LSE Research Online Documents on Economics

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86377: Book review: cents and sensibility: what economics can learn from the humanities

Richard Bronk

86373: Gamification: what it is, and how to fight it

Jamie Woodcock and Mark R. Johnson

86372: Does herding behavior reveal skill? An analysis of mutual fund performance

Hao Jiang and Michela Verardo

86371: Rational ignorance, populism, and reform

Carlo Prato and Stephane Wolton

86370: On the value of persuasion by experts

Ricardo Alonso and Odilon Câmara

86368: Performance of foreign banks in developing countries: evidence from sub-Saharan African banking markets

Adeline Pelletier

86367: Immobility and the Brexit vote

Neil Lee, Katy Morris and Tom Kemeny

86364: Institutional settings and urban sprawl: evidence from Europe

Maximilian von Ehrlich, Christian Hilber and Olivier Schöni

86361: Agency and institutions in organization studies

Samer Abdelnour, Hans Hasselbladh and Jannis Kallinikos

86349: The development of the African system of cities

J. Vernon Henderson and Sebastian Kriticos

86345: Disentangling digital platform competition: the case of UK mobile payment platforms

Erol Kazan, Chee-Wee Tan, Eric T.K Lim, Carsten Sørensen and Jan Damsgaard

86340: Organised labour, dualisation and labour market reform:Korean trade union in economic and social crisis

Timo Fleckenstein and Soohyun Christine Lee

86339: Shake me the money!

Francesco Porcelli and Riccardo Trezzi

86338: Aggregate demand, idle time, and unemployment

Pascal Michaillat and Emmanuel Saez

86337: The cost of human capital depreciation during unemployment

Lien Laureys

86336: The Latin American efficiency gap

Francesco Caselli

86335: Transitory interest-rate pegs under imperfect credibility

Alex Haberis, Richard Harrison and Matt Waldron

86334: Housing dynamics over the business cycle

Finn Kydland, Peter Rupert and Roman Sustek

86333: The “mystery of the printing press” monetary policy and self-fulfilling debt crises

Giancarlo Corsetti and Luca Dedola

86332: An economical business-cycle model

Pascal Michaillat and Emmanuel Saez

86331: A model of the confidence channel of fiscal policy

Bernardo Guimaraes, Caio Machado and Marcel Ribeiro

86329: Financial disruption as a cost of sovereign default: a quantitative assessment

Andre Diniz and Bernardo Guimaraes

86328: Why are real interest rates so low? Secular stagnation and the relative price of investment goods

Gregory Thwaites

86327: Estimating the effects of forward guidance in rational expectations models

Ricahrd Harrison

86325: The curse of inflation

Erik Eyster, Kristóf Madarász and Pascal Michaillat

86324: Job uncertainty and deep recessions

Morten Ravn and Vincent Sterk

86323: Capital values and job values

Eran Yashiv

86322: Demand expectations and the timing of stimulus policies

Bernardo Guimaraes

86321: Time-dependent or state-dependent pricing? Evidence from a large devaluation episode

Celio Feltrin and Bernardo Guimaraes

86320: Can a data-rich environment help identify the sources of model misspecification?

Francesca Monti

86319: Monetary policy with ambiguity averse agents

Riccardo M. Masolo and Francesca Monti

86318: House prices and job losses

Gabor Pinter

86317: Time-consistent consumption taxation

Sarolta Laczo and Raffaele Rossi

86315: Towards a new Keynesian theory of the price level

John Barrdear

86314: Identifying noise shocks: a VAR with data revisions

Riccardo M. Masolo and Alessia Paccagnini

86313: Large capital inflows, sectoral allocation, and economic performance

Gianluca Benigno, Nathan Converse and Luca Fornaro

86312: Optimal capital controls and real exchange rate policies: A pecuniary externality perspective

Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric Young

86311: Communal land and agricultural productivity

Charles Gottlieb and Jan Grobovsek

86296: What moves international stock and bond markets?

Gino Cenedese and Enrico Mallucci

86295: Beyond competitive devaluations:The monetary dimensions of comparative advantage

Paul Bergin and Giancarlo Corsetti

86294: Experience-biased technical change

Francesco Caselli

86293: Diversification through trade

Francesco Caselli, Miklós Koren, Milan Lisicky and Silvana Tenreyroy

86292: The home market effect and patterns of trade between rich and poor countries

Kiminori Matsuyama

86289: Predictable recoveries

Xiaoming Cai, Wouter J. Den Haan and Jonathan Pinder

86288: Unemployment (fears) and deflationary spirals

Wouter J. Den Haan, Pontus Rendahl and Markus Riegler

86287: The fundamental nature of HARA utility

Gadi S. Perets and Eran Yashiv

86286: QE and the bank lending channel in the United Kingdom

Nick Butt, Rohan Churm, Michael McMahon, Arpad Morotz and Jochen Schanz

86285: Space-time (In)consistency in the national accounts: causes and cures

Nicholas Oulton

86284: The banks that said no: banking relationships, credit supply and productivity in the UK

Jeremy Franklin, May Rostom and Gregory Thwaites

86283: A positive theory of tax reform

Ethan Ilzetzki

86282: Globalization and synchronization of innovation cycles

Kiminori Matsuyama, Iryna Sushko and Laura Gardini

86281: The impact of contract enforcement costs on outsourcing and aggregate productivity

