Browsing ECO Working Papers by Title

Now showing items 630-649 of 1183

Title:Macro uncertainty and unemployment risk Author(s):OH, Joonseok ; ROGANTINI PICCO, Anna Date:2019Type:Working PaperSeries/Number:EUI ECO; 2019/02Abstract:This paper illustrates how households' heterogeneity is crucial for the propagation of uncertainty shocks. We empirically show that an uncertainty shock generates a drop in aggregate consumption, job finding rate, and ...
Title:The macroeconomic effects of quantitative easing in the Euro area : evidence from an estimated DSGE model Author(s):HOHBERGER, Stefan; PRIFTIS, Romanos ; VOGEL, LukasDate:2017Type:Working PaperSeries/Number:EUI ECO; 2017/04Abstract:This paper analyses the macroeconomic effects of the ECB's quantitative easing programme using an open-economy DSGE model estimated with Bayesian techniques. Using data on government debt stocks and yields across maturities ...
Title:Macroeconomics of distribution and growth Author(s):BERTOLA, GiuseppeDate:1998Type:Working PaperSeries/Number:EUI ECO; 1998/39
Title:Macroeconomics of International Price Discrimination Author(s):CORSETTI, Giancarlo ; DEDOLA, LucaDate:2003Type:Working PaperSeries/Number:EUI ECO; 2003/20
Title:Macroeconomics of Subsistence Points Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2004Type:Working PaperSeries/Number:NBER Working Paper; 2004/11012
Title:Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment Author(s):ACCONCIA, Antonio; CORSETTI, Giancarlo ; SIMONELLI, SaverioDate:2011Type:Working PaperSeries/Number:EUI ECO; 2011/12Abstract:We estimate the multiplier by relying on differences in spending in infrastructure across Italian provinces and an instrument identifying investment changes that are large and exogenous to local cyclical conditions. We ...
Title:Managing design complexity to improve on cost, quality, variety, and time-to-market performance variables Author(s):VASSILAKIS, SpyrosDate:1997Type:Working PaperSeries/Number:EUI ECO; 1997/35
Title:Manipulation of crude oil futures Author(s):PHLIPS, LouisDate:1991Type:Working PaperSeries/Number:EUI ECO; 1991/36
Title:Market microstructure models and the Markov property Author(s):AMARO DE MATOS, Joao; FERNANDES, MarceloDate:2000Type:Working PaperSeries/Number:EUI ECO; 2000/19
Title:Market Regulation and Firm Performance: The Case of Smoking Bans in the UK Author(s):ADDA, Jérôme; BERLINSKI, Samuel; BHASKAR, V.; MACHIN, StephenDate:2011Type:Working PaperSeries/Number:EUI ECO; 2011/09Abstract:This paper analyzes the effects of a ban on smoking in public places upon firms and consumers. Analysis of survey data from public houses finds that the Scottish smoking ban (introduced in March 2006) reduced pub sales and ...
Title:Market vs. Institutions: The Trade-off Between Unemployment and Wage Inequality Revisited Author(s):BICAKOVA, AlenaDate:2006Type:Working PaperSeries/Number:EUI ECO; 2006/31Abstract:The trade-off hypothesis suggests that high wage inequality in the US and the UK and high unemployment in countries of continental Europe are consequences of the same negative change in the demand for the low skilled ...
Title:Market vs. residence principle : experimental evidence on the effects of a financial transaction tax Author(s):HUBER, Jürgen; KIRCHLER, Michael; KLEINLERCHER, Daniel; SUTTER, MatthiasDate:2014Type:Working PaperSeries/Number:EUI ECO; 2014/03Abstract:While politically attractive in order to generate tax revenues, the effects of a financial transaction tax (FTT) are scientifically disputed, not the least because seemingly small details of its implementation may matter ...
Title:Market-led approaches to European Monetary Union in the light of a legal restrictions theory of money Author(s):KALB, Stephan L.Date:1990Type:Working PaperSeries/Number:EUI ECO; 1990/26
Title:Market-making and decentralized trade Author(s):VRIEND, NickDate:1991Type:Working PaperSeries/Number:EUI ECO; 1991/49
Title:Markets and Contracts Author(s):BISIN, Alberto; GEANAKOPOLS, John; GOTTARDI, Piero ; MINELLI, Enrico; POLEMARCHAKIS, HeraklesDate:2010Type:Working PaperSeries/Number:EUI ECO; 2010/29Abstract:Economies with asymmetric information are encompassed by an extension of the model of general competitive equilibrium that does not require an explicit modeling of private information. Sellers have discretion over ...
Title:Markets for Information: Of Inefficient Firewalls and Efficient Monopolies Author(s):CABRALES, Antonio; GOTTARDI, Piero Date:2009Type:Working PaperSeries/Number:EUI ECO; 2009/11Abstract:In this paper we study, within a formal model, market environments where information is costly to acquire and is of use also to potential competitors. Agents may then sell, or buy, reports over the information acquired and ...
Title:Markov-Perfect Optimal Fiscal Policy: The Case of Unbalanced Budgets Author(s):ORTIGUEIRA, Salvador; PEREIRA, JoanaDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/41Abstract:We study optimal income taxation and public debt policy in a neoclassical economy pop- ulated by infinitely-lived households and a benevolent government. The government makes sequential decisions on the provision of a ...
Title:Markov-Switching MIDAS Models Author(s):GUERIN, Pierre; MARCELLINO, Massimiliano Date:2011Type:Working PaperSeries/Number:EUI ECO; 2011/03Abstract:This paper introduces a new regression model - Markov-switching mixed data sampling (MS-MIDAS) - that incorporates regime changes in the parameters of the mixed data sampling (MIDAS) models and allows for the use of ...
Title:The markup and the business cycle reconsidered Author(s):BANERJEE, Anindya; RUSSELL, BillDate:2000Type:Working PaperSeries/Number:EUI ECO; 2000/21
Title:A Markup Model for Forecasting Inflation in the Euro AreaI Author(s):BANERJEE, Anindya; RUSSELL, BillDate:2002Type:Working PaperSeries/Number:EUI ECO; 2002/16