Now showing items 224-243 of 316

  • Quantitative easing and the loan to collateral value ratio 

    Damjanovic, Tatiana; Girdenas, Sarunas (Elsevier, 2014)
    We study monetary optimal policy in a New Keynesian model at the zero bound interest rate where households use cash alongside house equity borrowing to conduct transactions. The amount of borrowing is limited by a ...
  • Quasi–maximum likelihood estimation of linear dynamic short-T panel-data models 

    Kripfganz, S (StataCorp, 2016-12)
    In this article, I describe the xtdpdqml command for the quasi– maximum likelihood estimation of linear dynamic panel-data models when the time horizon is short and the number of cross-sectional units is large. Based on ...
  • Randomization and Dynamic Consistency 

    Kelsey, David; Grant, Simon; Eichberger, Jürgen (Springer Verlag, 2015)
    Raiffa (Q J Econ 75:690–694, 1961) has suggested that ambiguity aversion will cause a strict preference for randomization. We show that dynamic consistency implies that individuals will be indifferent to ex ante randomizations. ...
  • Ratio-based estimators for a change point in persistence 

    Halunga, Andreea G.; Osborn, Denise R. (Elsevier, 2012)
    We study estimation of the date of change in persistence, from I(0) to I(1) or vice versa. Contrary to statements in the original papers, our analytical results establish that the ratio-based break point estimators of ...
  • Redistribution, state trading enterprises and ‘politically optimal’ tariffs 

    McCorriston, S; MacLaren, D (Wiley for Canadian Economics Association, 2013-11)
    State trading enterprises (STEs) are widely used and can be viewed as instruments of trade policy. We analyse two aspects: the first is their potential trade distorting effect; the second is how they modify the case for ...
  • Reducing Crime and Violence: Experimental Evidence from Cognitive Behavioral Therapy in Liberia 

    Blattman, C; Jamison, JC; Sheridan, M (American Economic Association, 2017-04)
    We show that a number of noncognitive skills and preferences, including patience and identity, are malleable in adults, and that investments in them reduce crime and violence. We recruited criminally engaged men and ...
  • Refined best reply correspondence and dynamics 

    Balkenborg, Dieter; Hofbauer, Josef; Kuzmics, Christoph (Wiley, 2012-02)
    We call a correspondence, defined on the set of mixed strategy profiles, a generalized best reply correspondence if it (1) has a product structure, (2) is upper hemi{continuous, (3) always includes a best reply to any mixed ...
  • The refined best-response correspondence in normal form games 

    Balkenborg, Dieter; Hofbauer, Josef; Kuzmicz, Christoph (Springer Verlag, 2015-02-01)
    This paper provides an in-depth study of the (most) refined best-response correspondence introduced by Balkenborg et al. (Theor Econ 8:165–192, 2013). An example demonstrates that this correspondence can be very different ...
  • Registered Replication Report: Rand, Greene, and Nowak (2012) 

    Bouwmeester, S; Verkoeijen, PPJL; Aczel, B; Barbosa, F; Bègue, L; Brañas-Garza, P; Chmura, TGH; Cornelissen, G; Døssing, FS; Espín, AM; Evans, AM; Ferreira-Santos, F; Fiedler, S; Flegr, J; Ghaffari, M; Glöckner, A; Goeschl, T; Guo, L; Hauser, OP; Hernan-Gonzalez, R; Herrero, A; Horne, Z; Houdek, P; Johannesson, M; Koppel, L; Kujal, P; Laine, T; Lohse, J; Martins, EC; Mauro, C; Mischkowski, D; Mukherjee, S; Myrseth, KOR; Navarro-Martínez, D; Neal, TMS; Novakova, J; Pagà, R; Paiva, TO; Palfi, B; Piovesan, M; Rahal, R-M; Salomon, E; Srinivasan, N; Srivastava, A; Szaszi, B; Szollosi, A; Thor, KØ; Tinghög, G; Trueblood, JS; Van Bavel, JJ; van ‘t Veer, AE; Västfjäll, D; Warner, M; Wengström, E; Wills, J; Wollbrant, CE (SAGE Publications / Association for Psychological Science, 2017-03-01)
    In an anonymous 4-person economic game, participants contributed more money to a common project (i.e., cooperated) when required to decide quickly than when forced to delay their decision (Rand, Greene & Nowak, 2012), a ...
  • The relationship between accounting and taxation 