Johannes Boehm

86280: Energy-saving technical change

John Hassler, Per Krusell and Conny Olovsson

86279: Gross worker flows over the business cycle

Per Krusell, Toshihiko Mukoyama, Richard Rogerson and Aysegul Sahin

86278: Exact present solution with consistent future approximation: a gridless algorithm to solve stochastic dynamic models

Wouter J. Den Haan, Michal L. Kobielarz and Pontus Rendahl

86277: Unions in a frictional labor market

Leena Rudanko and Per Krusell

86276: An economic analysis of pension tax proposals

Angus Armstrong, Philip Davis and Monique Ebell

86275: Endogenous market making and network formation

Briana Chang and Shengxing Zhang

86274: Looking for a success in the euro crisis adjustment programs: the case of Portugal

Ricardo Reis

86247: Shocking language: Understanding the macroeconomic effects of central bank communication

Stephen Hansen and Michael McMahon

86246: Asymmetric inflation expectations, downward rigidity of wages,and asymmetric business cycles

David Baqaee

86245: Models, inattention and expectation updates

Raffaella Giacomini, Vasiliki Skreta and Javier Turen

86244: The dark corners of the labor market

Vincent Sterk

86243: Tracking the slowdown in long-run GDP growth

Juan Antolin-Diaz, Thomas Drechsel and Ivan Petrella

86242: Secular drivers of the global real interest rate

Lukasz Rachel and Thomas Smith

86241: Stagnation traps

Gianluca Benigno and Luca Fornaro

86240: The residential collateral channel

Saleem Bahaj, Angus Foulis and Gabor Pinter

86239: On the mechanics of New-Keynesian models

Peter Rupert and Roman Sustek

86238: VAR models with non-Gaussian shocks

Ching-Wai (Jeremy) Chiu, Haroon Mumtaz and Gabor Pinter

86237: Firms’ precautionary savings and employment during a credit crisis

Davide Melcangi

86236: The theory of unconventional monetary policy

Roger Farmer and Pawel Zabczyk

86235: Monetary policy transmission in an open economy:new data and evidence from the United Kingdom

Ambrogio Cesa-Bianchi, Gregory Thwaites and Alejandro Vicondoa

86234: Unsurprising shocks: information, Premia, and the Monetary Transmission

Silvia Miranda-Agrippino

86233: Parents, schools and human capital differences across countries

Marta De Philippis and Frederico Rossi

86232: Job displacement risk and severance pay

Marco Cozzi and Giulio Fella

86231: Matching workers

Espen Moen and Eran Yashiv

86230: The sovereign-bank diabolic loop and ESBies

Markus Brunnermeier, Luis Garicano, Philip Lane, Marco Pagano, Ricardo Reis, Tano Santos, David Thesmar, Stijn Van Nieuwerburgh and Dimitri Vayanos

86229: Optimal automatic stabilizers

Alisdair McKay and Ricardo Reis

86228: Can agents with causal misperceptions be systematically fooled?

Ran Spiegler

86227: The decision to move house and aggregate housing-market dynamics

L. Rachel Ngai and Kevin Sheedy

86226: Finance and synchronization

Ambrogio Cesa-Bianchi

86225: The macroeconomic shock with the highest price of risk

Gabor Pintor

86224: Financial market imperfections and labour market outcomes

Alireza Sepahsalari

86223: Nominal rigidities in debt and product markets

Carlos Garriga, Finn Kydland and Roman Šustek

86221: ESBies: safety in the tranches

Markus Brunnermeier, Sam Langfield, Marco Pagano, Ricardo Reis, Stijn Van Nieuwerburgh and Dimitri Vayanos

86220: Secular stagnation, rational bubbles, and fiscal policy

Coen Teulings

86219: Returns to on-the-job search and the dispersion of wages

Axel Gottfries and Coen Teulings

86180: Investment in productivity and the long-run effect of financial crises on output

Maarten De Ridder

86179: Is fiscal policy more effective in uncertain times or during recessions?

Mario Alloza

86178: The impact of taxes on income mobility

Mario Alloza

86177: Macroeconomic fluctuations with HANK & SAM: an analytical approach

Morten Ravn and Vincent Sterk

86176: History dependence in the housing market

Philippe Bracke and Silvana Tenreyro

86175: Aggregate hiring and the value of jobs along the business cycle

Eran Yashiv

86174: Time-consistent fiscal policy in a debt crisis

Neele L. Balke and Morten Ravn

86173: The effect of foreign investors on local housing markets: evidence from the UK

Filipa Sa

86172: State-controlled companies and political risk: evidence from the 2014 Brazilian election

Augusto Carvalho and Bernardo Guimaraes

86171: The determinants of IMF fiscal conditionalities: economics or politics?

Bernardo Guimaraes and Carlos Eduardo Ladeira

86170: The role of gender in employment polarization

Fabio Cerina, Alessio Moro and Michelle Petersen Rendall

86169: How diabolic is the sovereign-bank loop? The effects of post-default fiscal policies

Andre Diniz and Bernardo Guimaraes

86168: The mystery of TFP

Nicholas Oulton