Discussion Papers

from University of Copenhagen. Department of Economics
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09-24: Microfoundations of Social Capital

Christian Thöni, Jean-Robert Tyran and Erik Wengström

09-23: Why are Rich Countries more Politically Cohesive?

Carl-Johan Dalgaard and Ola Olsson

09-22: Aid and Growth: Have We Come Full Circle?

Channing Arndt, Sam Jones and Finn Tarp

09-21: The Forgotten Property Rights: Restrictions on Land Use in Vietnam

Thomas Markussen, Finn Tarp and Katleen Van den Broeck

09-20: Something Rational in the State of Denmark? The Case of an Outsider in the Cobden-Chevalier Network 1860-1875

Markus Lampe and Paul Richard Sharp

09-19: Selling Digital Music: Business Models for Public Goods

Jens Leth Hougaard and Mich Tvede

09-18: Lightning, IT Diffusion and Economic Growth across US States

Thomas Barnebeck Andersen, Jeanet Bentzen, Carl-Johan Dalgaard and Pablo Selaya

09-17: General Equilibrium without Utility Functions: How far to go?

Yves Balasko and Mich Tvede

09-16: Time to reject the privileging of economic theory over empirical evidence? A Reply to Lawson (2009)

Katarina Juselius

09-15: Wage Dispersion and Decentralization of Wage Bargaining

Christian M. Dahl, Daniel le Maire and Jakob Roland Munch

09-14: Aggregation of Information and Beliefs: Asset Pricing Lessons from Prediction Markets

Marco Ottaviani and Peter Norman Sørensen

09-13: An I(2) Cointegration Model With Piecewise Linear Trends: Likelihood Analysis And Application

Takamitsu Kurita, Heino Bohn Nielsen and Anders Rahbek

09-12: Incomplete Financial Markets and Jumps in Asset Prices

Hervé Crès, Tobias Markeprand and Mich Tvede

09-11: Ranking Economic History Journals: A Citation-Based Impact-Adjusted Analysis

Gianfranco Di Vaio and Jacob Louis Weisdorf

09-10: On a Numerical and Graphical Technique for Evaluating some Models Involving Rational Expectations

Soren Johansen and Anders Rygh Swensen

09-09: Individual Preference Rankings Compatible with Prices, Income Distributions and Total Resources

Yves Balasko and Mich Tvede

09-08: Did Globalization Lead to Segmentation? Identifying Cross-Country Growth Regimes in the Long-Run

Gianfranco Di Vaio and Kerstin Enflo

09-07: The Geometry of Finite Equilibrium Datasets

Yves Balasko and Mich Tvede

09-06: Do People Make Strategic Moves? Experimental Evidence on Strategic Information Avoidance

Anders Poulsen and Michael Roos

09-05: Fluctuations in Overlapping Generations Economies

Mich Tvede

09-04: A Shock Therapy Against the “Endowment Effect”

Dirk Engelmann and Guillaume Idriss Hollard

09-03: The Financial Crisis and the Systemic Failure of Academic Economics

David Colander, Hans Föllmer, Armin Haas, Michael Goldberg Goldberg, Katarina Juselius, Alan Kirman, Thomas Lux and Birgitte Sloth

09-02: Examining the Regional Aspect of Foreign Direct Investment to Developing Countries

Eva Rytter Sunesen

09-01: Production in Incomplete Markets: Expectations Matter for Political Stability

Hervé Crès and Mich Tvede

08-35: Poisson Autoregression

Konstantinos Fokianos, Anders Rahbek and Dag Tjøstheim

08-34: Testing for Co-integration in Vector Autoregressions with Non-Stationary Volatility

Giuseppe Cavaliere, Anders Rahbek and Robert Taylor

08-33: Ordinal Comparison of Multidimensional Deprivation: theory and application

Sonne-Schmidt, Christoffer, Finn Tarp and Lars Peter Østerdal

08-32: Birth, Death, and Development: A Simple Unified Growth Theory

Holger Strulik and Jacob Louis Weisdorf

08-31: A Resolution of the Purchasing Power Parity Puzzle: Imperfect Knowledge and Long Swings

Roman Frydman, Michael Goldberg, Soren Johansen and Katarina Juselius

08-30: Determinacy, Stock Market Dynamics and Monetary Policy Inertia

Damjan Pfajfar and Emiliano Santoro

08-29: Money Illusion and Nominal Inertia in Experimental Asset Markets

Charles Noussair, Gregers Richter and Jean-Robert Tyran

08-28: Luck or Cheating? A Field Experiment on Honesty with Children

Alessandro Bucciol and Marco Piovesan

08-27: Bank Lending, Housing and Spreads

Aqib Aslam and Emiliano Santoro

08-26: Everyone Is A Winner: Promoting Cooperation Through Non-Rival Intergroup Competition

Ernesto Reuben and Jean-Robert Tyran

08-25: Let the Experts Decide? Asymmetric Information, Abstention, and Coordination in Standing Committees

Rebecca Morton and Jean-Robert Tyran

08-24: Decentralized Pricing in Minimum Cost Spanning Trees

Jens Leth Hougaard, Herve Moulin and Lars Peter Østerdal

08-23: An Evolutionary Approach to Regional Systems of Innovation

Jan Gunnarsson and Torsten Wallin

08-22: EU Legitimacy and Social Affiliation: A case study of engineers in Europe

Jan Gunnarsson

08-21: Tax Salience, Voting, and Deliberation

Rupert Sausgruber and Jean-Robert Tyran

08-20: The Long American Grain Invasion of Britain: Market integration and the wheat trade between North America and Britain from the Eighteenth Century

Paul Richard Sharp

08-19: How Ego-threats Facilitate Contracts Based on Subjective Evaluations

Alexander Sebald and Markus Walzl

08-18: Issues of Selection in Human Survivorship: A Theory of Mortality Change from the Mid-Eighteenth to the Early Twenty First Century

Hans Oluf Hansen

08-17: A Mean-Variance Explanation of FDI Flows to Developing Countries

Eva Rytter Sunesen

08-16: Malthus in Cointegration Space: A new look at living standards and population in pre-industrial England

Niels Framroze Møller and Paul Richard Sharp

08-15: Why did the First Farmers Toil? Human Metabolism and the Origins of Agriculture

Jacob Louis Weisdorf

08-14: Accounting for Productivity: Is it OK to Assume that the World is Cobb-Douglas?

Shekhar Aiyar and Carl-Johan Dalgaard

08-13: Properties of Estimated Characteristic Roots

Bent Nielsen and Heino Bohn Nielsen

08-12: Interaction Sheaves on Continuous Domains

Joseph Moussa Abdou and Hans Keiding

08-11: On the Impact of Digital Technologies on Corruption: Evidence from U.S. States and Across Countries

Thomas Barnebeck Andersen, Jeanet Bentzen, Carl-Johan Dalgaard and Pablo Selaya

08-10: How Likely Is Factor Price Equalization?

Bodil O. Hansen and Hans Keiding