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Title:The allocation of talent : finance versus entrepreneurship Author(s):SHAKHNOV, Kirill
Date:2014Type:Working PaperSeries/Number:EUI ECO; 2014/13Abstract:The rapid growth of the US financial sector has driven policy debate on whether it is socially desirable. I propose a heterogeneous agent model with asymmetric information and matching frictions that produces a tradeoff ...
Date:2014Type:Working PaperSeries/Number:EUI ECO; 2014/13Abstract:The rapid growth of the US financial sector has driven policy debate on whether it is socially desirable. I propose a heterogeneous agent model with asymmetric information and matching frictions that produces a tradeoff ...
Title:Value of information in competitive economies with incomplete markets Author(s):GOTTARDI, Piero; RAHI, RohitDate:2014Citation:
- International Economic Review, 2014, Vol. 55, No. 1, pp. 57–81
Type:ArticleAbstract:We study the value of public information in competitive economies with incomplete markets. We show that generically the welfare effect of a change in the information available prior to trading can be in any direction : ...
; RAHI, RohitDate:2014Citation:
Title:On the economic impact of international sport events : microevidence from survey data at the euro 2008 Author(s):LAMLA, Michael Josef; STRAUB, Martin; GIRSBERGER, Esther MirjamDate:2014Citation:
- Applied economics, 2014, Vol. 46, No. 15, pp. 1693-1703
Type:ArticleAbstract:Using firm-level data for more than 700 Swiss hotels and restaurants, we evaluate the economic impact of the EURO 2008 soccer championship in Switzerland. Although aggregated macrodata do not reveal any sizable economic ...
Date:2014Citation:
Title:Essays in applied econometrics and finance Author(s):ELLWANGER, ReinhardDate:2015Citation:
- Florence : European University Institute, 2015
Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:This thesis comprises three essays. The first two chapters address topics in commodity markets and their interaction with derivative and other asset markets. The third essay deals with the effects to and from fiscal policy ...
Date:2015Citation:
Title:Labor share decline and intellectual property products capital Author(s):KOH, Dongya; SANTAEULÀLIA-LLOPIS, Raül; ZHENG, YuDate:2015Type:Working PaperSeries/Number:EUI ECO; 2015/05Abstract:We study the behavior of the US labor share over the past 65 years. We find that intellectual property products (IPP) capital entirely accounts for the observed decline of the US labor share, which otherwise is secularly ...
Date:2015Type:Working PaperSeries/Number:EUI ECO; 2015/05Abstract:We study the behavior of the US labor share over the past 65 years. We find that intellectual property products (IPP) capital entirely accounts for the observed decline of the US labor share, which otherwise is secularly ...
Title:Choosing the variables to estimate singular DSGE models Author(s):CANOVA, Fabio; FERRONI, Filippo; MATTHES, ChristianDate:2014Citation:
- Journal of Applied Econometrics, 2014, Vol. 29, No. 7, pp. 1099-1117
Type:ArticleAbstract:We propose two methods to choose the variables to be used in the estimation of the structural parameters of a singular DSGE model. The first selects the vector of observables that optimizes parameter identification; the ...
; FERRONI, Filippo; MATTHES, ChristianDate:2014Citation:
Title:Bridging DSGE models and the raw data Author(s):CANOVA, FabioDate:2014Citation:
- Journal of Monetary Economics, 2014, Vol. 67, pp. 1-15
Type:ArticleAbstract:A method to estimate DSGE models using the raw data is proposed. The approach links the observables to the model counterparts via a flexible specification which does not require the model-based component to be located ...
Date:2014Citation: