Browsing ECO Articles by Title

Title:Endogenous Business Cycles with Frictional Labor Markets Author(s):ORTIGUEIRA, Salvador; HASHIMZADE, NigarDate:2005Citation:The Economic Journal , 2005, 115, 502, 161-175Type:Article

Title:Endogenous Firm Efficiency in a Cournot Principal-Agent Model Author(s):MARTIN, StephenDate:1993Citation:Journal of Economic Theory, 1993, 59, 2, 445-450Version:The article is a published version of EUI ECO WP; 1991/44Type:Article

Title:Endogenous group formation and responsibility diffusion : an experimental study Author(s):BRÜTT, Katharina

; SCHRAM, Arthur

; SONNEMANS, JoepDate:2020Citation:Games and economic behavior, 2020, Vol. 121, pp. 1-31Type:ArticleAbstract:We study the effects of varying individual pivotality and endogenous group entry on the selfishness of group decisions. Selfish choices by groups are often linked to the possibility of diffusing responsibility; the moral ...

Title:Endogenous Growth and Time-To-Build: The Ak Case Author(s):BAMBI, MauroDate:2008Citation:Journal of Economic Dynamics & Control, 2008, 32, 4, 1015-1040Type:ArticleAbstract:In this paper, a continuous time AK model is fully analyzed under the time-to-build assumption. The existence and uniqueness of a (real) balanced growth path as well as oscillatory convergence are proved. Transversality ...

Title:Endogenous health groups and heterogeneous dynamics of the elderly Author(s):AMENGUAL, Dante

; BUEREN, Jesus

; CREGO, Julio A.Date:2021Citation:Journal of applied econometrics, 2021, Vol. 36, No. 7, pp. 878-897Type:ArticleAbstract:We propose a methodology to classify individuals into few but meaningful health groups by estimating a panel Markov switching model that exploits rich information from panel household surveys. Using the HRS, we identify ...

Title:Endogenous Local Interaction and Multi-Product Firms Author(s):VISSER, BaukeDate:1999Citation:Journal of Evolutionary Economics, 1999, 9, 2, 243-263Type:ArticleAbstract:Multi-product firms are modelled as locally interacting entities that gather information on the profitability of product combinations in an environment defined in terms of their currently supplied markets. They learn from ...

Title:Endogenous trading constraints with incomplete asset markets Author(s):ABRAHAM, Arpad

; CARCELES-POVEDA, EvaDate:2010Citation:Journal of economic theory, 2010, Vol. 145, No. 3, pp. 974–1004Type:ArticleAbstract:This paper endogenizes the borrowing constraints on capital in a production economy with incomplete markets. We find that these limits get looser with income, a property that is consistent with US data on credit limits. ...

Title:Enhancing the predictability of crude oil markets with hybrid wavelet approaches Author(s):UDDIN, Gazi Salah; GENCAY, Ramazan; BEKIROS, Stelios D.

; SAHAMKHADAM, MaziarDate:2019Citation:Economics letters, 2019, Vol. 182, pp. 50-54Type:ArticleAbstract:We explore the robustness, efficiency and accuracy of the multi-scale forecasting in crude oil markets. We adopt a novel hybrid wavelet auto-ARMA model to detect the inherent nonlinear dynamics of crude oil returns with ...

Title:Ensuring a Representative Referendum Outcome: The Daunting Task of Setting the Quorum Right Author(s):ZWART, SanneDate:2010Citation:Social Choice and Welfare, 2010, 34, 4, 643-677Type:ArticleAbstract:The majority of the participating voters in referenda does not necessarily reflect the majority of the whole population since voters can abstain. This paper shows that although the quorum can be set such that the outcome ...

Title:Entertaining Malthus : bread, circuses, and economic growth Author(s):DUTTA, Rohan

; LEVINE, David K.

; PAPAGEORGE, Nicholas W.; WU, LeminDate:2018Citation:Economic inquiry, 2018, Vol. 56, No. 1, pp. 358-380Type:ArticleAbstract:Motivated by the basic adage that man does not live by bread alone, we offer a theory of historical economic growth and population dynamics where human beings need food to survive, but enjoy other things, too. Our model ...

