Browsing ECO Working Papers by Title

Title: MIDAS vs. Mixed-frequency VAR: Nowcasting GDP in the Euro Area Author(s): KUZIN, Vladimir; MARCELLINO, Massimiliano; SCHUMACHER, Christian Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper compares the mixed-data sampling (MIDAS) and mixed-frequency VAR (MF- VAR) approaches to model speci cation in the presence of mixed-frequency data, e.g., monthly and quarterly series. MIDAS leads to parsimonious ...

Title: Migration, Savings and Uncertainty Author(s): DUSTMANN, Christian Date: 1992 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Missing Observations and Additive Outliers in Time Series Models Author(s): MARAVALL, Agustin; PENA, Daniel Date: 1992 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: A Mixture Multiplicative Error Model for Realized Volatility Author(s): LANNE, Markku Date: 2006 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: A multiplicative error model with time-varying parameters and an error term following a mixture of gamma distributions is intro- duced. The model is fitted to the daily realized volatility series of Deutschemark/Dollar ...

Title: A Model for Ordinal Responses with an Application to Policy Interest Rate Author(s): SIRCHENKO, Andrei Date: 2012 Type of Publication: Working Paper Series/Report no.: Economics Education and Research Consortium (EERC) Working Papers Abstract: The decisions to reduce, leave unchanged, or increase (the price, rating, policy interest rate, etc.) are often characterized by abundant no-change outcomes that are generated by different processes. Moreover, the positive ...

Title: Modeling Conditional Skewness in Stock Returns Author(s): LANNE, Markku; SAIKKONEN, Pentti Date: 2005 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Modeling Expectations with Noncausal Autoregressions Author(s): LANNE, Markku; SAIKKONEN, Pentti Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper is concerned with univariate noncausal autoregressive models and their potential usefulness in economic applications. We argue that noncausal autoregres- sive models are especially well suited for modeling ...

Title: Modelling Interactions Between State and Private Sector in a 'Previously' Centrally Planned Economy Author(s): VALBONESI, Paola Date: 1993 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Modelling Vintage Structures with DDEs: Principles and Applications Author(s): BOUCEKKINE, Raouf; DE LA CROIX, David; LICANDRO, Omar Date: 2004 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: A Modern Reconsideration of the Theory of Optimal Currency Areas Author(s): CORSETTI, Giancarlo Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: What can be learnt from revisiting the Optimal Currency Areas (OCA) theory 50 years from its birth, in light of recent advances in open economy macro and monetary theory? This paper presents a stylized micro-founded model ...

Title: Monetary and Budgetary Policy Interaction: An SVAR Analysis of Stabilization Policies in Monetary Union Author(s): CLAEYS, Peter Date: 2004 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Monetary and Fiscal Policy Interactions under a Stability Pact Author(s): BUTI, Marco; ROEGER, Werner; IN'T VELD, Jan Date: 2001 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Monetary Policy Performance and the Accuracy of Observations Author(s): NIMARK, Kristoffer P. Date: 2003 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: The Monetary Transmission Mechanism Author(s): BENHABIB, Jess; FARMER, Roger E. A. Date: 1999 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Money is an Experience Good: Competition and Trust in the Private Provision of Money Author(s): MARIMON, Ramon; NICOLINI, Juan Pablo; TELES, Pedro Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We study the interplay between competition and trust as efficiency-enhancingmechanims in the private provision of money. With commitment, trust is automatically achieved and competition ensures efficiency. Without commitment, ...

Title: Money is an Experience Good: Competition and Trust in the Private Provision of Money Author(s): MARIMON, Ramon; NICOLINI, Juan Pablo; TELES, Pedro Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We study the interplay between competition and trust as efficiency-enhancing mechanisms in the private provision of money. With commitment, trust is automatically achieved and competition ensures efficiency. Without ...

Title: Money Metric Measures of Individual and Social Welfare Allowing for Environmental Externalities. Author(s): HAMMOND, Peter J. Date: 1990 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Money, Financial Stability and Efficiency Author(s): ALLEN, Franklin; CARLETTI, Elena; GALE, Douglas Date: 2011-01-16 Type of Publication: Working Paper Series/Report no.: Wharton Financial Institutions Center Abstract: Most analyses of banking crises assume that banks use real contracts. However, in practice contracts are nominal and this is what is assumed here. We consider a standard banking model with aggregate return risk, aggregate ...

Title: Money, Financial Stability and Efficiency Author(s): ALLEN, Franklin; CARLETTI, Elena; GALE, Douglas Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Most analyses of banking crises assume that banks use real contracts. However, in practice contracts are nominal and this is what is assumed here. We consider a standard banking model with aggregate return risk, aggregate ...

Title: Money, Financial Stability and Efficiency Author(s): ALLEN, Franklin; CARLETTI, Elena; GALE, Douglas Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Most analyses of banking crises assume that banks use real contracts. However, in practice contracts are nominal and this is what is assumed here. We consider a standard banking model with aggregate return risk, aggregate ...

Browsing ECO Working Papers by Title

DSpace/Manakin Repository

Browsing ECO Working Papers by Title

Browse

All of Cadmus

This Collection

My Account

Statistics

About the EUI

Programmes & Fellowships

Departments & Centres

Research

Services & Admin