University of St. Gallen Department of Economics working paper series 2005

From Department of Economics, University of St. Gallen
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2005-25: Partisan Theory and the New Keynesian and Sticky-Information Phillips Curves

Frode Brevik and Manfred Gärtner

2005-24: Information Quality and Stock Returns Revisited

Frode Brevik and Stefano d'Addona

2005-23: Parametric Binary Choice Models

Michael Lechner, Stefan Lollivier and Thierry Magnac

2005-22: Do Institutions of Direct Democracy Tame the Leviathan? Swiss Evidence on the Structure of Expenditure for Public Education

Justina A. V. Fischer

2005-21: Firm Training and Public Policy

Wolfgang Lechthaler

2005-20: Should You Take a Lump-Sum or Annuitize? Results from Swiss Pension Funds

Monika Bütler and Federica Teppa

2005-19: Cross-Country Determinants of Life Satisfaction: Exploring Different Determinants across Groups in Society

Christian Bjørnskov, Axel Dreher and Justina A. V. Fischer

2005-18: Is Software Piracy a Middle Class Crime? Investigating the inequality-piracy channel

Justina A. V. Fischer and Antonio Andres

2005-17: Identification of the Effects of Dynamic Treatments by Sequential Conditional Independence Assumptions

Michael Lechner and Ruth Miquel

2005-16: A Note on Endogenous Control Variables in Evaluation Studies

Michael Lechner

2005-15: The Curse and Blessing of Training the Unemployed in a Changing Economy: The Case of East Germany after Unification

Michael Lechner, Ruth Miquel and Conny Wunsch

2005-14: The Impact of Direct Democracy on Crime: Is the Median Voter Boundedly Rational?

Justina A. V. Fischer

2005-13: On the Rationality of the General Public

Gebhard Kirchgässner

2005-12: Is It Culture or Democracy? The Impact of Democracy, Income, and Culture on Happiness

David Dorn, Justina A. V. Fischer, Gebhard Kirchgässner and Alfonso Sousa-Poza

2005-11: Peer effects and textbooks in primary education: Evidence from francophone sub-Saharan Africa

Markus Froehlich and Katharina Michaelowa

2005-10: The Impact of Direct Democracy on Public Education: Performance of Swiss Students in Reading

Justina A. V. Fischer

2005-09: Why Forcing People to Save for Retirement May Backfire

Monika Bütler, Olivia Huguenin and Federica Teppa

2005-08: Probabilistic Aging

Dominik Grafenhofer, Christian Jaag, Christian Keuschnigg and Mirela Keuschnigg

2005-07: Welfare and Distribution Effects of Bank Secrecy Laws

Frode Brevik and Manfred Gärtner

2005-06: Labour Market Policy in Germany: Institutions, Instruments and Reforms since Unification

Conny Wunsch

2005-05: Efficient Derivative Pricing by Extended Method of Moments

Patrick Gagliardini, Christian Gourieroux and Eric Renault

2005-04: A general multivariate threshold GARCH model with dynamic conditional correlations

Fabio Trojani and Francesco Audrino

2005-03: Learning and Asset Prices under Ambiguous Information

Fabio Trojani, Markus Leippold and Paolo Vanini

2005-02: GENERAL ANALYTICAL SOLUTIONS FOR MERTONS'S-TYPE CONSUMPTION-INVESTMENT PROBLEMS

Fabio Trojani and Roberto G. Ferretti

2005-01: Optimal Conditionally Unbiased Bounded-Influence Inference in Dynamic Location and Scale Models

Loriano Mancini, Elvezio Ronchetti and Fabio Trojani