Title:Entry Regulations and Labour Market Outcomes: Evidence from the Italian retail trade sector Author(s):VIVIANO, ElianaDate:2008Citation:Labour Economics, 2008, 15, 6, 1200-1222.Type:Article

Title:Envy can promote more equal division in alternating-offer bargaining Author(s):KOHLER, StefanDate:2013Citation:Journal of Neuroscience, Psychology, and Economics, 2013, Vol. 6, No. 1, pp. 31-41Version:Contains revised content based on author's EUI PhD thesis, 2007Type:ArticleAbstract:Bargainers in an open-ended, alternating-offer bargaining situation may perceive envy, a utility loss caused by receiving the smaller share, which is modeled in some social preferences in addition to self-interest. I extend ...

Title:Epsilon-equilibria of perturbed games Author(s):JACKSON, Matthew O.; RODRIGUEZ-BARRAQUER, Tomas; TAN, XuDate:2012Citation:Games and Economic Behavior, 2012, Vol. 75, No. 1, pp. 198-216Type:ArticleAbstract:We prove that for any equilibrium of a (Bayesian) game, and any sequence of perturbations of that game, there exists a corresponding sequence of ex-ante e-equilibria converging to the given equilibrium of the original game. ...

Title:Equilibrium Reserve Prices in Sequential Ascending Auctions Author(s):MEZZETTI, Claudio; CAILLAUD, BernardDate:2004Citation:Journal of Economic Theory, 2004, 117, 1, 78-95Type:Article

Title:Equipment Prices, Human Capital and Economic Growth Author(s):ORTIGUEIRA, SalvadorDate:2003Citation:Journal of Economic Dynamics and Control, 2003, 28, 2, 307-329Type:Article

Title:Equity Culture and Household Behavior Author(s):HALIASSOS, Michael; HASSAPIS, ChristisDate:2002Citation:Oxford Economic Papers-New Series, 2002, 54, 4, 719-745Type:ArticleAbstract:Equity culture has spread among households on both sides of the Atlantic. We study likely effects of equity culture on the behavior of households entering the stock market. Without borrowing constraints, the improved ...

Title:Equivalence between out-of-sample forecast comparisons and Wald statistics Author(s):HANSEN, Peter Reinhard; TIMMERMANN, AllanDate:2015Citation:Econometrica, 2015, Vol. 83, No. 6, pp. 2485-2505Type:ArticleAbstract:We demonstrate the asymptotic equivalence between commonly used test statistics for out-of-sample forecasting performance and conventional Wald statistics. This equivalence greatly simplifies the computational burden of ...

Title:Error Cascades in Observational Learning: An experiment on the Chinos game Author(s):FERI, Francesco; MELÉNDEZ-JIMÉNEZ, Miguel A.; PONTI, Giovanni; VEGA-REDONDO, FernandoDate:2011Citation:Games and Economic Behavior, 2011, 73, 1, 136–146Type:ArticleAbstract:The paper reports an experimental study based on a variant of the popular Chinos game, which is used as a simple but paradigmatic instance of observational learning. There are three players, arranged in sequence, each of ...

Title:Estimating overidentified, nonrecursive, time-varying coefficients structural vector autoregressions Author(s):CANOVA, Fabio

; PÉREZ FORERO, Fernando J.Date:2015Citation:Quantitative Economics, 2015, Vol. 6, No. 2, pp. 359-384Type:ArticleAbstract:This paper provides a general procedure to estimate structural vector autoregressions. The algorithm can be used in constant or time-varying coefficient models, and in the latter case, the law of motion of the coefficients ...

Title:Estimating point and density forecasts for the US economy with a factor-augmented vector autoregressive DSGE model Author(s):BEKIROS, Stelios D.

; PACCAGNINI, AlessiaDate:2015Citation:Studies in nonlinear dynamics & econometrics, 2015, Vol. 19, No. 2, pp. 107–136Type:ArticleAbstract:Although policymakers and practitioners are particularly interested in dynamic stochastic general equilibrium (DSGE) models, these are typically too stylized to be applied directly to the data and often yield weak prediction ...