Browsing ECO Working Papers by Title

Title: Risk-Sharing and Retrading in Incomplete Markets Author(s): GOTTARDI, Piero; RAHI, Rohit Date: 2012 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: At a competitive equilibrium of an incomplete-markets economy agents’ marginal valuations for the tradable assets are equalized ex-ante. We characterize the finest partition of the state space conditional on which this ...

Title: Risk-sharing, Enforceability, Information and Capital Structure Author(s): GONZALEZ DE LARA, Yadira Date: 2000 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Robust Estimation: An Example Author(s): HINLOOPEN, Jeroen; WAGENVOORT, Rien J.L.M. Date: 1995 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Robust Monopoly Pricing: The Case of Regret Author(s): BERGEMANN, Dirk; SCHLAG, Karl H. Date: 2005 Type of Publication: Working Paper Series/Report no.: EUI ECO 2005/10

Title: The Role of Expectations in Sudden Stops Author(s): MERTENS, Karel Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 Information in Economics Author(s): HAMMOND, Peter J. Date: 1990 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: The Role of Intuition and Reasoning in Driving Aversion to Risk and Ambiguity Author(s): BUTLER, Jeffrey V.; GUISO, Luigi; JAPPELLI, Tullio Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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, Fang Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: 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, Helena Date: 2011 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: 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 the Safety Net and the Labour Market on Falling Cash Consumption in Russia: 1994-96. A Quintile-Based Decomposition Analysis Author(s): KLUGMAN, Jeni; KOLEV, Alexandre Date: 1999 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: The Role of the Signal-Noise Ratio in Cointegrated Systems Author(s): KOSTIAL, Kristina Date: 1994 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: Rolling Back the Public Sector: differential effects on employment, investment and growth Author(s): VAN DER PLOEG, Frederick Date: 2003 Type of Publication: Working Paper Series/Report no.: Working Paper

Title: Rolling Back the Public Sector: Differential Effects on Unemployment, Investment and Growth Author(s): VAN DER PLOEG, Frederick Date: 2005 Type of Publication: Working Paper Series/Report no.: CEPR discussion paper Abstract: The macroeconomic effects of different ways of rolling back the welfare state are analysed. Cutting public spending on market goods induces a lower interest rate, a higher wage, a lower capital stock and a fall in employment. ...

Title: RTAs Formation and Trade Policy Author(s): SALA, Davide Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: From the mid-60s to the mid-80s there has been a gradual but fundamental change in the nature of trade protection. International trade has become increasingly restricted by quotas and other nontariff barriers, as the ...

Title: Rules of Thumb and Local Interaction Author(s): VALENTINYI, Akos Date: 1995 Type of Publication: Working Paper Series/Report no.: EUI ECO

Title: S-Curve Redux: On the International Transmission of Technology Shocks Author(s): ENDERS, Zeno; MÜLLER, Gernot J. Date: 2006 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Using vector autoregressions on U.S. time series, we find that technology shocks induce an ‘S’- shaped cross-correlation function for the trade balance and the terms of trade (S-curve). In calibrating a prototypical ...

Title: Sample Kurtosis, GARCH-t and the Degrees of Freedom Issue Author(s): HERACLEOUS, Maria S. Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: Econometric modeling based on the Student's t distribution introduces an additional parameter -- the degree of freedom. In this paper we use a simulation study to investigate the ability of (i) the GARCH-t model (Bollerslev, ...

Title: Sample Kurtosis, GARCH-t and the Degrees of Freedom Issue Author(s): HERACLEOUS, Maria S. Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Econometric modeling based on the Student’s t distribution introduces an additional parameter — the degree of freedom. In this paper we use a simulation study to investigate the ability of (i) the GARCH-t model (Bollerslev, ...

Title: The Saving Glut Explanation of Global Imbalances. The Role of Underinvestment Author(s): CORNELI, Flavia Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: According to the “Saving Glut hypothesis”, global imbalances are caused by inefficiently high level of precautionary savings in .nancially underdeveloped regions, where agents have limited opportunity to diversify idiosyncratic ...

Title: School Quality, Exam Performance, and Career Choice Author(s): DUSTMANN, Christian; RAJAH, Najma; VAN SOEST, Arthur Date: 1998 Type of Publication: Working Paper Series/Report no.: EUI ECO

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