Economics Working Papers

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2007/55: International Schumpeterian Competition and Optimal R&D subsidies

Giammario Impullitti

2007/54: Non-Price Competition and Exchange Rate Pass-Through

Aurora Ascione

2007/53: Nominal Debt as a Burden on Monetary Policy

Javier Díaz-Giménez, Giorgia Giovannetti, Ramon Marimon and Pedro Teles

2007/52: Optimal Pre-Announced Tax Reform Revisited

Mathias Trabandt

2007/51: Gravity and Information: Heterogeneous Firms, Exporter Networks and the 'Distance Puzzle'

Sebastian Krautheim

2007/50: Do Unions Matter? Trade Reform and Manufacturing Wages in South Africa

Riham Shendy

2007/49: Accounting for the Changing Role of Family Income in Determining College Entry

Christoph Winter

2007/48: What determines entrepreneurial clusters?

Luigi Guiso and Fabiano Schivardi

2007/47: Risk Aversion, Wealth, and Background Risk

Luigi Guiso and Monica Paiella

2007/46: The Structure of Multiple Credit Relationships: Evidence from US Firms

Luigi Guiso and Raoul Minetti

2007/45: Information Acquisition and Portfolio Performance

Luigi Guiso and Tullio Jappelli

2007/44: Labor Adjustment: Disentangling Firing and Mobility Costs

Luigi Guiso, Luigi Pistaferri and Fabiano Schivardi

2007/43: The Cost of Banking Regulation

Luigi Guiso, Paola Sapienza and Luigi Zingales

2007/42: Cultural Biases in Economic Exchange?

Luigi Guiso, Paola Sapienza and Luigi Zingales

2007/41: Markov-Perfect Optimal Fiscal Policy: The Case of Unbalanced Budgets

Salvador Ortigueira and Joana Pereira

2007/40: Prudent Monetary Policy and Cautious Prediction of the Output Gap

Frederick (Rick) van der Ploeg

2007/39: Prudent Budgetary Policy: Political Economy of Precautionary Taxation

Frederick (Rick) van der Ploeg

2007/38: Genuine Saving and the Voracity Effect

Frederick (Rick) van der Ploeg

2007/37: Partisan Public Investment and Debt: The Case for Fiscal Restrictions

Roel Beetsma and Frederick (Rick) van der Ploeg

2007/36: Volatility, Financial Development and the Natural Resource Curse

Frederick (Rick) van der Ploeg and Steven Poelhekke

2007/35: Can the Natural Resource Curse Be Turned into a Blessing? The Role of Trade Policies and Institutions

Rabah Arezki and Frederick (Rick) van der Ploeg

2007/34: Sustainable Social Spending and Stagnant Public Services: Baumol's Cost Disease Revisited

Frederick (Rick) van der Ploeg

2007/33: Higher Education Reform and the Renewed Lisbon Strategy: Role of Member States and the European Commission

Frederick (Rick) van der Ploeg and Reinhilde Veugelers

2007/32: The Time-Inconsistency of Alternative Energy Policy

Agnes d'Artigues, Jacques Percebois and Thierry Vignolo

2007/31: Imitation and Selective Matching in Reputational Games

Thierry Vignolo

2007/30: Exclusionary Pricing and Rebates When Scale Matters

Liliane Giardino-Karlinger and Massimo Motta

2007/29: Semiparametric Methods for the Measurement of Latent Attitudes and the Estimation of Their Behavioural Consequences

Richard H. Spady

2007/28: The Bargaining Family Revisited: A Comment

Atsue Mizushima and Koichi Futagami

2007/27: Talent Utilization, a Source of Bias in Measuring TFP

Hosny Zoabi

2007/26: Endogenous Growth through Selection and Imitation

Alain Gabler and Omar Licandro

2007/25: Sector-specific Markup Fluctuations and the Business Cycle

Alain Gabler

2007/24: Export-Supporting FDI

Sebastian Krautheim

2007/18: Efficiency Gains from Trade Reform: Foreign Technology or Import Competition? Evidence from South Africa’s Manufacturing Sector

Riham Shendy

2007/12: A Comparison of Estimation Methods for Vector Autoregressive Moving-Average Models

Christian Kascha

2007/11: Econometric Analysis with Vector Autoregressive Models

Helmut Luetkepohl

2007/10: The Signalling Power of Sanctions in Collective Action Problems

Joel van der Weele

2007/09: The Value Added Tax: Its Causes and Consequences

Michael Keen and Ben Lockwood

2007/08: Friendship Selection

Javier Rivas

2007/07: Fixing the Quorum: Representation versus Abstention

Sanne Zwart

2007/06: Voting, Lobbying and the Decentralization Theorem

Ben Lockwood

2007/05: ‘The Child is Father of the Man:’ Implications for the Demographic Transition

David de la Croix and Omar Licandro

2007/04: How to Attain Minimax Risk with Applications to Distribution-Free Nonparametric Estimation and Testing

Karl Schlag

2007/03: Rent Seeking, Market Structure and Growth

Daniel Brou and Michele Ruta

2007/02: Does the Good Matter? Evidence on Moral Hazard and Adverse Selection from Consumer Credit Market

Alena Bičáková

2007/01: Distribution-Free Learning

Karl Schlag

2006/42: Strategic Wage Bargaining, Labor Market Volatility, and Persistence

Matthias Hertweck

2006/41: State Aid to Attract FDI and the European Competition Policy: Should Variable Cost Aid Be Banned?

Mario Mariniello

2006/40: Pricing to Habits and the Law of One Price

Morten Ravn, Stephanie Schmitt-Grohe and Martín Uribe

2006/39: Productivity, external balance and exchange rates: evidence on the transmission mechanism among G7 countries

Giancarlo Corsetti, Luca Dedola and Sylvain Leduc

2006/38: Firm Heterogeneity and the Two Sources of Gains from Trade

Itai Agur