Browsing ECO Articles by Title

Title:International Dimensions of Optimal Monetary Policy Author(s):CORSETTI, Giancarlo

Date:2005Citation:Journal of Monetary Economics, 2005, 52, 2, 281-305Type:Article

Title:International Lending of Last Resort and Moral Hazard: A Model of IMF’s Catalytic Finance Author(s):CORSETTI, Giancarlo

; GUIMARAES, Bernardo; ROUBINI, NourielDate:2006Citation:Journal of Monetary Economics, 2006, 53, 2, 441-471Type:ArticleAbstract:This paper analyzes the trade-off between official liquidity provision and debtor moral hazard in international financial crises. In the model, crises are caused by the interaction of bad fundamentals, self-fulfilling runs ...

Title:International Macroeconomic Fluctuations and the Current Account Author(s):HOFFMANN, MathiasDate:2003Citation:The Canadian Journal of Economics, 2003, 36, 2, 401-420Version:The article is a revised version of a chapter of the author's EUI PhD thesis, 1999.Type:ArticleAbstract:Intertemporal models of the current account generally assume that global shocks do not affect the current account. We use this assumption to identify global and country-specific shocks in a bivariate VAR of output and the ...

Title:International Risk Sharing and the Transmission of Productivity Shocks Author(s):CORSETTI, Giancarlo

; DEDOLA, Luca; LEDUC, SylvainDate:2008Citation:Review of Economic Studies, 2008, 75, 2, 443-473.Type:ArticleAbstract:This paper shows that standard international business cycle models can be reconciled with the empirical evidence on the lack of consumption risk sharing. First, we show analytically that with incomplete asset markets ...

Title:Interpolation, Outliers and Inverse Autocorrelations Author(s):PENA, Daniel; MARAVALL, AgustinDate:1991Citation:Communications In Statistics-Theory And Methods, 1991, 20, 10, 3175-3186Type:ArticleAbstract:The paper addresses the problem of estimating missing observations in an infinite realization of a linear, possibly nonstationary, stochastic processes when the model is known. The general case of any possible distribution ...

Title:Intervention and peace Author(s):LEVINE, David K.

; MODICA, SalvatoreDate:2018Citation:Economic policy, 2018, Vol. 33, No. 95, pp. 361-402Type:ArticleAbstract:Intervention often does not lead to peace, but rather to prolonged conflict. Indeed, we document that it is an important source of prolonged conflicts. We introduce a theoretical model of the balance of power to explain ...

Title:Interviewer effects and the measurement of financial literacy Author(s):CROSSLEY, Thomas F.

; SCHMIDT, Tobias; TZAMOURANI, Panagiota; WINTER, Joachim K.Date:2021Citation:Journal of the Royal Statistical Society : series A, statistics in society, 2021, Vol. 184, No. 1, pp. 150-178Type:ArticleAbstract:In this paper, we ask whether interviewers influence the answers to a standard set of survey questions on financial literacy. We study data from Germany's wealth survey, the Panel on Household Finances (PHF). We have access ...

Title:Intra- and international risk-sharing in the short run and the long run Author(s):BECKER, Sascha; HOFFMANN, MathiasDate:2006Citation:European economic review, 2006, Vol. 50, No. 3, pp. 777-806Version:Based on parts of the author’s EUI PhD thesis, 2001Type:ArticleAbstract:We investigate empirically how industrialized countries and US states share consumption risk at horizons between 1 and 30 years. US federal states share about 50% of their permanent idiosyncratic risk through cross-state ...

Title:The intragenerational mobility of the top income earners during financial crises, a story of a cohort Author(s):FEDERMAN, Stav

; SARID, Assaf; YAISH, MeirDate:2023Citation:Advances in life course research, 2023, Vol. 58, Art. 100565, OnlineFirstType:ArticleAbstract:In this study, we explore the dynamics of the intragenerational mobility of the top income earners during financial crises. We analyze panel data on the income levels of a cohort consisting of 22,601 individuals in Israel ...