    James, Simon (University of Exeter, 2002)
    Although accounting principles and practice normally form the basis for tax assessment, there are reasons why there should be variations between the figures used for commercial accounting and tax assessment. These include ...
  • Relative price distortions and inflation persistence 

    Damjanovic, Tatiana; Nolan, Charles (2010)
    Many sticky-price models suggest that relative price distortion is one of the major costs of inflation. We show that this resource misallocation is costly even at quite low rates of inflation. This is because inflation ...
  • Religious fragmentation, social identity and conflict: Evidence from an artefactual field experiment in India 

    Chakravarty, S; Fonseca, MA; Ghosh, S; Marjit, S (Public Library of Science, 2016-10-21)
    We examine the impact of religious identity and village-level religious fragmentation on behavior in Tullock contests. We report on a series of two-player Tullock contest experiments conducted on a sample of 516 Hindu ...
  • Religious fragmentation, social identity and cooperation: Evidence from an artefactual field experiment in India 

    Chakravarty, S; Fonseca, MA; Ghosh, S; Marjit, S (Elsevier, 2016-11-01)
    We study the role of village-level religious fragmentation on intra- and inter-group cooperation in India. We report on data on two-player prisoners׳ dilemma and stag hunt experiments played by 516 Hindu and Muslim ...
  • Representation and weak convergence of stochastic integrals with fractional integrator processes 

    Davidson, James; Hashimzade, Nigar (Cambridge University Press, 2009)
    This paper considers the asymptotic distribution of the sample covariance of a nonstationary fractionally integrated process with the stationary increments of another such process .possibly, itself. Questions of interest ...
  • Representation and weak convergence of stochastic integrals with fractional integrator processes 

    Davidson, James; Hashimzade, Nigar (Cambridge University Press, 2008)
  • The reset inflation puzzle and the heterogeneity in price stickiness 

    Kara, E (Elsevier, 2015-08-11)
    New Keynesian models have been criticised on the grounds that they require implausibly large price shocks to explain inflation. Bils et al. (2012) show that, while these shocks are needed to reduce the excessive inflation ...
  • Resolving contractual disputes: arbitration vs mediation 

    Chakravarty, Surajeet; Makris, Miltiadis (University of Bristol, 2005-03-31)
    In this paper we analyze contracts written on potentially non-verifiable states. We first show that the contract always enters a dispute phase. We analyze two possible legal rules which can be used to resolve the disputes. ...
  • Retail price dynamics and retailer heterogeneity: UK evidence 

    Lloyd, TA; McCorriston, S; Morgan, CW; Poen, E; Zgovu, E (Elsevier, 2014-09)
    We examine retailer heterogeneity in price adjustment in UK supermarkets. Considerable variation in the price change frequency of identically bar-coded products among retail chains is found. Decomposition analysis suggests ...
  • Retailer heterogeneity and price dynamics: scanner data evidence from UK food retailing 

    Lloyd, T.A.; McCorriston, Steve; Poen, Eva; Zgovu, E. (Elsevier, 2012-10)
    This paper contributes to recent research on price dynamics using micro-price data sets. We emphasize a previously neglected aspect, the role of retailer heterogeneity. Our key findings are: (i) the frequency of price ...
  • The returns to microenterprise support among the ultrapoor: A field experiment in postwar Uganda 

    Blattman, C; Green, EP; Jamison, J; Lehmann, MC; Annan, J (American Economic Association, 2016-04)
    We show that extremely poor, war-affected women in northern Uganda have high returns to a package of $150 cash, five days of business skills training, and ongoing supervision. Sixteen months after grants, participants ...