Outputs (41)

The Australian Real‐Time Fiscal Database: An Overview with Illustrations of Its Use in Analysing Fiscal Policy (2019)
Journal Article
Lee, K., Morley, J., Shields, K., & Tan, M. S. (2020). The Australian Real‐Time Fiscal Database: An Overview with Illustrations of Its Use in Analysing Fiscal Policy. Economic Record, 96(312), 87-106. https://doi.org/10.1111/1475-4932.12509

This paper describes a fiscal database for Australia including measures of government spending, revenue, deecits, debt and various sub-aggregates as initially published and subsequently revised. The data vintages are collated from various sources and... Read More about The Australian Real‐Time Fiscal Database: An Overview with Illustrations of Its Use in Analysing Fiscal Policy.

Moderating Loss Aversion: Loss Aversion Has Moderators, But Reports of its Death are Greatly Exaggerated (2019)
Journal Article
Herrmann, A., Mrkva, K., Gächter, S., & Johnson, E. J. (2020). Moderating Loss Aversion: Loss Aversion Has Moderators, But Reports of its Death are Greatly Exaggerated. Journal of Consumer Psychology, 30(3), 407-428. https://doi.org/10.1002/jcpy.1156

Loss aversion, the principle that losses impact decision making more than equivalent gains, is a fundamental idea in consumer behavior and decision making, though its existence has recently been called into question. Across five unique samples (Ntota... Read More about Moderating Loss Aversion: Loss Aversion Has Moderators, But Reports of its Death are Greatly Exaggerated.

China's Dual Export Sector (2019)
Book Chapter
Riano, A., & Defever, F. (2019). China's Dual Export Sector. In B. Zissimos (Ed.), WTO and Economic Development. Massachusetts Institute of Technology Press (MIT Press)

China has transitioned from being an almost autarkic economy to become the world's largest exporter in less than three decades. Given this unique transformation, this paper investigates if the key stylized facts that characterize the behavior of fir... Read More about China's Dual Export Sector.

Subsidies, spillovers and exports (2019)
Journal Article
Girma, S., Görg, H., & Stepanok, I. (2020). Subsidies, spillovers and exports. Economics Letters, 186, Article 108840. https://doi.org/10.1016/j.econlet.2019.108840

© 2019 Elsevier B.V. We ask whether production related subsidies have a role to play in explaining Chinese firms’ export performance. We, firstly, implement an estimation approach that allows for both direct and indirect (“spillover”) effects of the... Read More about Subsidies, spillovers and exports.

The political economy of trade and migration: Evidence from the U.S. Congress (2019)
Journal Article
Conconi, P., Facchini, G., Steinhardt, M. F., & Zanardi, M. (2019). The political economy of trade and migration: Evidence from the U.S. Congress. Economics and Politics,

We compare the drivers of U.S. congressmen's votes on trade and migration reforms since the 1970's. Standard trade theory suggests that trade reforms that lower barriers to goods from less skilled-labor abundant countries and migration reforms that l... Read More about The political economy of trade and migration: Evidence from the U.S. Congress.

Macroprudential policy under incomplete information (2019)
Journal Article
Rubio, M., & Unsal, D. F. (2019). Macroprudential policy under incomplete information. European Journal of Finance, https://doi.org/10.1080/1351847X.2019.1679209

In this paper, we use a DSGE model to study the passive and time-varying implementation of macroprudential policy when policy-makers have noisy and lagged data. The model features an economy with two agents; households and entrepreneurs. Entrepreneur... Read More about Macroprudential policy under incomplete information.

Are Victims Truly Worse Off in the Presence of Bystanders? Revisiting the Bystander Effect (2019)
Journal Article
Fromell, H., Nosenzo, D., Owens, T., & Tufano, F. (2019). Are Victims Truly Worse Off in the Presence of Bystanders? Revisiting the Bystander Effect. Revue Economique, 70(6), 927-944. https://doi.org/10.3917/reco.706.0927

Previous studies have shown that individuals are less likely to help a person in need when there are “bystanders” present who can also offer help. We designed an experiment to re-examine this “bystander effect” using modified dictator games. We find... Read More about Are Victims Truly Worse Off in the Presence of Bystanders? Revisiting the Bystander Effect.

Social comparisons in job search (2019)
Journal Article
Fu, J., Sefton, M., & Upward, R. (2019). Social comparisons in job search. Journal of Economic Behavior and Organization, 168, 338-361. https://doi.org/10.1016/j.jebo.2019.10.013

© 2019 Elsevier B.V. Using a laboratory experiment we examine how social comparisons affect behavior in a sequential search task. In a control treatment subjects search in isolation, while in two other treatments subjects get feedback on the search d... Read More about Social comparisons in job search.

Exchange Rate and Inflation Dynamics in a Resource Rich Setting: The Case of Zambia (2019)
Journal Article
Roger, L., Smith, G., & Morrissey, O. (2019). Exchange Rate and Inflation Dynamics in a Resource Rich Setting: The Case of Zambia. South African Journal of Economics, 87(4), 490-514. https://doi.org/10.1111/saje.12236

This paper investigates the relationship between copper prices, the exchange rate and consumer price inflation in Zambia using a structural vector autoregression with quarterly data for 1995–2014 and a combination of sign and zero restrictions to ide... Read More about Exchange Rate and Inflation Dynamics in a Resource Rich Setting: The Case of Zambia.

People prefer coordinated punishment in cooperative interactions (2019)
Journal Article
Molleman, L., Kölle, F., Starmer, C., & Gächter, S. (2019). People prefer coordinated punishment in cooperative interactions. Nature Human Behaviour, 3, 1145–1153. https://doi.org/10.1038/s41562-019-0707-2

Human groups can often maintain high levels of cooperation despite the threat of exploitation by individuals who reap the benefits of cooperation without contributing to its costs1,2,3,4. Prominent theoretical models suggest that cooperation is parti... Read More about People prefer coordinated punishment in cooperative interactions.