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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 ...

Title:The economics of books Author(s):CANOY, Marcel; VAN OURS, Jan; VAN DER PLOEG, FrederickDate:2005Type:Working PaperSeries/Number:CESifo Working Paper; 2005/1414Abstract:The tensions between books and book markets as expressions of culture and books as products in profit-making businesses are analysed and insights from the theory of industrial organisation are given. Governments intervene ...
Title:The economics of books Author(s):CANOY, Marcel; VAN OURS, Jan; VAN DER PLOEG, FrederickDate:2005Citation:
- Tilburg : University of Tilburg - CentER, 2005
Type:Working PaperSeries/Number:Tilburg CentER Discussion Paper No. 2005-13
Title:The international dimension of US expansions: A structural VAR analysis Author(s):CORSETTI, Giancarlo; DEDOLA, Luca; LEDUC, SylvainDate:2008Citation:
- Federal Reserve Bank of San Francisco, Working Paper Number 2007–27, October 2008
Type:Working Paper
Title:Reforming European universities : scope for an evidence-based process Author(s):VEUGELERS, Reinhilde; VAN DER PLOEG, FrederickDate:2008Type:Working PaperSeries/Number:CESifo Working Paper; 2008/2298
Title:Labor share decline and intellectual property products capital Author(s):KOH, Dongya; SANTAEULÀLIA-LLOPIS, Raül; ZHENG, Yu
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:Time-consistent institutional design Author(s):BRENDON, Charles
; ELLISON, MartinDate:2014Type:Working PaperSeries/Number:EUI MWP; 2014/21Abstract:We propose a new normative approach to designing institutional commitments in environments that are subject to a time inconsistency problem, à la Kydland and Prescott (1977). This approach captures the idea that institutions ...

Title:Sources of borrowing and fiscal multipliers Author(s):PRIFTIS, Romanos
; ZIMIC, SreckoDate:2017Type:Working PaperSeries/Number:EUI ECO; 2017/01Abstract:We find that debt-financed government spending multipliers vary considerably depending on the location of the debt holder. In a sample of 59 countries we find that government spending multipliers are larger when government ...

Title:Targeting interventions in networks Author(s):GALEOTTI, Andrea
; GOLUB, Benjamin; GOYAL, SanjeevDate:2018Type:Working PaperSeries/Number:EUI ECO; 2018/01Abstract:Individuals interact strategically with their network neighbors. A planner can shape incentives in pursuit of an aggregate goal, such as maximizing welfare or minimizing volatility. We analyze a variety of targeting problems ...

Title:Asymmetric macro-financial spillovers Author(s):BLUWSTEIN, Kristina
Date:2017Type:Working PaperSeries/Number:Sveriges Riksbank Working Paper Series; 2017/337Abstract:The 2008 financial crisis has shown that financial busts can influence the real economy. However, there is less evidence to suggest that the same holds for financial booms. Using a Markov-Switching vector autoregressive ...
