Now showing items 258-277 of 327

  • Scale, scope, and trade dynamics of export processing plants 

    Fernandes, Ana P.; Tang, Heiwai (Elsevier, 2015-08)
    We use transaction-level data for the universe of Chinese trading firms over 2000–2006 to document that compared to ordinary exporters, export processing firms are larger but less diversified in products and destinations ...
  • Scale, scope, and trade dynamics of export processing plants (working paper) 

    Fernandes, Ana P.; Tang, Heiwai (2012)
    Export processing (EP) is the main type of exports for many emerging markets. This paper compares and contrasts export patterns and dynamics of EP firms with those of ordinary (non-processing) exporters, using transaction-level ...
  • Schooling and the Intergenerational Transmission of Values 

    Myles, Gareth D.; Della Giusta, M; Hashimzade, Nigar (Wiley, 2016-03-30)
    We present a model of the evolution of identity via dynamic interaction between the choice of education and the transmission of values in a community from parents to children, when parents care about the preservation of ...
  • Second-order approximation to the Rotemberg model around a distorted steady state 

    Damjanovic, Tatiana; Nolan, Charles (Elsevier, 2011)
    Social welfare objectives are investigated when changing prices is costly (Rotemberg, 1982). A quadratic welfare function is derived, with a distorted steady state, implying inflation and output stabilization goals. Economic ...
  • Second-price auctions with private entry costs 

    Kaplan, Todd R.; Sela, Aner (SSRN, 2006-09)
    We study asymmetric second-price auctions under incomplete information. The bidders have potentially different, commonly-known, valuations for the object and private information about their entry costs. The seller, however, ...
  • Seigniorage-maximizing inflation under sticky prices 

    Damjanovic, Tatiana; Nolan, Charles (Wiley-Blackwell, 2010-03)
    What is the seigniorage-maximizing level of inflation? Three models' formulae for the seigniorage-maximizing inflation rate (SMIR) are compared. A sticky-price model prescribes a somewhat lower SMIR to Cagan's formula and ...
  • Self-employment income gap in Great Britain: How much and who? 

    Cabral, A; Kotsogiannis, C; Myles, G (Oxford University Press (OUP), 2018-06-02)
    This paper utilises an expenditure survey-based data set that is rich in terms of observable characteristics to estimate the ‘income gap’ (defined to be one minus the proportion of reported to true income) of the ...
  • The Self-Serving Biases and Beliefs about Rationality 

    Kaplan, Todd R.; Ruffle, Bradley J. (Western Economic Association., 2004-04)
    Most previous experiments attempting to establish the existence of the self-serving bias have confounded it with strategic behavior. We design an experiment that controls for strategic behavior (Haman effects) and isolates ...
  • Sequential two-player games with ambiguity 

    Eichberger, Jürgen; Kelsey, David (Blackwell, 2004-11)
    If players' beliefs are strictly nonadditive, the Dempster–Shafer updating rule can be used to define beliefs off the equilibrium path. We define an equilibrium concept in sequential two-person games where players update ...
  • Shapley Value Based Pricing for Auctions and Exchanges 

    Lindsay, L (Elsevier, 2017-11-03)
    This paper explores how the Shapley value can be used as the basis of a payment rule for auctions and exchanges. The standard Shapley value is modified so that losing bidders do not make or receive any payments. The new ...
  • Sharing ambiguous risks 

    Chakravarty, Surajeet; Kelsey, David (Elsevier, 2015-01)
    We analyse risk-sharing when individuals perceive ambiguity about future events. The main departure from previous work is that different individuals perceive ambiguity differently. We show that individuals fail to share ...
  • Social learning about environmental innovations: experimental analysis of adoption timing 

    Jamison, J; Owens, D; Woroch, G (Now Publishers, 2017-12-06)
    We conduct laboratory experiments to investigate how private and public information affect the selection of an environmental innovation and the timing of its adoption. The results reveal behavioral patterns underlying the ...
  • Social networks and occupational choice: The endogenous formation of attitudes and beliefs about tax compliance 

    Hashimzade, Nigar; Myles, Gareth D.; Page, Frank; Rablen, Matthew D. (Elsevier, 2014)
    The paper analyses the emergence of group-specific attitudes and beliefs about tax compliance when individuals interact in a social network. It develops a model in which taxpayers possess a range of individual characteristics ...
  • Social unrest in the wake of IMF Structural Adjustment Programs 

    Stroup, Caleb; Zissimos, Ben (MIT Press, 2013-04)
    This paper proposes an answer to the question of why social unrest sometimes occurs in the wake of an IMF Structural Adjustment Program (SAP). Under certain circumstances, partly determined by a country’s comparative ...
  • Stated Preferences for Conservation Policies Under Uncertainty: Insights on the Effect of Individuals’ Risk Attitudes in the Environmental Domain 

    Faccioli, M; Kuhfuss, L; Czajkowski, M (Springer Verlag for European Association of Environmental and Resource Economists, 2018-09-03)
    The outcome of a conservation policy is often subject to uncertainty. In stated preference valuation, it is increasingly recognised that uncertainty affects preferences for the outcomes of environmental policies. However, ...
  • Stationarity of econometric learning with bounded memory and a predicted state variable 

    Damjanovic, Tatiana; Girdenas, Sarunas; Liu, Keqing (Elsevier, 2015)
    In this paper, we consider a model where producers set their prices based on their prediction of the aggregated price level and an exogenous variable, which can be a demand or a cost-push shock. To form their expectations, ...
  • Straightening the Phillips Curve, 1968-76 

    Maloney, John (Routledge, 2011-08)
    This paper looks at the change in the British Treasury’s macroeconomic thinking and policymaking between Friedman's statement of the natural rate doctrine in 1968 and Prime Minister Callaghan's public abandonment of Keynesian ...
  • Strategic complements, substitutes, and ambiguity: the implications for public goods 

    Eichberger, Jürgen; Kelsey, David (Elsevier, 2002-10)
    We examine the effect of ambiguity in symmetric games with aggregate externalities. We find that ambiguity will increase/decrease the equilibrium strategy in games with strategic complements/substitutes and positive ...
  • Strategic monetary and fiscal policy interactions: an empirical investigation 

    Fragetta, Mario; Kirsanova, Tatiana (European Economic Review, 2010)
    This paper identifies leadership regimes in monetary-fiscal policy interactions in three countries, the UK, the US and Sweden. We specify a small-scale, structural general equilibrium model of an open economy and estimate ...
  • Strategic substitutes, complements and ambiguity: an experimental study 

    le Roux, S; Kelsey, D (2015)
    We report the results from a set of experiments conducted to test the e§ect of ambiguity on individual behaviour in games of strategic complements and strategic substitutes. We test whether subjectsíperception of ambiguity ...