Browsing ECO Working Papers by Title

Title: Path Forecast Evaluation Author(s): JORDÀ, Òscar; MARCELLINO, Massimiliano Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: A path forecast refers to the sequence of forecasts 1 to H periods into the future. A summary of the range of possible paths the predicted variable may follow for a given confidence level requires construction of simultaneous ...

Title: Peer Effects and Peer Avoidance: Epidemic Diffusion in Coevolving Networks Author(s): FOSCO, Constanza; MARSILI, Matteo; VEGA-REDONDO, Fernando Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We study the long-run-emergency of behavioral patterns in dynamic complex networks. Individuals display two kinds of behavior: G("good") or B ("bad"). We assume that agents have an innate tendency towards G, but can also ...

Title: Peer Effects in Free School Meals: Information or stigma? Author(s): JAMES, Jonathan Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: This paper investigates peer effects in the take up of a welfare programme, free school meals, using the Pupil Level Annual School Census (PLASC) which collects data on every child attending school in England. To explore ...

Title: Pension Risk, Retirement Saving and Insurance Author(s): GUISO, Luigi; JAPPELLI, Tullio; PADULA, Mario Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Using a representative sample of Italian investors, we estimate the risk associated with pension benefits by eliciting for each individual the subjective distribution of the replacement rate as a summary indicator of ...

Title: The Performance of Panel Unit Root and Stationarity Tests: Results from a Large Scale Simulation Study Author(s): HLOUSKOVA, Jaroslava; WAGNER, Martin Date: 2005 Type of Publication: Working Paper Series/Report no.: EUI ECO 2005/05

Title: Periodic Model Changes in Oligopoly. Author(s): MARTIN, Stephen Date: 1990 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Policy Mix and Debt Sustainability: Evidence from Fiscal Policy Rules Author(s): CLAEYS, Peter Date: 2005 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Policy Uncertainty and Investment in Low-Carbon Technology Author(s): ALBRIZIO, Silvia; COSTA, Hélia Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: In the context of an emission trading scheme (ETS), we study how uncertainty over the environmental policy affectsfirms' investment in low-carbon technologies. We develop a three period sequential model that combines the ...

Title: Policymakers' Votes and Predictability of Monetary Policy Author(s): SIRCHENKO, Andrei Date: 2010-01-01 Type of Publication: Working Paper Series/Report no.: University of California San Diego Economics Working Paper Series Abstract: The National Bank of Poland does not publish the Monetary Policy Council's voting records before the subsequent policy meeting. Using the real-time data, this paper shows that a prompter release of the voting records could ...

Title: Policymakers’ Votes and Predictability of Monetary Policy Author(s): SIRCHENKO, Andrei Date: 2011 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The National Bank of Poland does not publish the Monetary Policy Council's voting records before the subsequent policy meeting. Using real-time data, this paper shows that a prompter release of the voting records could ...

Title: Polish Stabilization: What Can We Learn From the I (2) Cointegration Analysis Author(s): VOSTROKNUTOVA, Ekaterina Date: 2003 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Polynomially Cointegrated Systems and their Representations. A Synthesis Author(s): HALDRUP, Niels; SALMON, Mark Date: 1994 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Pooling versus Model Selection for Nowcasting with Many Predictors: An Application to German GDP Author(s): KUZIN, Vladimir; MARCELLINO, Massimiliano; SCHUMACHER, Christian Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper discusses pooling versus model selection for now- and forecasting in the presence of model uncertainty with large, unbalanced datasets. Empirically, unbalanced data is pervasive in economics and typically due ...

Title: Population Aging and Economic Growth: The Effect of Health Expenditure Author(s): MIZUSHIMA, Atsue Date: 2008 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Rising longevity has led to population aging in developed countries, causing increasing concerns about its economic impact. Specially, the trend of population aging increases health expenditure in developed countries, and ...

Title: Pork Versus Public Goods: An Experimental Study of Public Good Provision Within a Legislative Bargaining Framework Author(s): FRÉCHETTE, Guillaume R.; KAGEL, John H.; MORELLI, Massimo Date: 2010-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We experimentally investigate a legislative bargaining model with both public and particularistic goods. Consistent with the qualitative implications of the model: There is near exclusive public good provision in the pure ...

Title: Positive Arithmetic of the Welfare State Author(s): CONDE-RUIZ, Jose Ignacio; GALASSO, Vincenzo Date: 2000 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: A Positive Explanation of EU Enlargement Author(s): BROU, Daniel; RUTA, Michele Date: 2004 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Potential Welfare Losses for Financial Autarky and Trade Sanctions Author(s): ANAGNOSTOPOULOS, Alexis Date: 2004 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Poverty in Pre-Reform Uzbekistan: What do Official Data Really Reveal? Author(s): MARNIE, Sheila; MICKLEWRIGHT, John Date: 1993 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Practical Problems with Reduced Rank ML Estimators for Cointegration Parameters and a Simple Alternative Author(s): BRUEGGEMANN, Ralf; LUETKEPOHL, Helmut Date: 2004 Type of Publication: Working Paper Series/Report no.: EUI ECO

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