Title:Intertemporal Objectives.
Author(s):HAMMOND, Peter J.Date:1990Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Inventors and Impostors: An Economic Analysis of Patent Examination
Author(s):SCHUETT, FlorianDate:2009Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract: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:Is Discrete Time a Good Representation of Continuous Time?
Author(s):LICANDRO, Omar; PUCH, Luis A.Date:2006Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract: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, RobertDate:1995Type of Publication:Working PaperSeries/Report no.:EUI ECO
Title:Is the New Keynesian Phillips Curve Flat?
Author(s):STÖLTING, Sarah; KUESTER, Keith; MÜLLER, Gernot J.Date:2007Type of Publication:Working PaperSeries/Report no.:ECB Working PaperAbstract:Macroeconomic data suggest that the New Keynesian Phillips curve is quite flat - despite microeconomic evidence implying frequent price adjustments. While real rigidities may help to account for the conflicting evidence, ...
Title:Is there a European Business Cycle?
Author(s):ARTIS, Michael J.Date:2003Type of Publication:Working PaperSeries/Report no.:Working Paper
Title:Is there a European Business Cycle?
Author(s):ARTIS, Michael J.Date:2003Type of Publication:Working PaperSeries/Report no.:CESifo Working PaperAbstract:The paper uses quarterly GDP data for some 30 years up to and including 2001, to examine the identity and development of the European business cycle. Cycles are identified by using a band-pass filter version of the ...
Title:Just A Matter of Time: Empirical Evidence of the Causal Effect of Education on Fertility in Italy
Author(s):FORT, MargheritaDate:2007Type of Publication:Working PaperSeries/Report no.:EUI MWPAbstract:This paper assesses the causal effects of education on fertility, allowing for
heterogeneity in the effects while controlling for the self-selection of women into
education. Identification relies on exogenous variation ...
Title:Labor Adjustment: Disentangling Firing and Mobility Costs
Author(s):GUISO, Luigi; SAPIENZA, Paola; ZINGALES, LuigiDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:This paper studies the costs of adjusting employment, distinguishing between firms’
firing and workers’ mobility costs. We construct a simple dynamic general equilibrium
model of labor demand and supply and show that ...
Title:Labor Market Dynamics and the Business Cycle: Structural Evidence for the United States
Author(s):RAVN, Morten O.; SIMONELLI, SaverioDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:We use a 12-dimensional VAR to examine the dynamic effects on the labor market of four struc-
tural technology and policy shocks. For each shock, we examine the dynamic effects on the labor
market, the importance of the ...
Title:Labor Turnover before Plant Closure: ‘Leaving the sinking ship’ vs. ‘Captain throwing ballast overboard’
Author(s):SCHWERDT, GuidoDate:2007Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Involuntary job loss in administrative data is commonly identified
by focusing on mass-layoffs or plant closures. However, such events
usually do not happen without prior knowledge, which potentially
leads to selection ...
Title:Labor-Market Volatility in the Search-and-Matching Model: The Role of Investment-Specific Technology Shocks
Author(s):FACCINI, Renato; ORTIGUEIRA, SalvadorDate:2008Type of Publication:Working PaperSeries/Report no.:EUI ECOAbstract:Shocks to investment-specific technology have been identified as a main source of U.S. aggregate output volatility. In this paper we assess the contribution of these shocks to the volatility of labor market variables, ...