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Birkbeck Working Papers in Economics and Finance

From Birkbeck, Department of Economics, Mathematics & Statistics
Malet Street, London WC1E 7HX, UK.

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1904: Technical Efficiency and Corporate Structure of Italian Private Hospitals: Evidence from One-step Stochastic Frontier Analysis Downloads
Marco Alberto De Benedetto and Antonio Fabio Forgione
1903: Personal or partisan incumbency advantage? Evidence from an electoral reform in Italy Downloads
Marco Alberto De Benedetto
1902: R&D appropriability and market structure in a preemption model Downloads
Adriana Breccia
1901: "Sustainable and Affordable"? Actuarially Fair Contribution Rates for the USS Pension Scheme Downloads
Kenjiro Hori and Stephen Wright
1814: The Long-Term Economic Costs of the Great London Smog Downloads
Alastair Ball
1813: Value of a Clear Desk: Sequencing Decisions when Decision Capacity is Limited Downloads
Anthony Heyes and Sandeep Kapur
1812: But What Does it Mean? Competition between Products Carrying Alternative Green Labels when Consumers are Active Acquirers of Information Downloads
Anthony Heyes, Sandeep Kapur, Peter W. Kennedy, Steve Martin and John W. Maxwell
1811: Longevity and Companionship in an Overlapping-Generations Model Downloads
Gylfi Zoega and Marias H. Gestsson
1810: Investment, Current Account, and the Long Swings of Unemployment Downloads
Hian Teck Hoon, Margarita Katsimi and Gylfi Zoega
1809: A Note on Specification Testing in Some Structural Regression Models Downloads
Walter Beckert
1808: Protecting Vulnerable Consumers in "Switching Markets" Downloads
Walter Beckert and Paolo Siciliani
1807: The True Size of the ECB: New Insights from National Central Bank Balance Sheets Downloads
Stephen Wright and Charmaine Portelli
1806: Bootstrap-Assisted Tests of Symmetry for Dependent Data Downloads
Zacharias Psaradakis and Márian Vávra
1805: Political Stabilization by an independent Central Bank Downloads
Francesco Salsano
1804: R2 bounds for predictive models: what univariate properties tell us about multivariate predictability Downloads
Stephen Wright, James Mitchell and Donald Robertson
1803: Measuring the Impact of Monetary Policy Attention on Global Asset Volatility Using Search Data Downloads
Paul Wohlfarth
1802: The Effect of Council Size on Municipal Expenditures: Evidence from Italian Municipalities Downloads
Marco Alberto De Benedetto
1801: The Effect of Monetary Policy on Global Fixed Income Covariances Downloads
Paul Wohlfarth and Xiaohong Chen
1711: Contingent Convertible Bonds: Payoff Structures and Incentive Effects Downloads
Kenjiro Hori and Jorge Martin Cerón
1710: Eliciting Second-Order Beliefs Downloads
Subir Bose and Arup Daripa
1709: Capital inflows, crisis and recovery in small open economies Downloads
Hamid Raza, Gylfi Zoega and Stephen Kinsella
1708: Central Bank Optimism as a Policy Tool: Evidence from the Bank of England Downloads
Tola Adesina
1707: East versus West on the European Populism Scale Downloads
Raicho Bojilov, Jonas A. Gunnarsson and Gylfi Zoega
1706: Normality Tests for Dependent Data: Large-Sample and Bootstrap Approaches Downloads
Zacharias Psaradakis and Marián Vávra
1705: The Golden Rule of Longevity Downloads
Gylfi Zoega and Gylfi Zoega
1704: Causes and Effects of Negative Definite Covariance Matrices in Swamy Type Random Coefficient Models Downloads
Andrea Nocera
1703: Estimation and Inference in Mixed Fixed and Random Coefficient Panel Data Models Downloads
Andrea Nocera
1702: Markov-Switching Models with State-Dependent Time-Varying Transition Probabilities Downloads
Zacharias Psaradakis and Martin Sola
1701: Real Rigidities and Optimal Stabilization at the Zero Lower Bound in New Keynesian Economies Downloads
Adiya Belgibayeva and Michal Horvath
1605: On the Causes of Brexit Downloads
Agust Arnorsson and Gylfi Zoega
1604: Does Corruption Matter for Sources of Foreign Direct Investment? Downloads
Adiya Belgibayeva and Alexander Plekhanov
1603: Removing Moral Hazard and Agency Costs in Banks: Beyond CoCo Bonds Downloads
Kenjiro Hori and Jorge Martin Ceron
1602: Factor models in panels with cross-sectional dependence: an application to the extended SIPRI military expenditure data Downloads
Ronald Smith and Elisa Cavatorta
1601: Eliciting Ambiguous Beliefs Under alpha-Maxmin Preference Downloads
Subir Bose and Arup Daripa
1515: Common faith or parting ways? A time varying parameters factor analysis of euro-area inflation Downloads
Davide Delle Monache, Ivan Petrella and Fabrizio Venditti
1514: Portmanteau Tests for Linearity of Stationary Time Series Downloads
Zacharias Psaradakis and Marián Vávra
1513: A Distance Test of Normality for a Wide Class of Stationary Processes Downloads
Zacharias Psaradakis and Marián Vávra
1512: Closed Form Solutions for the Generalized Extreme Value Distribution Downloads
Walter Beckert and Yuya Takahashi
1511: Capital and Technology Flows: changing technology-acquisition strategies in developing countries Downloads
Suma Athreye and Sandeep Kapur
1510: Shills and Snipes Downloads
Subir Bose and Arup Daripa
1509: Enforcing Repayment: Social Sanctions versus Individual Incentives Downloads
Arup Daripa
1508: Too Unexpected to Fail: Bail-Out Policy and Sudden Freezes Downloads
Arup Daripa
1507: Bargaining in Global Communication Networks Downloads
Marco Pelliccia
1506: Decentralised Defence of a (Directed) Network Structure Downloads
Marco Pelliccia
1505: Dynamic Project Selection Downloads
Arina Nikandrova and Romans Pancs
1504: An Optimal Auction with Moral Hazard Downloads
Arina Nikandrova and Romans Pancs
1503: Choice in the Presence of Experts Downloads
Walter Beckert
1502: Optimal Volatility, Covenants and Cost of Capital Under Basel III Bail-in Downloads
Kenjiro Hori and Jorge Martin Ceron
1501: Demographic Structure and Macroeconomic Trends Downloads
Yunus Aksoy, Henrique Basso, Tobias Grasl and Ronald Smith
1412: A Golden Rule of Health Care Downloads
Marias H. Gestsson and Gylfi Zoega
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