Title:Introducing time-to-educate in a job-search model Author(s):BECKER, SaschaDate:2006Citation:Bulletin of economic research, 2006, Vol. 58, No. 1, pp. 61–72Version:Based on parts of the author’s EUI PhD thesis, 2001Type:ArticleAbstract:Transition patterns from school to work differ considerably across OECD countries. Some countries exhibit high youth unemployment rates, which can be considered an indicator of the difficulty facing young people trying to ...

Title:Introduction to Advances in Business Cycle Analysis and Forecasting Author(s):MARCELLINO, Massimiliano

; MAZZI, Gian LuigiDate:2010Citation:Journal of Forecasting, 2010, 29, 1-2, 1-5Type:Article

Title:Introduction to recent advances in methods and applications for DSGE models Author(s):CANOVA, Fabio

; SCHORFHEIDE, Frank; DIJK, HermanDate:2014Citation:Journal of applied econometrics, 2014, Vol. 29, No. 7, pp. 1029-1030Type:Article

Title:Introduction to the special issue in honor of Lloyd Shapley : eight topics in game theory Author(s):LEVINE, David K.

Date:2019Citation:Games and economic behavior, 2019, Vol. 108, pp. 1-12Type:ArticleAbstract:Lloyd Shapley was my colleague at UCLA for many years; by the time he moved from RAND to UCLA he was already a legend – although he never acted the part doing his best to maintain the reputation of mathematicians as somewhat ...

Title:The investment behaviour of a labour-managed firm Author(s):UVALIC, Milica

Date:1986Citation:Annals of public and cooperative economy, Vol. 57, No. 1, 1986, pp. 11-33Type:Article

Title:Investment crowding-out and labor market effects of financialization in the US Author(s):GONZÁLEZ, Ignacio; SALA, HectorDate:2014Citation:Scottish journal of political economy, 2014, Vol. 61, No. 5, pp. 589-613Type:ArticleAbstract:This paper studies the impact of financialization on unemployment in the United States. We estimate a dynamic multi-equation macro labor model including labor demand, labor suppy, wage ;setting, and capital accumulation ...

Title:Invoicing and the dynamics of pricing-to-market evidence from UK export prices around the Brexit referendum Author(s):CORSETTI, Giancarlo

; CROWLEY, Meredith A.; HAN, LuDate:2022Citation:Journal of international economics, 2022, Vol. 135, Art. 103570, OnlineOnlyType:ArticleAbstract:We provide micro-econometric evidence that, following the large and persistent sterling depreciation after the Brexit referendum, on impact, exchange rate pass-through (ERPT) was complete for transactions invoiced in ...

Title:Irrational fads, short-term memory emulation and asset predictability Author(s):BEKIROS, Stelios D.

Date:2013Citation:Review of Financial Economics, 2013, Vol. 22, No. 4, pp. 213-219Type:ArticleAbstract:Opponents of the efficient markets hypothesis argue that predictability reflects the psychological factors and “fads” of irrational investors in a speculative market. In that, conventional time series analysis often fails ...

Title:Irreversibility, Uncertainty and Underemployment Equilibria Author(s):LICANDRO, Omar; DE LA CROIX, DavidDate:2001Citation:Spanish Economic Review, 2001, 2, 3, 231-248Type:Article

Title:Is dishonesty persistent? Author(s):BELOT, Michele

; VAN DE VEN, JeroenDate:2019Citation:Journal of behavioral and experimental economics, 2019, Vol. 83, (Art. 101464), OnlineOnlyType:ArticleAbstract:We study if (dis)honest behavior is persistent. We investigate this by exposing participants to different incentives to lie over time. Some participants are first exposed to high incentives and then to lower incentives for ...

Title:Is Job Turnover Countercyclical? Author(s):BOERI, Tito

; BELLMANN, L.Date:1996Citation:Journal of Labor Economics, 1996, 14, 4, 603-625Version:The article is a published version of EUI ECO WP; 1995/12Type:ArticleAbstract:In recent years several models have been developed in an attempt to explain countercyclical movements of job turnover, the sum of gross job creation and destruction rates. However, only in the United States is a negative ...