Outputs (659)

Dishonesty and public employment (2023)
Journal Article
Cruces, G., Rossi, M., & Schargrodsky, E. (2023). Dishonesty and public employment. American Economic Review: Insights, 5(4), 511-526. https://doi.org/10.1257/aeri.20220550

We exploit a natural experiment to study the causal link between dishonest behavior and public employment. When military conscription was mandatory in Argentina, eligibility was determined by both a lottery and a medical examination. To avoid conscri... Read More about Dishonesty and public employment.

The Macroprudential Toolkit: Effectiveness and Interactions (2023)
Journal Article
Millard, S., Rubio, M., & Varadi, A. (2024). The Macroprudential Toolkit: Effectiveness and Interactions. Oxford Bulletin of Economics and Statistics, 86(2), 335-384. https://doi.org/10.1111/obes.12582

We use a DSGE model with financial frictions and with macroprudential limits on both banks and mortgage borrowers, in the form of capital requirements and maximum debt‐service ratios. We then examine: (i) the impact of different combinations of macro... Read More about The Macroprudential Toolkit: Effectiveness and Interactions.

“Notre-taxe de Paris”, tax expenditures with two public goods (2023)
Journal Article
Rueda, V., & Wilemme, G. (2023). “Notre-taxe de Paris”, tax expenditures with two public goods. Revue Economique, 74(6), 1053-1065. https://doi.org/10.3917/reco.746.1053

This article presents a new efficiency-equity trade-off when setting up tax rebates in the presence of multiple goods. Although tax rebates can efficiently raise more public funds, they can also alter the mix of public goods. We find the condition fo... Read More about “Notre-taxe de Paris”, tax expenditures with two public goods.

Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals (2023)
Journal Article
Bai, Y., Girma, S., & Riaño, A. (2024). Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals. Journal of International Money and Finance, 140, Article 102988. https://doi.org/10.1016/j.jimonfin.2023.102988

This paper investigates how the announcement of acquisitions affect the uncertainty that financial markets perceive about acquiring firms. We use data for publicly-listed firms in the UK between 2004 and 2017 and employ a matching estimator combined... Read More about Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals.

Dynamic Investigations of an Endogenous Business Cycle Model with Heterogeneous Agents (2023)
Journal Article
Bougheas, S., Commendatore, P., Gardini, L., & Kubin, I. (2023). Dynamic Investigations of an Endogenous Business Cycle Model with Heterogeneous Agents. Computational Economics, https://doi.org/10.1007/s10614-023-10492-2

We introduce agents'heterogeneity into a model of endogenous business cycles, in which agents can invest either in 'good'projects that contribute to future capital formation, or in 'bad' projects without that property. The resulting map involves thre... Read More about Dynamic Investigations of an Endogenous Business Cycle Model with Heterogeneous Agents.

The economic origins of government (2023)
Journal Article
Allen, R. C., Bertazzini, M. C., & Heldring, L. (2023). The economic origins of government. American Economic Review, 113(10), 2507-2545

We test between cooperative and extractive theories of the origins of government. We use river shifts in southern Iraq as a natural experiment, in a new archeological panel dataset. A shift away creates a local demand for a government to coordinate b... Read More about The economic origins of government.

Digital Training Program for Line Managers (Managing Minds at Work): Protocol for A Feasibility Pilot Cluster Randomised Controlled Trial (2023)
Journal Article
Thomson, L., Hassard, J., Frost, A., Bartle, C., Yarker, J., Munir, F., Kneller, R., Marwaha, S., Daly, G., Russell, S., Meyer, C., Vaughan, B., Newman, K., & Blake, H. (2023). Digital Training Program for Line Managers (Managing Minds at Work): Protocol for A Feasibility Pilot Cluster Randomised Controlled Trial. JMIR Research Protocols, 12, Article e48758. https://doi.org/10.2196/48758

Background: Mental health problems affect 1 in 6 workers annually and are one of the leading causes of sickness absence, with stress, anxiety, and depression being responsible for half of all working days lost in the United Kingdom. Primary intervent... Read More about Digital Training Program for Line Managers (Managing Minds at Work): Protocol for A Feasibility Pilot Cluster Randomised Controlled Trial.

(In)efficiency in private value bargaining with naive players: Theory and experiment (2023)
Journal Article
Possajennikov, A., & Saran, R. (2023). (In)efficiency in private value bargaining with naive players: Theory and experiment. Journal of Economic Behavior and Organization, 216, 42-61. https://doi.org/10.1016/j.jebo.2023.10.003

The paper investigates two-player double-auction bargaining with private values in a setting with discrete two-point overlapping distributions of traders' valuations. We characterize parameter settings in which there exists a fully efficient equilibr... Read More about (In)efficiency in private value bargaining with naive players: Theory and experiment.

Does it Really Matter How Different We Are? Ancestry Distances and Income in the United States (2023)
Book Chapter
Rueda, V. (2023). Does it Really Matter How Different We Are? Ancestry Distances and Income in the United States. In R. Sauer (Ed.), World Scientific Handbook of Global Migration : Volume 3: Types of Migrants and Economies: A Global Perspective. World Scientific

Do ancestry differences at the local level have persistent effects on economic success inside the United States? Using data from the American Community Survey, and genetic and cultural measures of ancestry distance from the recent literature, this ar... Read More about Does it Really Matter How Different We Are? Ancestry Distances and Income in the United States.

The behavioral mechanisms of voluntary cooperation across culturally diverse societies: Evidence from the US, the UK, Morocco, and Turkey (2023)
Journal Article
Weber, T. O., Schulz, J. F., Beranek, B., Lambarraa-Lehnhardt, F., & Gächter, S. (2023). The behavioral mechanisms of voluntary cooperation across culturally diverse societies: Evidence from the US, the UK, Morocco, and Turkey. Journal of Economic Behavior and Organization, 215, 134-152. https://doi.org/10.1016/j.jebo.2023.09.006

We examine the role of cooperative preferences, beliefs, and punishments to uncover potential cross-societal differences in voluntary cooperation. Using one-shot public goods experiments in four comparable subject pools from the US and the UK (two si... Read More about The behavioral mechanisms of voluntary cooperation across culturally diverse societies: Evidence from the US, the UK, Morocco, and Turkey.