Working Paper series

From Rimini Centre for Economic Analysis
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28_13: Bayesian Inference of Asymmetric Stochastic Conditional Duration Models

Zhongxian Men, Adam W. Kolkiewicz and Tony Wirjanto

28_12: Modelling Regime Switching and Structural Breaks with an Infinite Hidden Markov Model

Yong Song

28_11: Equilibrium Selection in a Cashless Economy with Transaction Frictions in the Bond Market

Massimiliano Marzo and Paolo Zagaglia

28_10: Cross–Sectoral Variation in Firm–Level Idiosyncratic Risk

Rui Castro, Gian Luca Clementi and Yoonsoo Lee

28_09: Crash of '87 - Was it Expected? Aggregate Market Fears and Long Range Dependence

Ramazan Gencay and Nikola Gradojevic

28_08: The Effects of Labor Market Conditions on Working Time: the US-EU Experience

Claudio Michelacci and Josep Pijoan-Mas

28_07: Are Good Industrial Relations Good for the Economy?

John Addison and Paulino Teixeira

27_14: The effect of code-share agreements on the temporal profile of airline fares

Marco Alderighi, Alberto Gaggero and Claudio Piga

27_13: Organizational Structure and the Choice of Price vs. Quantity in a Mixed Duopoly

Alessandra Chirco, Caterina Colombo and Marcella Scrimitore

27_12: A New Structural Break Model with Application to Canadian Inflation Forecasting

John Maheu and Yong Song

27_11: Dissent in Monetary Policy Decisions

Alessandro Riboni and Francisco Ruge-Murcia

27_10: Entry, Exit, Firm Dynamics, and Aggregate Fluctuations

Gian Luca Clementi and Berardino Palazzo

27_09: Asymmetry of Information Flow Between Volatilities Across Time Scales

Ramazan Gencay, Nikola Gradojevic, Faruk Selcuk and Brandon Whitcher

27_08: Aggregate Shocks vs Reallocation Shocks: an Appraisal of the Applied Literature

Giovanni Gallipoli and Gianluigi Pelloni

27_07: Are Inflation Expectations Rational?

David Andolfatto, Scott Hendry and Kevin Moran

26_14: Universal Basic Income versus Unemployment Insurance

Alice Fabre, Stephane Pallage and Christian Zimmermann

26_13: Labor Reallocation: Panel Evidence from U.S. States

Dimitrios Bakas, Theodore Panagiotidis and Gianluigi Pelloni

26_12: Identifying Speculative Bubbles with an Infinite Hidden Markov Model

Shuping Shi and Yong Song

26_11: Abnormal Returns of Soccer Teams: Reassessing the Informational Value of Betting Odds

Massimiliano Castellani, Pierpaolo Pattitoni and Roberto Patuelli

26_10: Slavery, Education, and Inequality

Graziella Bertocchi and Arcangelo Dimico

26_09: Overnight Interest Rates and Aggregate Market Expectations

Nikola Gradojevic and Ramazan Gencay

26_08: Dynamic probabilities of restrictions in state space models: An application to the Phillips curve

Gary Koop, Roberto Leon-Gonzalez and Rodney Strachan

26_07: What is the Environmental Performance of Firms Overseas?: An Empirical Investigation of the Global Gold Mining Industry

Gary Koop and Lise Tole

25_14: Inequality and trust: new evidence from panel data

Guglielmo Barone and Sauro Mocetti

25_13: Exploration for Nonrenewable Resources in a Dynamic Oligopoly: An Arrovian Result

Luca Lambertini

25_12: Beyond Co-Integration: Modelling Co-Movements in Macro finance

Karim M. Abadir and Gabriel Talmain

25_11: MCMC Estimation of Extended Hodrick-Prescott (HP) Filtering Models

Wolfgang Polasek

25_10: The Impact of the Iraq War on US Consumer Goods Sales in Arab Countries

Sofronis Clerides, Peter Davis and Antonis Michis

25_09: Profitability in an Electronic Foreign Exchange Market: Informed Trading or Differences in Valuation?

Ramazan Gencay, Nikola Gradojevic and Faruk Selcuk

25_08: The Global Joint Distribution of Income and Health

Ximing Wu, Andreas Savvides and Thanasis Stengos

25_07: Does high M4 money growth trigger large increases in UK inflation? Evidence from a regime-switching model

Costas Milas

25-03: Bayesian Nonparametric Inference in Bank Business Models with Transient and Persistent Cost Inefficiency

Dimitris Korobilis, Emmanuel Mamatzakis and Vasileios Pappas

25-02: Sticky Information and Price Controls: Evidence from a Natural Experiment

Doron Sayag, Avichai Snir and Daniel Levy

25-01: Extreme Weather in Europe: Determinants and Economic Impact

Marcelle Chauvet, Claudio Morana and Murilo Silva

24-20: Faraway, So Close: Business Cycle Effect of Long-Run Ambiguity

Sara Biadetti, Lorenzo Carbonari and Filippo Maurici

24-19: Inequality, Myopia, and the Business Cycle

Lorenzo Carbonari and Filippo Maurici

24-18: Labor, Ambiguity, and Stability

Sara Biadetti, Lorenzo Carbonari and Filippo Maurici

24-17: Price Setting Rules, Rounding Tax, and Inattention Penalty

Doron Sayag, Avichai Snir and Daniel Levy

24-16: Macroprudential Policies and Credit Volatility

Lorenzo Carbonari, Alessio Farcomeni, Cosimo Petracchi and Giovanni Trovato

24-15: Eurozone Economic Integration: Historical Developments and New Challenges Ahead

Fabio C. Bagliano and Claudio Morana

24_14: Analysis of The Seeds of Debt Crisis in Europe

Haluk Yener, Thanasis Stengos and Ege Yazgan

24-14: Fact-checking Politicians

Andrea Mattozzi, Samuel Nocito and Francesco Sobbrio

24-13: Evaluating Gender Differences in the Effects of Ambiguity and Misperception on Entrepreneurship in Three Business Development Stages: A Panel Data Analysis

Grace C. Liu and Willem Spanjers

24_13: Geography, Productivity and Trade: Does Selection Explain Why Some Locations Are More Productive than Others?

Antonio Accetturo, Valter Di Giacinto, Giacinto Micucci and Marcello Pagnini

24_12: Biases of Correlograms and of AR Representations of Stationary Series

Karim M. Abadir and Rolf Larsson

24-12: An assessment of inflation targeting

Costas Milas, Theologos Dergiades, Theodore Panagiotidis and Georgios Papapanagiotou

24_11: Does Globalization affect Regional Growth? Evidence for NUTS-2 Regions in EU-27

Wolfgang Polasek and Richard Sellner

24-11: Estimation of Nonlinear DSGE Models Through Laplace Based Solutions

Elnura Baiaman Kyzy and Roberto Leon-Gonzalez

24_10: Off-Season Tourists and the Cultural Offer of a Mass-Tourism Destination: The Case of Rimini

Paolo Figini and Laura Vici

24-10: The gender wage gap among PhDs in Italy. Are research jobs a shield against wage discrimination?

Emanuele Grassi and Marco Savioli