and optimal R&D subsidies Author(s): IMPULLITI, Giammario Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper studies the welfare effects of international competition in the market for innovations, and analyzes how competition affects the costs and the benefits of cooperative and non-cooperative R&D subsidies. I set ...

Title: International Trade and Growth: The Impact of Selection and Imitation Author(s): STÖLTING, Sarah Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper develops an endogenous growth model with heterogeneous firms to analyze the impact of intra-industry trade on productivity growth. Growth is generated by selection, and sustained by entrants imitating successful ...

Title: The International Transmission of Shocks in an Imperfectly Competitive International Business Cycle Model Author(s): UBIDE, Angel J. Date: 1996 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Interpersonal Comparisons of Utility: Why and how they are and should be made. Author(s): HAMMOND, Peter J. Date: 1990 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Interpreting Procyclical Productivity: Evidence from a Cross-Nation Cross-Industry Panel Author(s): WALDMANN, Robert; DE LONG, J. Bradford Date: 1992 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Intertemporal Objectives. Author(s): HAMMOND, Peter J. Date: 1990 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Inventors and Impostors: An Economic Analysis of Patent Examination Author(s): SCHUETT, Florian Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The objective of patent examination is to separate the wheat from the chaff. Good applications - those satisfying the patentability criteria, particularly novelty and nonobviousness - should be accepted, while bad applications ...

Title: Inventory Holdings by a Monopolist Middleman Author(s): FINGLETON, John Date: 1991 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Is Discrete Time a Good Representation of Continuous Time? Author(s): LICANDRO, Omar; PUCH, Luis A. Date: 2006 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Economists model time as continuous or discrete. The recent literature on continuous time models with delays should help to bridge the gap between these two families of models. In this note, we propose a simple time–to–build ...

Title: Is Honesty Always the Best Policy? Author(s): EHRBECK, Tilman; WALDMANN, Robert Date: 1995 Type of Publication: Working Paper Series/Report no.: EUI ECO

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